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Sunday, December 22, 2013
Hyderabad real estate prices are still
cheapest in the country
Many reports have claimed that the
residential real estate prices in Hyderabad is cheapest among all other Indian
metros. A recent study.
The under-construction Regional Ring Road which
passes through Shadnagar is also
expected to push the demand further. The road is expected to become functional
by 2016. Apart from road infrastructure, Shadnagar is already well-connected
through railways with the existing Shadnagar railway station and is directly
linked with Rajiv Gandhi International Airport through the Bangalore-Hyderabad
Highway.
With real estate prices
in Hyderabad going through the roof, the areas on the outskirts of the city
provide some relief to those looking for affordable property. Shadnagar, situated 50 km away from the
main city is offering property at affordable rates.
Residential plots are available for Rs 1200 per sq yard onwards in Shadnagar. The difference in prices comparative outskirts of Hyderabad city.
The area is witnessing a high demand for residential properties due to fast developing connectivity and the lower rates prevailing in the area. “Owing to this, 60 per cent increase in demand has been recorded this year.
Residential plots are available for Rs 1200 per sq yard onwards in Shadnagar. The difference in prices comparative outskirts of Hyderabad city.
The area is witnessing a high demand for residential properties due to fast developing connectivity and the lower rates prevailing in the area. “Owing to this, 60 per cent increase in demand has been recorded this year.
In addition to the
affordable rates, the connectivity due to the Outer Ring Road has also pushed
the demand for residential space in Shadnagar.
Furthermore, the
proximity to industrial areas such as Balanagar, Kothur and Kondurg makes Shadnagar a favorable place. With many
IT companies in the vicinity, the area receives high demand for affordable
residential properties from IT professionals.
Presently, the area
records 40 per cent occupancy and sees maximum demand from investors. “80 per
cent of the buyers in Shadnagar are
investors.
The bright prospects of
the area are reflected by builders such as DLF, Karway Group and Agri Gold
Group entering the realty market in Shadnagar.
“The property prices in Shadnagar are
expected to rise by 30 per cent in the coming years”.
With the developing
infrastructures such as roads and new projects, real estate market of Shadnagar is expected to grow at a
faster pace.
Gopi krishna acharya
Director - Sales
Building Blocks projects Ind Pvt Ltd
Hyderabad. A.P,
INDIA
Cell: 09160759774
gopibbgindia@gmail.com
gopikrishnaacharya.blospot.com
For INVESTMENT on Residential Approved Plots in Gated Community @ Shadnagar, Hyderbaad, A.P, INDIA
Please visit: www.kohinoorland.com
www.buildingblokcsgroup.com
Gopi krishna acharya
Director - Sales
Building Blocks Projects Ind Pvt Ltd
Hyderbad.
Cell: 09160759774
gopibbgindia@gmail.com
gopikrishnaacharya.blogspot.com