Need suggestion to buy a property in medchal athvelly village.

Q: Hi, I am looking to buy a property in medchal athvelly village. It is an individual house and the plan is approved by medchal panchayat but not having HMDA Approval. When asked about the same builder is telling HMDA approval is not neccesary for that as the project is on 6 acres land. and the same is required if only land is more than 10 acres. I need the suggestion for buying the property and also whether to buy or not. With all other things, I am preity much satisfied.

vijay,

7th July 2015

Buying property in Medchal, Hyderabad

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I have a 300 sq. yards plot in Athvelly, Medchal next to Hi-Tech Modern School. Please advise what is the market rate per square yard.

Ajay Uppal, Delhi

9th October 2018

Comment

One agent is saying 18000/sq.yard and another one is saying 15000/yard...Is there any another agent who can give realistic price for this big size plot in one of the posh areas of Athvelly close to top schools and Badminton hall.

Ajay Uppal, Delhi

9th October 2018

Hi Ajay I am interested in buying plot in Athvelly based on the plot facing the price will be vary, you tell your last offering price call me on 9989678588

Hari Prasad, Apartment Resident

27th December 2018

Hi all, i am owner of plot in ag office cooperative housing society venture in athvel village. This venture is just adjacent to national highway. This is HMDA layout and 13th venture of society. All ventures are highly appreciated. If anybody wants Contact me 8501800059.

Srinivas Gudipalli,

17th May 2018

Comment

Srinivas , What is asking price ?

Tim Werner,

8th August 2019

Is Jayadarshini town ship lay out in Medchel is approved by HMDA GHMC Panchayat....I came to know it has only Panchayat approval.Will it be any problem in future.

simha, Sibsagar

16th April 2017

Comment

Please any one guide me about having panchayat approvals and not having HMDA approval and its complications in future.

vijay,

8th July 2015

Comment

Project layout is approved by different authorities like Hyderabad Metropolitan Development Authority (HMDA), Directorate of Town and Country Planning and Gram Panchayat. Projects that fall outside the limit of HMDA are approved by Gram Panchayat. A project approved by HMDA must have 50 percent of the plotted area, 20 percent road area and 30 per cent space for amenities and park. Internal roads must be 40 to 60 feet wide. Gram Panchayat does not have any such mandates.

Ramya Janagam, Hyderabad

15th July 2015

I have already identified a property. It is an individual house and the plan is on 6 acre land and approved by medchal panchayat but not having HMDA Approval. I need suggestion on this.

vijay,

8th July 2015

Comment

Hi all, I am also searching properties in this area and I came across one of the good project Jayadarsini Township by Jayadarsini Housing Private Limited. The project is quite close to the central bus-station, Medchal 3 km away.

Verma, Hyderabad

8th July 2015

Comment

Srinivas Gudipalli,

17th May 2018

Hi this is srinivas gudipalli, please do not contact me for plot, as I am not interested to sell my plot now

Srinivas,

27th September 2019

Hi, I think you have to search some more project in this location before buying property. Medchal is village area and it come under GHMC boundaries. Also, you can find price trends from this link:https://www.commonfloor.com/medchal-hyderabad/lvp-63escj

Dhananjay, Hyderabad

8th July 2015

Comment

Hi Vijay, As per my observation currently the price trends in this area is approx 7000 to 7300 per sq yard. In coming 3 to 4 yrs Medchal becomes prime residential locality due to well connected with the other parts of the city. It is well connected by train, buses and public transports. School, bank, ATM and hospital are available nearby the locality.

Pravallika, Hyderabad

8th July 2015

Comment

Property prices are in the region 18000/sq.yard now even in Athvelly village.

Ajay Uppal, Delhi

9th October 2018

Hi Vijay, Medhcal is a little away from the city, but it is an upcoming area in terms of real estate development. Medchal was a village and now it has been added to the GHMC boundaries. Due to the establishment of the MediCity Medical college and Santa Boitechnics, this area has recently gained demand. The area has all the basic necessities that are required to live comfortably.

Ramya Janagam, Hyderabad

8th July 2015

Comment

Hi Ramya, I think the government has recently proposed some express corridors around the city and they are being built to reduce the traffic around the city. I have heard that one of these express corridors is coming up near Medchal, It is said to be coming from the Outer Ring Road Junction to the Medchal junction. So I think this will increase the land price around here.

Ramesh Hegde, Hyderabad

8th July 2015

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