[ecis2016.org] Shamshabad, a popular locality in Hyderabad, has attracted the attention of many home buyers in recent years. Erstwhile Shamshabad was a village of the Ranga Reddy District but with the development of the Rajiv Gandhi International Airport, Shamshabad real estate has grown by leaps and bounds
Hyderabad has experienced steady growth in terms of both, residential and commercial properties in the last few years and it has emerged as one of the most promising destinations for home buyers. Shamshabad is one of the growing localities of Hyderabad.
You are reading: Shamshabad property market: An overview
The prime attraction of this locality is its connectivity with the commercial hubs and other parts of Hyderabad. The international airport is about 5 minutes from the residential area. Also, the accessibility of the Bangalore NH-7 and Outer Ring Road, ensure great connectivity to Shamshabad. Further, public buses and trains have also made commuting easier for residents. Nearby Shamshabad localities include Madhuban Colony, Nadergul, Bongloor, Maheshwaram and Attapur.
The availability of apartments in Shamshabad is limited. The top builders in Shamshabad are Green Home Farms, HPR Group, Dream India and Sawera Townships India. The upcoming projects in Shamshabad include Beverly Slopes, The Adornia and Icons Isle by Green Home Farms, Monarch by Dream India and Greencity by Sawera Townships India.
The demand for flats in Shamshabad has increased over the years as the locality is increasingly seeing huge influx of people. The top apartments in Shamshabad are under construction and promise to offer contemporary and elevated lifestyles to the residents.
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Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Connectivity with nearby Shamshabad localities
- Umdanagar railway station lies 6 kilometres away from the area.
- The Rajiv Gandhi International Airport is about 2 kilometres away.
- The major bus station of the locality is the Rajiv Gandhi International Airport (RGIA) bus stop.
- The Outer Ring Road and Bengaluru NH-7 are approximately 2 kilometres away from Shamshabad.
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Read also : The best places to live in Hyderabad, the city of pearls
Employment hubs near Shamshabad
- The biggest IT hub of Hyderabad—Hitech City is 30 kilometres away from Shamshabad but through the Outer Ring Road, the distance can be covered in 20 minutes.
- Shamshabad is well-connected to Madhapur, Secunderabad, Kothaguda, Koti and other major commercial hubs by the Outer Ring Road and Bengaluru NH-7.
Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
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Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Shamshabad provides good social infrastructure to its residents. The popular schools in Shamshabad are Bala Yesu Vidyalayam and Infant Jesus International School. Leading hospitals in Shamshabad include Indra Hospital and Kavya Hospital. The South India Shopping Mall in Attapur lies close to the area.
Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Physical infrastructure in Shamshabad
The proposed metro rail project and upcoming IT parks (Fab City, Hardware Park and Nano Tech Park) will add impetus to Shamshabad real estate in future.
Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Price trends in Shamshabad
Price appreciation—10.3% over the last one year.
Current property rates—Rs 585-Rs 2,081 per sq ft.
Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Read also : Bombay HC dismisses Adarsh society’s plea, to defreeze bank accounts
Read also : The best places to live in Hyderabad, the city of pearls
Reasons to invest in Shamshabad
Considering the price trends in Shamshabad, there is a high possibility of price appreciation in the future. However, Shamshabad is facing certain issues. It comes under the bio-conservation zone and therefore, there are various construction rules which the locality has to abide by. Other issues involve inadequate street lighting and huge traffic in the locality. Despite the challenges, quality infrastructure at affordable prices will definitely make Shamshabad a great investment location in future.
Check Properties at Shamshabad
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Category: Lifestyle
