Investment Potential in Narsingi

Q: I've heard that you get cheap and affordable housing in Naringi and that the area is fast developing. Any reviews on the area would be very helpful for me as I am thinking about investing there. Thankyou! :)

Geeta Naidu, Hyderabad

14th July 2014

Locality Review in Narsingi, Hyderabad

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Replies (7)

What are the issues the locality is facing except water shortage? Has the locality got Manjeera water connection?

Tarakaram, Hyderabad

4th June 2016

Comment

Not Yet :( this area is not authorized to get Manjeera water and the area doesn't have any supermarkets. The area is still in its developing phase, you cannot compare with the main city facilities.

Suresh Kota, Hyderabad

4th June 2016

I recently visited this place to buy a plot and he quoted Rs.20k/sq yd and it's huda approved. There are similar plots in Puppalaguda as well. The plot is about 1-2km from registrar office of narsingi. it looks more like a slum though there's a school near by.There's a lot of open land there, which can lead to some constructions in future. I am confused whether it's a good investment here. Any advice plz?

Ashok Bathini,

3rd September 2015

Comment

Narsingi is a fast growing suburb of Hyderabad. The area is dotted with integrated township developments from prominent developers, catering majorly to the mid-end and high-end segment having capital value in the range of INR 3,500-6,000. Narsingi has recently been witnessing demand for bungalows and independent villas. Good locality to invest I think so...

Siddharth Bharadwaj, Hyderabad

11th September 2015

The area still is not as developed as places like Gachibowli but it definitely seems to be gaining much importance. Major drawback here is the water problem. Residents here don't get enough water supply as this locality doesn't have the authrorization to get drinking water. So people have to pay about 20 rs per litre of water can. Residents feel they should have more water resources and some facility must be provided for the same. According to the grampanchayat, the situation is much better now because they have already made the necessary arrangements for the Manjeera water pipelines to be set up here. They also have plans to develop the cattle market by providing better facilities. Also, 50 villages are coming together to connect these stretch of areas to the ORR. I say go for it and get an aprtment here!

Shiva Kumar, Hyderabad

17th July 2014

Comment

Initially I saw many flats in different parts of the city. After a lot of research and comparison I found that Narsingi has the lowest rentals among my preferred localities. I got a 2-BHK for Rs 9,500 in a newly constructed society with all amenities in place. The area is relatively secure as the Narsingi Police are vigilant and the patrolling is on throughout night. The new sarpanch has promised to plant a tree in front of every house of Narsingi. If this turns out to be true, the area will have more green cover and thus a cleaner environment. For the recreational activities like movies or parks, we have to go till Langar House, which has one single screen theatre or towards the Hitec City for the multiplex experience. Some international schools have come up in the Puppalaguda area, which is 3 kms from Narsingi. So all this will really amount to a good investment for you! :)

Sriram Gowda, Hyderabad

16th July 2014

Comment

Before there was literally nothing here but in the past few years there has been proper cemented roads, underground drainage system, water supply, transportation, few nursing homes, banks, schools and the value for land has increased. Due to the proximity of Narsingi to the financial district, many IT professionals are moving to this area. Even if they want to invest, the capital values in this area are comparatively lower than other areas. A 3-BHK in this area would cost around Rs 35 lakhs to Rs 40 lakhs. I have seen this village getting transformed. During my childhood it used to be a small village, but with the recent developments it has fetched the tag of a suburb. We didn’t even had a proper road connecting us to the main city , now we have buses coming every five minutes. In last 12 years, the transportation has improved a lot, APSRTC buses and autos are there in the area and it has got roads and transport connecting to Mehdipatnam, Tolichowki and Secunderabad!

Suresh Kota, Hyderabad

16th July 2014

Comment

Hi Suresh, Right now how much will be the price of a 3 bhk in Narsingi locality? How is the locality for straying with family?

Tarakaram, Hyderabad

4th June 2016

A 3 bedroom apartment in this locality would cost around Rs 45 lakhs to Rs 55 lakhs. The locality is a green and clean area, away from the hustle and bustle of the city.

Suresh Kota, Hyderabad

4th June 2016

This is the perfect time to invest in Narsingi! Prices have appreciated by 15 to 20% in the last 2 years alone and the price for a 3 bhk villa should be within a budget of 1 to 3 crores. Price per sq feet should be approx 4000 to 5000 bucks for a 4000 square feet luxury apartment villa. Also about 10 to 15 years ago, when the prices were really low, many builders invested here and bought large plots of land. So later on, when the value of the locality started increasing, many residential projects also started being constructed. Only thing is there aren't many residents here as of yet, but that's alright because in 2, 3 years, the area is going to so alive buzzing with people and IT companies. This is the best time to invest only because property prices will appreciate in the near future so better to buy now when the price is still low.

Govind Naidu, Hyderabad

15th July 2014

Comment

You're right! Narsingi is a fast growing suburb on the fringes of Hyderabad. It's about 20 km away from the main city and has many ongoing and completed residential projects. This locality is pretty cool because it was actually a sleepy suburb, lacking in IT companies and infrastructure, but the cropping up of luxury homes in the area really got people interested. It's also quite cheap as compared to other suburbs in Hyderabad. The area is actually blessed with very good roads like the ORR and the 100 feet road. Even the 60 feet road is going to be widened pretty soon to a 200 feet road. Because of all of this, reaching the airport only takes half an hour! Good locality to invest in :)

Krishna Rao, Hyderabad

14th July 2014

Comment