Hey the ORR localities are preferred by short term investors and end-users. Investors look for early exit in order to earn capital gains and end-users keep the land to construct their large-size homes that they can use after retirement.
@Vivek: Hey it has good connectivity and smooth traffic along the Shankarpalli stretch is the USP of the area. The locality is at a driving distance of 20-25 minutes to the IT corridor through the ORR and ISB Road.
Hey guys Shankarpalli offers land at a starting price of Rs 3,000 per sq yard while plots in Ibrahimpatnam Road and Bowenpally are available for Rs 4,500-5,000 per sq yard.
@Vivek: HMDA and DTCP approved plots are part of gated communities and come with features such as drainage, water and electricity supply , parks, inner roads, etc. Shankarpalli has some Gram Panchayat approved plots, which are priced low because of the lack of amenities and basic features
Hey Abdul, localities on the Outer Ring Road (ORR) can be your preferred choice Areas such as Shankarpalli, Ibrahimpatnam Road, Bowenpally are some of the regions on the ORR witnessing high supply of residential plots within a modest budget. :)