Marredpally properties gives good rental returns

Q: Hey heard that Marredpally promise assured rental returns. Kindly discuss on this news and let me know the details.

Sridhar, Hyderabad

20th May 2014

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Replies (3)

Hey Marredpally is a fine residential area and home buyers can bank on this locality for good rental returns :)

Rubiya,

21st May 2014

Comment

Hey how much can I expect the prices for 2bhk and 3bhk here ?

Jackie,

21st May 2014

Comment

@Jackie: A 2BHK unit at Marredpally would be up for sale in the price range of Rs 30 lakh to Rs 60 lakh and 3BHK units could range anywhere between Rs 45 lakh to Rs 1.5 crores.

Vivek Kulkarni,

21st May 2014

What are the rental returns I can expect for 2bhk ?

Jackie,

21st May 2014

@Jackie: A 2BHK can fetch you Rs 12,000-Rs 35,000 per month. Also for 4BHK you can expect Rs 60,000. Marredpally is going to gain on the infrastructural front with the metro coming up by the middle of the year in 2015 . Also benefit is that the presence of IT companies in the vicinity.

Gurmeet,

21st May 2014

How is the connecitivity and other facilities offered in this locality ?

Jackie,

21st May 2014

@Jackie: . The old airport at a distance of 4 km and the new one at a distance of 30 km also make the locality an ideal investment. Also RTC buses ply in the locality with the Jubilee Bus Stand stretching its services to the entire city. Also, Begumpet is situated close to 5 km from Marredpally.

Gurmeet,

21st May 2014

Hey Sridhar, it is located at a close distance of close to 2 km from Secunderabad, is a developed locality called Marredpally. Natives and local real estate trend watchers pronounce it as an infrastructural and development-led locality where the benefits of affordability, connectivity and rental returns could become almost a USP of the locality.

Vivek Kulkarni,

20th May 2014

Comment

Hey Vivek: Can you tell me what is the price range of the locality ?

Pranab Malakar,

20th May 2014

@Pranab: Hyderabad-Secunderabad as a whole, the prices at Marredpally seem justified. Capital values here range between Rs 3600 to Rs 4500. Most of the new projects that are spacious here. :)

Gurmeet,

20th May 2014