India’s demand for affordable housing is in the process of revival, as the country turns around from the pandemic. Hyderabad has seen a 123% market growth in the past year, and this number is projected to increase further. Luckily, top developers like Modi Builders have readily accepted the task of providing real estate accessibility with the best affordable housing projects in Hyderabad.
The best affordable housing projects in Hyderabad
Among Modi Builders’ numerous projects, Paradise Homes offers some of the city’s most luxurious yet reasonably priced housing options. The premium residential space features 427 apartments spread over two phases, with 101 units in Phase 1 and 326 in Phase 2.
As one of the best affordable housing projects in Hyderabad, homeowners can purchase a 746 square foot unit at a rate of Rs. 4150/ft². In addition to water, electricity, and other amenities, this can amount to Rs.3321300, give or take.
But how are Modi Builders able to provide reasonably priced housing despite the booming real estate market? The Hyderabad developer emphasizes that its prices are lower by Rs. 500 per square foot due to the following:
- Elimination of landowner profits
Modi Builders has no investors — instead, every piece of land is owned by the company. As a result, they can eliminate landowner and investor profits, offering competitive prices in the market.
- Direct construction
Modi Builders directly carries out the construction of all projects, regardless of scale. The entire management is involved in the planning and execution, allowing them to keep costs under control and purchase materials and land for lower prices.
On top of its affordability, Paradise Homes also comes with exceptional quality. The project boasts world-class amenities, including landscaped gardens, 24-hour security, and sports facilities.
Check out Paradise Homes and other Modi Builders’ projects now and be impressed by the variety of affordable housing options in Hyderabad.
