Gandhi Nagar property market: An overview

[ecis2016.org] Gandhi Nagar is a popular residential destination of Hyderabad. It is located in the Telangana state of India

Gandhi Nagar enjoys proximity to localities of Bakaram, VV Giri Nagar, Bhagyalaxmi Nagar, Lower Tank Bund and RBI Colony.  All of these localities are situated at a distance of 1 kilometre from the locality.

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Connectivity with nearby Gandhi Nagar localities

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

• The nearest railway stations include James Street railway station and the Secunderabad Junction railway station, which are located at distances of 3.3 and 3.8 kilometres from the locality.
• The nearest airport is the Rajiv Gandhi International Airport, which is 33.9 kilometres from the locality.
• Telangana State Road Transport Corporation (TSRTC) services connect the locality to major parts of Hyderabad.
• The locality is served by the Andhra Pradesh Transport Corporation (APSRTC) network of bus services.

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Employment hubs near Gandhi Nagar

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The locality is witnessing an increase in the population in the recent years, owing to its proximity to various commercial complexes in and near Gandhi Nagar, such as:

• Hitech City (18.1 kilometres away)
• Gachibowli (19.1 kilometres away)

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Schools in Gandhi Nagar and other social amenities

Gandhi Nagar provides its residents with all kinds of social amenities to live a happy and peaceful life. Various schools in Gandhi Nagar include the School of Planning and Architecture, P Madhava Rao Degree College, Jain International School, St Anthony’s High School, Indian Institute of Management and Commerce, Holy Mary High School for Girls and many more.

The major hospitals in Gandhi Nagar include Sri Narmada Hospital, Jagadamba Hospital, Guru Nanak Care Hospital, Global Dental Hospital and Tapadia Medical Centre’s Eashwar Lakshmi Hospital.

Apart from these it also provides the luxury of enjoying recreational amenities and proximity to various banks and ATMs, including State Bank of India, HDFC Bank, Axis Bank, City Union Bank and Andhra Bank. The locality also has to offer a number of hotels and inns, such as Vasavi Arya Vysya Hotel, ITC Limited and Hyderabad Marriott Hotel and Convention Centre.

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Price trends in Gandhi Nagar

• Price appreciation in Gandhi Nagar – Around 13.5% in the last 1 year.
• Average property rates in Gandhi Nagar – Rs 3,953 per sq ft.

Read also : Can affordable housing become the largest segment in residential real estate?

Reasons to invest in Gandhi Nagar

Gandhi Nagar has emerged as a very convenient neighbourhood considering the easy living conditions and many job opportunities that it provides its residents with. The rise in property pricing and demand, make investing in Gandhi Nagar a lucrative option. The presence of commercial hubs in and around the locality, make Gandhi Nagar a preferred working as well as a residential destination of Telangana.

Projects like Sri Rama Residency, Padma Enclave, Mahalaxmi Paradise, Jyoti Indra Ne and many more situated in and around the locality are among the best projects to invest in Gandhi Nagar.

Check properties in Gandhi Nagar

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Category: Lifestyle