Hyderabad is emerging as a key market in India’s growth story and land is worth the price we are paying. Hyderabad has been in news recently. The reason this time was not information technology (IT); rather it was due to the steep increase in the real estate prices in the city of pearls. A city in the southern India which was once famous only for its pearls, biryani, ancient culture and heritage has emerged as the preferred destination for many national and multinational organizations. Hyderabad has accomplished new dimensions and developed as IT hub. There has been a momentum in the overall economic activity in the city. The city today is synonymous with IT sector, Business Process Outsourcing (BPO), Biotechnology etc. Such has been the wave of activities that today the Nizam’s city is the first choice of many national and multinational companies for their operations. All this has contributed to a sudden boom in the real estate in Hyderabad.
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