Lakshmi Lake Nestars

By: Lakshmi Constructions in Miyapur

Introduction: Lakshmi Lake Nestars, is a sprawling luxury enclave of magnificent Apartments in Hyderabad, elevating the contemporary lifestyle. These Residential Apartments in Hyderabad offers you the kind of life that rejuvenates you, the one that inspires you to live life to the fullest. Lakshmi Lake Nestars by Lakshmi Constructions in Miyapur is meticulously designed with unbound convenience & the best of amenities and are an effortless blend of modernity and elegance. The builders of Lakshmi Lake Nestars understands the aesthetics of a perfectly harmonious space called ‘Home’, that is why the floor plan of Lakshmi Lake Nestars offers unique blend of spacious as well as well-ventilated rooms. Lakshmi Lake Nestars offers 2 BHK, 3 BHK and 4 BHK luxurious Apartments in Hyderabad. The master plan of Lakshmi Lake Nestars comprises of unique design that affirms a world-class lifestyle and a prestigious accommodation in Apartments in Hyderabad.

Amenities: The amenities in Lakshmi Lake Nestars comprises of Landscaped Garden, Indoor Games, Swimming Pool, Gymnasium, Play Area, Intercom, Rain Water Harvesting, Club House, Library, Cafeteria, Gated community, 24Hr Backup Electricity, Multi-purpose Hall and Security.

Location Advantage: Location of Lakshmi Lake Nestars is a major plus for buyers looking to invest in property in Hyderabad. It is one of the most prestigious address of Hyderabad with many facilities and utilities nearby Miyapur .

Address: The address of Lakshmi Lake Nestars is Miyapur, Hyderabad, Telangana, INDIA.

Bank and Legal Approvals: Bank and legal approvals of Lakshmi Lake Nestars comprises of HDFC Bank, Axis Bank, LIC Housing Finance Ltd, State Bank of India and ICICI Bank, GHMC Approved and HMDA.

Overview :

Hyderabad is one of the best-known cities in South India. In this sprawling urban city, numerous localities have sprung up in the outer-pockets that aim to provide relief from the disadvantages commonly faced by Hyderabadi residents due to rapid urbanization. Miyapur is one such place, which belongs to this rapidly growing urbanized segment, and is located towards the northwest of Hyderabad.
Miyapur was once-upon-a-time a village but today, it is one of the busiest areas in the GHMC limits that boast of multiple, industrial facilities for sectors such as IT, pharmaceuticals, and apparel. This r locality comes under the jurisdiction of the Greater Hyderabad Municipal Corporation (GHMC) and is a bustling area with more than 40,000 residents. Ameenpur, Nizampet, Chanda Nagar, Kukatpally, Bachupally, Serilingampally, Nallagandla, Patancheru, Tellapur, Kondapur, Gachibowli, HITEC City are some of the prominent localities situated close to Miyapur.  Although an industrial hub, this area is generously equipped with a number of residential zones, which are in turn connected to education hubs. The demand for real estate in this prime region is at an all-time high. Some of the key residential projects in Miyapur are Avantika Vasista, RDB Coconut Grove, Namaha Rhythm, Raghavendra's Mirra Panchajanya, KSR Togetherments, YSK Akash Lake View among others.


Connectivity and Transit Points:
Miyapur, as a location, has been strategically placed by the GHMC and the HMDA on the busy National Highway (NH) 9. This allows this area to be conveniently accessed by road from different cities. The Hyderabad Metropolitan Development Authority (HMDA) directs the urban planning and development of Miyapur. Local transportation is pain-free with the help of numerous auto-rickshaws that one can be hired and the RTC buses.
The Multi-Modal Transit Station (MMTS) station, situated 2 km away in nearby Hafeezpet, is an added advantage that offers long-distance, intra-city transportation. Additionally, locals can also commute to the Rajiv Gandhi International Airport for travel by airplane, which is located close to 40 km from Miyapur and is well connected by road. The long-awaited Hyderabad Metro Rail (HMR) project plans to connect Miyapur with the farthest ends of the city, with foundation-work for the construction has already begun.
For those who seek a more comfortable and personal mode of intra-city transportation, a number of taxicab services are available in this locality. Numerous private, as well as public interstate-bus operators heading to Mumbai, are a common sight on the lively NH 9, and any person seeking to travel from Hyderabad to Maharashtra usually needs to board their bus from Miyapur.


Factor for Growth in the Past:
Miyapur has been developed in a different way from most of the other prime areas in Hyderabad. One of the recently urbanized parts of Hyderabad, this locality has become home to numerous industrial facilities and establishments that belong to different sectors. The local population, which previously subsisted on agriculture as the primary means of livelihood, is rapidlgt, flats for rent in Miyapur gets its proposed tenants.
The well-thought-out placement of Miyapur on the NH 9 has allowed it to be accessible in a major way. Since Maharashtra is a neighboring state that is frequently visited by people from Hyderabad, this area is a major hub for the local, interstate bus transport facilities that are headed towards Mumbai. The surrounding areas of Patancheru and Kukatpally are known for their industrial establishments as well.
The industrial growth of this area has been catalyzed by the rapid proliferation of schools, hospitals, and shopping complexes, which have all been constructed for the residents of the area.

Factors for Growth in the Future:
Miyapur is yet to see the technological prowess of the Hyderabad Metro Rail (HMR), which once laid out, will conveniently connect this locality to the farthest reaches of the city. This phase of the Metro aims to connect Miyapur to the central parts of the city through the surrounding areas of Kukatpally, Gachibowli, Madhapur, etc.One of this locality’s other highlights, in terms of upcoming projects, is the Inter-City Bus Terminal (ICBT). This bus terminus is owned by the HDMA, which plans to make it one of India’s biggest terminals with the inclusion of a whopping 200 bus bays. This bus terminus, located 2 km from the upcoming Metro station and 4 km from the Outer Ring Road (ORR), is situated on an expansive area of 55 acres. With a total project cost of nearly Rs. 100 crore, this terminus aims to accommodate as many as a 1000 buses any time of the day.
Residents or prospective residents of Miyapur concerned with environmental pollution can heave a sigh of relief after knowing that the Government plans to construct a biodiversity park. This biodiversity park is planned to be established in Mayuri Colony, which is a part of Miyapur. Following the lead of other developed nations; the feature of Transit-Oriented Development (TOD) is soon going to be implemented around the Metro station in Miyapur. It is simply a locality with much potential, some of which is already showing.
 

Residential Market Trends:
The residential market scenario in Miyapur is undergoing a rapid change from traditionally owned, independent houses to multi-storeyed apartments that offer various amenities. However, an individual can still prefer to buy his/her own empty plot and then proceed to construct his/her dream home on it, in the more sparsely populated sections of this locality. There are still a number of empty plots available for purchase in this part of Hyderabad, and prospective buyers need to quicken their pace if they intend to buy any because of the increasing shortage of free space in the area.
Depending upon the location of the plot, the land parcel can cost anywhere from Rs 7,000 per sq. yard to Rs 15,000 per sq. yard. For people who prefer renting apartments to buying independent houses, Miyapur offers a bounty of safe and secure apartments that can be rented monthly for a nominal sum of Rs 15 to Rs 20 per sq. ft. People looking to buy flats or apartments in Miyapur, on the other hand, can expect to shell out anywhere from Rs 1,500 per sq. ft. to Rs. 4,000 per sq. ft.


Commercial Market Trends:
Commercial market pockets cover sizeable portions of Miyapur as a whole, and their growth is in turn accelerated by the constant arrival of more residents. The stretch of Miyapur along the NH 9 plays host to a large number of commercial structures that include shopping complexes, movie theatres, and office space. Commercial office space in Miyapur is suitably priced with a square yard costing anywhere between Rs. 4,000 to Rs. 10,000 depending upon the exact location of the structure and its proximity to nearby landmarks. This locality is home to some of the most prominent organizations in Hyderabad including Dr. Reddy’s Laboratories Ltd., Tresor, and DTDC.


Major Challenges:
The encroachment of the Miyapur cheruvu (lake) is one that poses an environmental hazard to the locality. Pollution related to pharmaceutical wastage is one of the other challenges that Miyapur needs to overcome. The quickly depleting tree cover is causing the infamous Hyderabadi heat to become all the more unbearable, and reforestation is a strategy that needs to be effectively implemented in this area.

Because of the ever-developing nature of this locality, some of the roads have been constructed less diligently than others, leading to bothersome potholes and bumpy surfaces. The traffic department is slowly trying to ease up the traffic congestion frequently seen around the Miyapur Roads, with the help of certain preventive measures such as signboards and barricades. Though Miyapur is a large area, the number of fire stations available in case of emergencies is still inadequate.