Want to invest near Miyapur bus terminal

Q: Will be investing in Hyderabad real estate soon enough. My uncle suggested me to look in the areas near the bus terminal in Miyapur. Can anyone tell me if this is a good idea and why? Thanks guys!

Lokesh Gowda, Hyderabad

2nd July 2014

Buying property in Miyapur, Hyderabad

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I totally agree with these guys. This is one huge infrastructure development project. I mean the HMDA are spending over Rs 100 crore on this. No wonder it is making such a big splash everywhere. About the status of the project, the last thing I heard was that the tender was given to KRR Infrastructure pvt ltd in 2012. Since then I’ve heard that there are some clearance issues which are delaying the construction process. Does anyone have anymore updates about its current status? I myself am interested to know more about this.

Sriram Gowda, Hyderabad

8th July 2014

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Well yeah! This will be one huge project Im telling you. Covering over 1000 acres, there will be around 200 bus bays. Mostly the services are going to run for other cities but other than that there will be 30 city bus bays too, to cater within the city. No wonder it is the largest bus terminal in Asia. This is bound to put Miyapur on the map. Just let the project be operational, and you’ll see how your property prices shoot up. Its a guarantee.

Ramesh Gullapalli, Hyderabad

8th July 2014

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Of course there will be buses for other cities; it is going to be an intercity terminal. So there will be plenty of buses leaving here for neighbouring cities of Bangalore, Chennai, Mysore, Vijaywada, etc. Did you guys know that this is going to be Asia’s largest bus terminal? So obviously infrastructure of such magnitude will have a positive effect on the real estate market in Miyapur. I agree with your uncle, I think Miyapur will be a good investment location. Go ahead!

Shiva Kumar, Hyderabad

8th July 2014

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Hi, good time for the investment actually. The city is seeing a lot of development post the formation of Telengana. And thats a good advice from your uncle. Investing near the upcoming bus terminal will have a good impact. I mean there is always a high demand of real estate in areas which are conducive to easy transportation. I’ve heard that this terminal is going to be a huge project, so there is probably going to be buses for the whole city. In fact I wont be surprised if there are buses for other cities as well. Now who doesn’t want to live near that?!

Govind Naidu, Hyderabad

8th July 2014

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