No Hyderabad Blues For Luxury Homes in Hyderabad Even During The Pandemic

Due to the Covid-19 driven lockdown, many real estate purchasers skipped looking and buying properties. However the property showcase, Luxury Manors - offering luxury properties in Hyderabad in the price range of Rs 5 Cr to Rs 12 Cr became a big hit. Many luxury property buyers bought a good amount of luxury houses and these property buyers included doctors, NRIs, professionals and senior executives.

There were more than 100 luxury properties in Hyderabad that got sold from April 202 to June 2020. When compared to the general real estate sale in Hyderabad during the same period, the sale of luxury real estate in Hyderabad has been a pleasant surprise indeed.

The luxury duplex manors located on the outskirts of Hyderabad in upcoming areas like Gopanpally, Narsingi, Gandipet boasting prices from INR 5 crore to INR 9 crore witnessed phenomenal traction. Also the super luxury apartments in the heart of Hyderabad's Financial District found many luxury property investors - each of them costing upwards of INR 10 crore.

Many affluent families within Hyderabad have bought plush and spacious luxury villas in Hyderabad to ensure that they have the space as well the privacy that they need. The sale of villa properties in Hyderabad has also gone as rich people seek more privacy and are ready to pay for it.

Luxury independent homes in Narsingi which is around 20 kms away from the Hyderabad downtown area have done good business during the lock down period.
Many nonresident Indian (NRIs) originating from Hyderabad have bought luxury properties in Gopanpally where the prices are almost INR 9 Cr plus.

As per Nikesh Guru, a luxury property manager these luxury properties and prestigious homes in Hyderabad come with all the luxury amenities and comfort that one can imagine like central AC, beautiful private pool, modern luxury dry kitchen and other high end facilities.

A Hyderabad based realtor Kumar Reddy also acknowledges the fact that agreed to the fact that the demand luxury homes in Hyderabad has been very positive. Property buyers are looking at factors like safety, time completion, amenities, privacy and booking premium apartments ranging from INR 3 crore to INR 5 crore and also luxury homes above this price range wholeheartedly.

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