The Best Places to Buy a Home in Hyderabad

Do you live in the mesmerizing city of Hyderabad and looking to purchase a home with the help of a Home Loan in Hyderabad?

Hyderabad is definitely one of the best cities to live in India in terms of development, infrastructure, religious harmony, lip-smacking foods, and what not! As a result, everyone wants to take a pie of Hyderabad!

Hence, if you live in Hyderabad or want to settle there by purchasing your dream home with a Home Loan in Hyderabad, the post will provide you with some quick inputs on it.

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Best Places to Buy a Home in Hyderabad

Here are some of the key pockets of Hyderabad where purchasing a home will be best. Have a look!

  • Chanda Nagar

Chanda Nagar is a suburb of the sprawling Hyderabad city and is falls in proximity to areas such as Lingampally and Miyapur. The area houses a mix of residential properties, shopping malls, and key housing colonies. The connectivity is good as it’s near to Mumbai highway and has some good schools. Overall, the area is peaceful, and you can easily count on it to settle for a home purchase there.

  • Shamshabad

Shamshabad is one of the hottest spots to stay in the Hyderabad city. Although the prices of the real estate properties are on a higher side, you can still consider it as the quality of life is much higher. The area also houses the Rajiv Gandhi International Airport. Laced with better infrastructure and much more, Shamshabad is eyeing real estate progress!

  • Osman Sagar (Gandipet)

Osman Sagar (popularly known as Gandipet) is another area in the Hyderabad city that you can consider to purchase a home. Why? The locality is peaceful, better road connectivity to the city, excellent groundwater level, fewer distances to schools, colleges, fruits and vegetable markets and entertainment centers.

Now that you are aware of the major areas of Hyderabad to purchase a home let’s make you familiar with a funding option to help you buy it.

Yes, you can easily do that by availing loans at low housing loan interest and other benefits. Let’s have a look!

Home Loans in Hyderabad – Quick features and benefits!

  1. Higher Loan Amount – You can apply for Housing Loans in Hyderabad for an amount between Rs.20 lakh and Rs.10 crore. With such a higher Home Loan range, it can help you purchase your desired home easily.
  2. Home Loan Balance Transfer – If you are an existing Home Loan customer and unhappy with the loan rates or lender’s services, you can switch your loan. Yes, that’s possible with the Home Loan balance transfer facility where you can transfer your Housing Loan account to a lender offering lower rates and better services. You can also grab a top-up loan up to Rs.50 lakh at a lower rate and longer tenor to assist you to cover other financial needs.
  3. Flexi Home Loan Facility – You are free to withdraw an amount out of your credited limit as many times during the loan tenor and pay only interest as EMI. The remaining part gets settled once the tenor ends.
  4. Wider Tenor – A tenor as wide as 20 years is also provided to help you spread the loan cost so that you pay in smaller EMIs.   
  5. Online Loan Account Management – You can track your House Loan details from anywhere and 24/7 through the digital customer portals of the online lenders.

The Bottom Line

Housing Loans are easy to avail if you have the required eligibility. For this, you can use a Home Loan eligibility calculator to determine if you are eligible or not.

You can also know an EMI amount that you will pay if you take a loan for a particular amount with a Home Loan EMI calculator. These online tools are free and available at lender’s website.

Now that you are aware of the key areas of Hyderabad to buy a home along with the benefits of a Housing Loan, you can apply for it online! Best of luck!

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