Madinaguda is attracting a lot of attention in terms of investements and real estate nowadays due to its proximity to the hi tech city area and also there is a growing pharma sector here, that has dr. Reddy's labs and Aurobindo Pharma Ltd. Investing here can be very profitable.
See, if you want to invest in Madinaguda, then this is the best time to do so.. Because the Metro rail is about to come up here and the real estate prices are said to go up in the area and you can get very good returns from it in the future as it is expected to have a lot of development.
Yep, the rent price in this area are also pretty fetching. A good 3 bhk flat in this area could fetch you a rent of around 13,000- 15,000 rupees per month! A 3 bhk independent house can get you a rent of 18,000 rupees!
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Hey Madinaguda is a nice location which has everything nearby, good hospitals like Raja hospitals and Praanam hospital and schools like Bhavans and Vignan global school and lots of commercial space around . Also, it falls on the Mumbai highway, making it a prime location in the heart of the city.
Hey, It is a very good idea to invest in Madinaguda. The area is going strong in terms of real estate and many plots and residential apartment projects like Janapriya Nile and Bliss meadows are coming up there. This area is pretty close to Madhapur industrial area, that is around 10 kms away. and many people working in the financial district are looking for properties nearby. So it is a nice place to invest!
Madinaguda offers property ranging from rs 2800 - 4000 per sqft, which is less as compared to the other localities like Hi-tech city and Gachibowli around. So if you want property at an affordable price, then Madinaguda is a good option. You can get a proper property for around 30 lakhs- 50 lakhs.