Demand drive of property values in Madhapur

Q: Hey heard that Madhapur is upcoming residential-cum-commercial locality of Hyderabad is witnessing an increase in demand of properties. Kindly discuss on this news and let me know the details.

Verma, Hyderabad

15th April 2014

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Replies (3)

What are the reason for falling demand in Hyderabad's premium localities?

Dhananjay, Hyderabad

13th November 2015

Comment

Hi, Dhananjay as per my understanding of market, fall in demand of premium localities is due to :
1. High Price
2.Fall in greenery
3. Congestion.
4. Cheaper alternative

Sridhar, Hyderabad

13th November 2015

Hi All, I heard that demand for premium localities dips in Hyderabad in the current market? If anyone have any idea let me know...

Dhananjay, Hyderabad

13th November 2015

Comment

Hi Dhananjay, I think you are right and Localities in West Hyderabad such as Gachibowli, Appa Junction and Nanakgramguda are emerging as strong investment choices compared to the overpriced premium localities.

Sridhar, Hyderabad

13th November 2015

anakgramguda and Appa Junction currently have rates prevailing around Rs 4,000-4,500 per sq ft, Sudam expects it to increase to Rs 6,000-6,500 per sq ft in the near future. The current government also seems focused on the development of these areas, aiming to make them smarter. This makes it a great time to invest in these budding areas as they will peak in the near future.

Bharath Konda, Hyderabad

13th November 2015

Hi Verma, the main reaon is it being preferred as a residential area is the increase in the number of IT companies that have brought several employees with them as well.

Balwinder Singh,

15th April 2014

Comment

Hey as far as I know Madhapur is a suburb houses several IT/ITES, BPOs and other multinational companies. It is in proximity to HITEC City, Jubilee Hills, Kukatpally, Kondapur, KPHB, etc. The area has easy connectivity through road and HITEC MMTS station. :)

Vivek Kulkarni,

15th April 2014

Hey can you tell me what is the capital values at present ?

Gurmeet,

15th April 2014

@Gurmeet: The capital values of apartment here range from Rs 4300-5500 per sq ft. The price of a 3BHK apartment in the area ranges from Rs 60 lakh to Rs 1.5 crores.

Vivek Kulkarni,

15th April 2014