Q: Hey I read somewhere that Lingampally is really coming up with many infra projects and now there's lots of demand for property here. Does this area have potential? Do you think investing here is a wise choice?
Hi friend. I stay in Lingampally and pay only 10,000 a month for rent for a 2 bhk apartment. Prices usually range between Rs 6000 to 12000 or a little more. I think it is very good locality to live because all things like entertainment centres, restraunts, hospitals are all here.
Actually a friend of mine was supposed to buy a plot in Lingampally. But then he found that there were very limited options for residential apartments and all those. Mainly there are plots in this area. Still apartments are coming up which will take more time.
Road system is very well developed in Lingampally. It easily connects to NH 9 highway that leads to Mumbai. Then public transport services like MMTS and local buses are very efficient in this area.
Hello. even social infrstructure options are there in Lingampally. Like schools, colleges, hospitals, malls. That is another thing that is driving demand here. In the long run, valuable returns from investment will come from this locality.
Hey many noteowrthy developers like Legend Group, Abhiram Properties, and Praneeth Group are starting residential projects in Lingampally. And 2 and 3 bhk options are avilable in plenty.
See lot of infrastructure projects are being undertaken in this region. The hyderabad metro rail project is also going to come up in this region by the year 2016 (hopefully). If that comes then property prices will escalate.
Reason for very high demand is because major IT hubs of Gachibowli and Hi tech city are situated 5 and 8 km from Lingampally respectively. That's why many IT professionals are looking for cheap housing having good roads that lead to these places.
Yes you heard right. Property prices are very cheap in Lingampally. Also good road connectivity is there. That's why many investors and end users are now investing in Lingampally real estate market.