Details about logistics park in Batasingram

Q: Hey guys, what’s a logistics park? I heard one was being set up in Batasingram. Is it true? And how will it affect the real estate there? I’m planning to invest in real estate in and around this locality.

Shiva Kumar, Hyderabad

2nd July 2014

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Hey guys, I know that Batasingram is not really a real estate hotspot, but I think this is the time to invest here. I mean this logistics park here actually proves that this is kind of under the radar of the HMDA for further development projects. So don’t dismiss it right away. The logistics park might not be directly relevant to the real estate market here, but because of this, there will be more focussed attention on this locality. I think an investment here has potential for some major benefits in the future.

Lata Rao, Hyderabad

8th July 2014

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Yeah he is right. It is like an industrial warehouse, you could say. It will basically be like a parking spot cum docking space for industrial trucks, and other warehousing purposes. It will also serve as a cold storage, along with service stations and other commercial stops. If you have property close by Batasingram, then it might be a good time to sell it off after the logistics park is functional. Prices are likely to be appreciated. But if you’re looking to buy here, then its better to wait it out for some more relevant infrastructure projects.

Geeta Naidu, Hyderabad

8th July 2014

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Hi. Yeah Ive heard about it too; although Im not too sure about what it exactly means. I think it is some kind of a terminal for buses, trucks and other industrial vehicles. I’m pretty sure that it is purely for industrial purposes, so it wont be such a big game changer to the real estate market here. I mean, there is not such high demand for houses closes to the industrial area. So Im going to advise you against investing here. Why don’t you try out other places like gachibowli or Madhapur? Now those are some places which are seeing continuous capital appreciation.

Krishna Rao, Hyderabad

8th July 2014

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