High demand for property in Nagole?

Q: Hey. Someone told me that Nagole is currently witnessing a very high demand for property. Especially residnetial property. I actually recently acquired property in nagole and was wondering what best to do with it. What would give me maximum returns. And I was wondering if renting an aprtment in this locality is a good idea? Also how is Nagole to live in? Does it have good infra facilities?

Siddarth Mamanthur, Hyderabad

10th September 2014

Real estate News in Hyderabad

real estate news hyderabad

realty update hyderabad

real estate nagole

property nagole

affordable property nagole

high demand nagole

residential property nagole

property prices nagole

price trends nagole

locality review nagole

about nagole

nagole information

metro nagaole

phase 1 nagole

Follow Discussion

Also see discussions for

Hyderabad Real estate News Real estate News in Hyderabad

Replies (9)

Value for residential plots vary between 18k and 20k per square feet. Rent values range from 6 to 8 k per month for a 2bhk. And 8 to 10k for a 3bhk. Best of luck!

Medha Mammidipuddi, Hyderabad

10th September 2014

Comment

Of late many of my friends living in L B Nagar and Dilsukhnagar have shifted to Nagole because they want to benefit from metro connectivity to get to their work. There is high influx of those wanting to rent properties as well as purchase in Nagole.

Ashok Kolluru, Hyderabad

10th September 2014

Comment

Even the apartments in nagole have witnessed major price increase by 25 to 50% in the capital values of these multi storey apartments.

Shilpa Vydyula, Hyderabad

10th September 2014

Comment

Even in 1 years time, that is possible. Once metro work is finished, price appreciation will be very high. Currently I think rates for multi storey apartments vary between 3k to 6k per square feet. That is quite high itself.

Aamir Mirza, Hyderabad

10th September 2014

Comment

Nagole in general is a very well developed locaity. It has 2 lakes in it including Nagole lake. Then it has good access to roads like inner ring road, and Bandlaguda road. And of course public transport services are in plenty.

Apsara Ivaturi, Hyderabad

10th September 2014

Comment

Yes everyone is saying it is the right time to invest in property in nagole as in 2 or 3 years time, one can expect price appretiation rates of a full 100%.

Kamat Reddy, Hyderabad

10th September 2014

Comment

Nagole is actually part of the 1st phase of the metro project which connects Nagole to Miyapur. It takes more than an hour to reach Miyapur, Hitech city or Mehdipatnam by road. With the new metro it will take only 10 to 20 minutes. That's why many people want to move closer to metro project.

Nakul Rao, Hyderabad

10th September 2014

Comment

This metro completion of the first phase was supposed to happen sometime mid this year. But still has not been completed. It is almost done though. Very close to completion.

Ashwin Aysola, Hyderabad

10th September 2014

Comment

Yeah because of the upcoming metro, now there is huge demand for residential housing in Nagole. Also it is located in between the 2 commercial hubs of Uppal and MP Nagar in Hyd.

Raghav Karra, Hyderabad

10th September 2014

Comment