Hyderabad, the
place for yummy Hyderabadi biryanis and active political scenario, has
witnessed high and lows in realty market since quite some time. However, this
metropolitan city has a number of prime as well as fast-developing localities
that has caught buyer interest at regular intervals. Shamirpet, located in the
northern periphery of Hyderabad has seen real estate growth since the last 5 to
7 years. Easy connectivity and accessibility via Outer Ring Road, affordable property prices, pollution-free environment and presence of good recreational
and entertainment facilities in the vicinity are some of the key factors why 3,
2 and 1 BHK apartments in Shamirpet
have found appeal among several Hyderabad residents and investors.
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| Image Courtesy: Net |
Though the ORR
has been the main driving force for real estate growth in Shamirpet, nearness
to good social infrastructure facilities in the form educational institutions,
clinics, grocery shops, banks and ATMs, etc. and presence of several
recreational clubs like The Orange Bowl, Leonia Resort, Aalankrita, etc. have
also played an important role in real estate boom in the region. With the area
offering a peaceful yet suburban appeal, working couples, professionals,
investors and even families living in Hyderabad find Shamirpet a great location
for investment.
Shamirpet is
also a hit among NRIs, who are basically inhabitants of Hyderabad or
Secunderabad but want to invest in a location that will fetch them good ROI
while also letting them enjoy the serenity of nature, whenever they stay in
Hyderabad. With the area offering an array of housing choices like residential
plots, villas, independent houses and even Shamirpet
1 BHK apartments, the place is ideal for prospective home seekers and
investors. Residential plots, independent houses and villas seem to be more in
demand in the region than apartment flats.
Some of the
builders that have made their presence felt through a range of housing projects
in Shamirpet include Modi Builders, Land Mark Builders, Alliance Infrastructure
Pvt. Ltd., Sri Jagath Swapna Realtors, etc. As per their understanding of Shamirpet’s
realty scenario, the region is ideal for investors and people working in
close-by locations and biotech parks in the vicinity. With affordable property
prices around Rs. 3,600 per sq. ft. for apartment projects and a number of residential
plots being available at Rs. 10 to Rs. 30 lakhs bracket, investors are eying
this locality for better investments.
With
connectivity expected to enhance further, the future prospects of the township
seem very bright, which is only expected to bring profits to the buyer. Hence
as an investor or genuine home seeker, if you are looking for new or resale
houses, villas or 1 BHK apartments in Shamirpet then it is the ideal time to invest and wait for at least fiveyears to gain healthy returns on investment.
Hyderabad is a leading city for investment in property and especially high gain in residential property and I am Niharika, to give you updates on recent property trends in Hyderabad Market
