Hi I am planning to buy a flat at nizampet bandari layout. 1215sft for 24.5 lacs including car parking. I have gone through other places but came to know water problem is at many places. And my budget is around 27lacs. Any suggestions?
Hi Hari.. I personally feel that Nizampet is one of the fastest growing suburbs around the IT corridor of Hyderabad. This area is very affordable and is pollution free. Many residential projects are coming up in this area. Right now there is some water problem, but I think in the coming year this issue will be resolved by the local authorities.
Hi, I read this thread and this is really very interesting and useful tips for properties buyer.I think this area comes under Gram Panchayat, the water distribution pipelines from the over-head tank, has not been installed by the Hyderabad Metropolitan Water Supply & Sewerage Board.
Hi as a residential of Hyderabad I would like to say that the area was once known for its ample water resources but with the advent of housing projects, surplus pressure was exerted on ground water resources which ultimately resulted in near depletion.
Yes syed, I think water problem is the severe water crisis which takes place every year between March and June. The water table is declining and bore wells have dried up. Residents here are dependent on water tankers, which are available on a daily basis but add up to monthly expenses.
Hi All, I have heard that Nizampet is facing water problems..? I am planning to buy an apartment there. Advice whether it is worth to buy property in this area?
Hi, Please tell me more about this project. How much is the rate per sqft going on?What is the status of the approvals and when is the project expected to get completed?
Hi Abdul, Few of the best option for investment in this location are as follows: 1.Vazhraa Pushpak by Vazhraa Nirmaan 2. Aditya Lagoon by Aditya Builders & Developers 3. Lake Ridge Apartments by Sai Krupa Builder.
Hi All, anyone who are interested in this localities also visits Commonfloor another forum threads. http://www.commonfloor.com/forum/54ad3be489441-locality-review-of-nizampet-in-hyderabad
Hi Abdul, Nizampet is one of the fastest growing suburbs close to Hyderabad IT hub. Nizampet area is very close to NH 9.The place is dominated with apartments and the people here are usually middle class to the upper middle class crowd.
Hi Madhu, I think property prices has fallen in the past year notwithstanding its emerge profile and rising rental demand from the migrant population witness high price in this area.