Lifestyle

Top 10 Investment Localities for Real Estate in Hyderabad

[ecis2016.org] Hyderabad is known for its superior amenities and employment hubs. Hence, the residential areas are always on high demand. The city has consistently been rated as one of the best Indian cities to live in. It has demonstrated sustained growth in residential sales and new launches over the last couple of years. This is a clear indication that the city has become an ideal investment locality for the prospective property buyers. Here is a list of investment localities for real estate that one can look for in the city of Hyderabad:

Miyapur Real Estate –

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The property rate in Miyapur revolves around Rs. 3341 per square feet. Investment on property in Miyapur has high chances of being profitable. Builders in Miyapur are coming up with several residential projects. Reputed schools in Miyapur are Genesis International School and Zenas International School. Sri Shankara Nethralaya and Pranaam Hospitals are some of the eminent hospitals in Miyapur. Rajiv Gandhi International Airport is located at a distance of only 40 Km from this region. The most prominent upcoming development in Miyapur is Hyderabad Metro Rail Project. All these factors are making this area attractive and hence, drawing attention of the investors who are willing to develop buildings or buy properties.

Hafeezpet Real Estate –

Hafeezpet is a commercial area which is located near Hitech City, the software hub of Hyderabad, and Miyapur. Trains from MMTS Railway Station and TSRTC buses connect this area to other neighbouring localities. With the property rate in Hafeezpet being Rs. 3799 per square feet, good investment proposition has become important for property in Hafeezpet.

Bachupally real estate –

Buying property in Bachupally is profitable since the average property rate in Bachupally is as low as Rs. 1977 per square feet. Bachupally ensures good connectivity through the Outer Ring Road and is well connected to the IT corridor which has led to the rapid growth in the real estate market. There are several residential complexes coming up in this area and it is also home to several industrial facilities. There are several hospitals in Bachupally along with several well known educational institutions. Hitech City is only 20-30 minutes away while the TSRTC service runs every 30 minutes to various parts of the city. Inter City Bus Terminus is a major development in this area. The Hafeezpet railway station and upcoming Miyapur and JNTU College metro stations are located nearby to the area. This is one of the hot spot for realty investment in Hyderabad at present.

Jubilee Hills Real Estate –

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Jubilee Hills is a posh suburban neighbourhood in western part of the city. It is one of the most expensive commercial and residential locations in the country. This suburb is sandwiched between the wealthy commercial districts of Banjara Hills and is located at a distance of only within 2 Km from Hyderbad’s IT hub namely Hitech City. Jubilee Hills has numerous schools such as Bharatiya Vidya Bhawan and Jubilee Hills Public School. Eminent hospitals in Jubilee Hills are Apollo Health City and Indian Heart Association. With property rate in Jubilee Hills being 4907 per square feet, property in Jubilee hills has become a popular investment option.

Sainikpuri Real Estate –

Property in Sainikpuri is demanding attention of home-buyers these days owing to its proximity to the basic amenities such as schools, hospitals, fitness and health clubs etc. Property rate in Sainikpuri revolves around Rs. 2559 per square feet. Some of the reputed schools in Sainikpuri are Indus International School and Kendriya Vidyalaya.

Kondapur Real Estate –

Kondapur has great location advantages with some of the best amenities supporting the area’s development. The popular builders in Kondapur include GKC Projects, Aparna Constructions & Estates etc. Property in Kondapur is available at a very affordable rate.  Kondapur has access to many supermarkets, schools and medical facilities. The nearest sport facilities are available in Gachibowli Sport arena. The well-connected bus services of TSRTC offer multiple travel routes. The International Airport is approximately 30 kilometers from this area and can be accessed through the Outer Ring Road. The nearest Hyderabad MMTS connection is available from Hafeezpet and the Hyderabad metro line connection would be available from Hitech City stop. With property rate in Kondapur being Rs. 4248 per square feet, investment in this area has become way more profitable in the recent times.

Nanakram Guda Real Estate –

Property rate in Nanakram Guda is Rs. 5956 per square feet; hence, property in Nanakram Guda proves to be a good investment proposition due to various on-going developmental activities. Leading developers and builders in Nanakram Guda are Prestige Group and Vasavi Group. Naturally, there is an easy availability of 2 BHK and 3 BHK housing units. Some of the reputed schools in Nanakram Guda are Nagarjuna School and Arunodaya School. South Campus Shopping Complex is among the leading shopping malls in Nanakram Guda.

 

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Serilingampally Real Estate –

Due to its close proximity to several important areas such as Hitech City, Gachibowli, Nanakram Guda, Manikonda, and Kondapur, there has been a heavy influx of IT companies in Serilingampally . As a result, there has been a real estate boom in this region. University of Hyderabad is also located here. The buses run by TSRTC connect Serilingampally to other important parts of the city. The nearest railway station is at Lingampally.  Property in Serilingampally is at great demand at present as the property rate in Serilingampally is as low as Rs. 3651 per square feet.

 

Puppalaguda Real Estate –

Buying property in Puppalaguda is wise enough because the property rate in Puppalaguda is as little as Rs. 3046 per square feet. Manikonda is one of the important bus stoppages in the area. Some of the well-known schools in Puppalaguda are Lotus School and Triveni Talent School. Aditya Hospital and Balaji Hospital are the renowned hospitals that are known to deliver healthcare services to the residents of Puppalaguda.

These are the top 10 investment localities in Hyderabad that the investors should definitely consider on account of their future growth potential, affordable property rates at present and rapidly developing social infrastructure. Investments in these localities are beneficial and ensure good return.

 

 

Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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