Looking for Flat/Villa

Q: Hi, Please advice for purchase and investment in a flat/villa around bachupally,nagole ect places which are not too far from airport and which do not have water problems! Budget is upto 45-50 lakhs.
Please advice what other areas are good to look at.Miyapur kondapur,hitech city seems to be very costly at the moment.

TIA

Rohit,

25th February 2016

Buying property in Bachupally, Hyderabad

investment advice in bachupally hyderabad

best locality to invest in hyderabad

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Replies (3)

Thanks for the info

Rohit,

16th April 2016

Comment

Hi Rohit,
If you are only looking for price appreciation and rental market then I consider you must invest in Begumpet vicinity. Begumpet has recently been in the news as the Telangana government has set its eyes on the 700-acre Begumpet airport. I am quite sure that price in this area will be double in next 5 yrs.

Sharan Basappa, Hyderabad

2nd March 2016

Comment

Thank you sharan!.....Shall look and scout around in these areas....lot of scope in the future for begumpet.

Rohit,

2nd March 2016

Hi Rohit,
One of the best locality of Hyderabad that has recently gained popularity is Kukatpally. And the prices here are affordable compared to HITEC City area. It is the best option to be in the vicinity. The area has large green spaces is 15 min away from HITEC City. Most of the prominent developers such as Mahindra, Cybercity, Aparna etc. are developing their premium projects. You can look at that area.

Nagesh Tudur, Hyderabad

2nd March 2016

Comment

Thank you very much Nagesh! Shall do the needful

Rohit,

2nd March 2016

Hi,
The locality of Bachupally is very close to the outer ring road (ORR). Till recently, Bachupally was considered a village surrounding the Miyapur intermediate ring road, however, rapid development has seen the birth of many gated communities in this area. Inspite of being under the administration of gram panchayat, many IT professionals have invested in this area because of the cheaper land prices and availability of many options. Due to its proximity to the IT corridor, Bachupally has witnessed a boom in real estate. The area also attracted more people due to its growing social and civic infrastructure.

Pravallika, Hyderabad

2nd March 2016