Q: Hello guys, I have to move to L B Nagar in Hyderabad with my family, and I want some information on the area. Please help me. How is this locality? Can you give me an outline of it?
L B nagar also is a part of one of the Express corridors that have been proposed recently. These express corridors a have been sanctioned by the government at busy junctions to ease the traffic. So i think the problem of traffic will also be decreased now.
But this area has a severe water scarcity problem. There is absolutely no water in the summers and the traffic is also a huge menace. There is some road widening work going on in here. I hope that it will decrease the traffic.
The market in this area has seen a steady increase since the year 2013, when it was around 2,300 per sq ft rupees per sq ft and now i think it is around 3,200 per sq ftrupees. Almost 900 rupees increase!
Hey in case you want to rent a place in L B Nagar, the price is pretty reasonable, You have the rental pirce at rs 7/ sq ft or Rs 8/ sq ft for apartments, that will come close to around 7000 rs or 8000 rs on an average.
Hey do you know that a new industrial corridor has been proposed near the L B nagar area on the Hyderabad Warangal highway? Many new companies are about to come up in this area and it is said to be the next big IT hub of Hyderabad. So I think you can image the growth of this area in a few years.
Yes, With the International Airport in close proximity and the Outer Ring Road also in thenearby area, I think this place is all see to be become the nesxt industrial hub of Hyderabad. Now will be a good time to invest in here for future gains.
L B Nagar has a good bus transport system too,. Many buses go from here to the other parts of the city and it is close to the Rajiv Gandhi Internation Airport too, which is only 25 km from here. The major bus stand in Hyderabad, the Mahatma Gandhi Bus stand is just 9 km from here,
L B Nagar will see a lot more development in the comoing years, as one of the corridors of the Hyderabad Metro Rail is coming up near L B Nagar, and all the areas that fall along this place will see an increase in real estate.
L B Nagar is located startegically and it is close the National Highway 9 and the Srisailam highway road, so there has a lot of developmemnt along this area. Also, investing here is a good option as the real estate market here will see a raise in the future.
L B Nagar is a nice area to reside in. This area is close to the other commercially developed area around like Dilsukhnagar and Kothapet. the major part of the area is in the form of apartments and there are some new projects that are coming up in here like Modi Paradise, TNRs Shakuntala, Janapriya Enclave, Alekhya towers. You can see these apartments if you are looking for a home.,
Hello, The market price in L B Nagar right now is 2,800 for apartments. It is slightly a bit more than tha average in the city. And forr residential plots, the price is 5,000 rupees or so. You can get a nice 2 bhk for 33 lakhs.
Hey L B Nagar is a major commercial location in Hyderabad with lots of shops and business people around. It is a busy place and it is a little on the outskirts of Hyderabad. L B Nagar has good residential places to stay in too and has been a developing locality from recent times..