Affordable plots available in Yadagirigutta, Hyderabad
Yadagirigutta, located about 70 km north-east of the heart of Hyderabad city, off NH-202, is a hillock temple town that comes under the administration of Nalgonda district. Renowned for the famous Sri Lakshminarasimha Swamy temple, it has gained prominence due to availability of affordable plots in the range of Rs.1-5 lakh. Besides affordability, other factors such as investment potential of the area, its connectivity as well as the social infrastructure have resulted in considerable demand for plots here.
Connectivity
Yadagiriguda enjoys excellent connectivity from the heart of the city through the NH-202 (Hyderabad-Warangal-Bhopalpatnam road), and further through the Yadagirigutta road. The Yadagirigutta bus stop provides inter-city as well as intra-city connectivity.
Infrastructure
Due to its rustic nature, the area is yet to develop in terms of social and physical infrastructure. However, there is no shortage of power or water supply in the area. Regular water supply is ensured from the Hyderabad Metropolitan Water Supply (HMWS) while power supply is provided through the Andhra Pradesh State Electricity Board (APSEB).
Prices and area of plots
Currently, only residential plots and medium-sized villas are currently available in Yadagirigutta. Residential plots of size between 1200 and 1800 sq. ft. are available in the price range between Rs.1-5 lakh. Villas are available in the price range between Rs.5-15 lakh depending on the location and the amenities provided.
Investment potential
Compared to other property types, residential plots have a higher investment potential. Besides, if the buyer is proposed to construct a residence on the plot at a later stage, it offers him the flexibility to construct according to his requirement and budget. It also presents the possibility for the buyer to build a second home or retirement home on the plot he has purchased. Being a temple town, the area has the added potential of attracting tourists. Hence, various other commercial possibilities such as serviced apartments, resorts or home stay facilities can be planned to rake in considerable returns.
Future prospects
Considering the investment potential that the area offers for residential plots, it would be an opportune time to invest in residential plots in the area. With the area proposed to witness considerable development in terms of connectivity and infrastructure development, investors can expect rich dividends in future.
