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Hyderabad is a Tier II metro city in terms of infrastructure diversity and demographics. It is evolving rapidly in the fields of education, IT tech parks, pharmaceutical and biomedical industry, etc. The rise in these sectors has led to increased demand for real estate properties, be it commercial or residential.
Residential properties have a shorter lease period making tenants moving out constantly and new tenants coming in who will also want the same amenities.
Hence, maintenance should be of utmost importance. The location and proximity of a residential project to schools, hospitals, shopping malls, and main roads determine how much rent can be charged.
It is a financially sound move to step into the real estate market at a young age. However, there are certain parameters that you should consider before buying a property. It’s imperative to invest in good properties like the elegantly styled, ultra-luxurious GKRS Palacio in Hyderabad which will earn you handsome returns in the future.
While searching for an apartment, deciding the floor for yourself should ideally demand some thinking on your part. For example, should you want to live on a higher floor, you can restrict your search to high-rises or projects that have upper-floor accommodation on offer.
For instance, Majestique Rhythm County in Pune is a residential project that has on offer 1 and 2 BHK apartments spread over 14 floors. While there is no clearly defined rule that governs the ‘correct’ floor, you can weigh in some of the more important factors here.