Q:Can someone tell me whether Shamshabad is a prime locality having real estate potential? Does the area have good infrastructure and civic facilities?
Latest Answer: Yeah also because Shamshabad comes under the purview of GO 111 Bio-conservation of Catchment Area, no home loans are sanctioned to the residents. They should at least get the same water and electricity tax for the next 10 years to compensate for this major drawback. The entire Gachibowli to Shamshabad stretch is ideal for real estate. The road also has good connectivity to other parts of the city. But prices for a villa in Gachibowli is 2000 rupees more expensive than Shamshabad and this is mainly because of the presence of a number of IT companies in Gachibowli. Also, Gachibolwi has well built roads, hospitals, schools etc. Property prices are going to increase further with the classification of Special Economic Zones in this area. So yes, the locality has a lot of potential and if you have a cheaper budget, then it makes sense for you to invest in Shamshabad! :)
