Manikonda is also another good area where the house owners are geeting good profits from the rent. the rental price in this place has also gone up in the past few months.
Yeah, people who are not able to get good houses in gachibowli are now movig towards madhapur and nallagandla as there is a wide variety of option avaiable ther.
Among these areas, madhapur also is a very good area aftergachibowli... it offers good connectivity,, and also has decently priced houses for the professionals i working in the city.
Yes yes, many people are also looking to invest in thse areas now,,, I expect this would be the correct time to invest in the western side of hyderabad, you can get goood return in the fiture.
Home owners and property owners in these areas are really happy now with these increase in prices, they are profiting a lot due to th increase in price.
Kukatpally is one of the biggest residential areas, and also the hyderabd metro rail is coming up ove there... many real estate experts say that now due to the hyderabad metro rail, the prices of property along the HMR will go up in the future.
The IT corridor being close to these areas, many wroking professional are kmoving towards these areas nowadays, which is why the rent is going up in and around are like these.
Nallagandla also has good shops, markets, banks and hospitals have come up in the area and consequently a rise in rental values. The area is accessible from the old Mumbai Highway, which also connects it to NH9. Another major advantage is that the MMTS Lingampally station is closeby.
Yeah but families have not warmed up to the idea of opting for Nallagandla because of its still emerging infrastructure, the locality is popular among single professionals who find low rents and easy commute worth the little long travel to their offices.
Actually the area of Nallagandla can be the next real estate hub of the city.. difference of rents up to Rs 4,000 per month between Nallagandla and kukatpally localities could have worked in Nallagandla's favour.
Yeah actually, in comparison to near competitors in terms of location advantage such as Hitec City, Kondapur, Madhapur and Gachibowli, pricing points in Kukatpally is still reasonable.
Kukatpally is a very nice area to live in.. Its no surprise that the rental value ha sincreased here. It has well planned layouts, gated communities that fit their lifestyle, shopping malls for quick hangouts and other such reasons perhaps led to Kukatpally taking the lead, explains AV Narayana of Ramsree Homes, a broker firm.
In these localities, Madhapur and kukatpally are very well developed. but the area of, Nallagandla is driven by the spillover demand from Gachibowli and is hoping to replicate the success story of its neighbour.
Areas in the western IT belt of the city continued to dominate and drive the realty market with localities such as Kukatpally, Madhapur and Nallagandla recording the highest rental appreciation
Hey, yes i think this will be a good time to invest in Hyderabad. Close to 61% of the localities in the city recorded a rise in rental values.Thanks to new investments, government initiatives, talk about upcoming metro and road infrastructure and perhaps the stability in the state.