Q:
What is the status of the project and how much is the total development area? What are the types of units available here?
Latest Answer: The real estate market has particularly backed off and because of this numerous task has slowed down. This is a site where you will get the present status on any property in Bangalore and Mumbai.
Propsurf
Q:
Hello, Heard that the Hyderabad Metro realignment is going to be very expensive. How much will it cost?
Latest Answer: L and T came up to this conclusion on the cost by considering the facts such as the dismantling that must happen; of which there are 21. Apart from this there were the surveying, the soil testing, the delay caused which would all matter.
Q:
Hi, can somebody tell me some information about Afzal Gunj locality in Hyderabad since i'm planning to move there after 1 year.
Latest Answer: Hi, did you know that the Afzal Gunj is one of the oldest suburbs of Hyderabad. The famous Osmania General Hospital of Nizam era is located at Afzalgun and the famous Telangana State Central Library is also located here. Telangana High Court is also located here.
Q:
Hello guy, I am moving to Kokapet in the next few months and when I was looking for a place, my friend suggested the Legend Chimes apartments in here. I need some details on this project. Please help me eith the details.
Latest Answer: Hey this project also has approvals from various banks in case you wantto take a loan for your financial needs. Leading banks like HDFC bank. Axis bank, LIC Housing Finance, ING Vysya bank, and state bank of India have their approval of thsi project, so i am pretty sure you can get a loan from these banks
Q:
I am to get married soon but before that I want to invest in a property and I am looking at Aditya Jala Krishna. How is this place? Care to explain it? Thanks.
Latest Answer: I am planning to buy flat in from Aditya homes pvt ltd builders in JalaKrishna project.
I wanted to know reviews and past experiences of their customers with other projects like Sunshine. How good they are with flat handover and paperwork approvals etc.
Regards
Ankit
Q:
Hey, I am planning to move to Mehadipatnam with my patner in January, Can someone give me the outline of the locality?
Latest Answer: The metro rail that is coming up in Hyderabad is having a station in Mehadipatnam and this will increase the price per sq feet here. The real estate in this area will see definite development here. and if u ask me, this is the right time to invest in Mehadipatnam.
Q:
Hey, how is the area of Tarnaka in Hyderabad? I am moving there with my family and would like to know some information about that area
Latest Answer: the and rates in this area fluactuate nd change a lot! I remember them being around 3000 rupees per sq ft sometime in 2009, and they had ben a little constant till 2012. And then suddenly, the prices shot up to 5,500 ruppes per sq ft in 2013!! And now again, they have come down to 3,800.
Q:
Hey guys, i want to take up a villa in Mehdipatnam and the Devansh Signature was suggested to me by a friend. can anybody give me more details on this project? thanks!
Latest Answer: Hey his project is offering a lot of facilities like swimmin g pools, play area, intercom facility, gymnasium, tennis court, and 24 hour security. so u need not worry about the facilities at all.
Q:
Hi, is there someone who has knowledge about the Satyavani Ushodayam Green Homes apartment project that is in Hyderabad? I am from a near place of Chennai, but like to buy a flat in Hyderabad in near future. Help me guys, how is that project, is it luxurious enough? How is the price there?
Latest Answer: true, i came to know that the price of the apartments don't go too high here. The approximate price of one 2 bedroom apartment here is around Rs. 23.03 lakh and can go up to Rs. 25.14 lakh rupees. If you are looking for the 3 bedroom apartment, then the price is starting from rs 29.37 lakhs to rs. 33.27 lakhs.
Q:
Hey, I came to know about this particular project called Rajapushpa Atria. It appealed to my mind. As I was interested to buy a 2 bhk, can you share some information about this apartment with me.
Latest Answer: I got some information about the specifications of rooms and all. sharing with you: the main doors are made of teak wood, windows have very aesthetically designed with grills and mosquito mesh also including. They have a vitrified tiles for living rooms as well as dining room. For the master bedroom, they have laminated wooden flooring. The wall is also painted with good quality textured paint.
Q:
Wow guys! I have heard that the government is planning to build the world's tallest tower in Hyderabad!! Is it true?
Latest Answer: By building and getting more projecs like these, the investements in the city by various IT companies may increase. And the real estate value around that area is definetly go sky high, So from an investment point of view, that is a great idea!
Q:
Hey guys. I've been hearing that Kollur has a lot of potential for investment. I don't know much about this locality. Can anyone tell me about the real estate ventures in this area?
Latest Answer: Most of the demand in Kollur is for residential houses, then plots, then apartments
Q:
Whats the condition of all these open land spaces in Mahindra Hills guys? Any developments there, or are they just lying wasted?
Latest Answer: During night time, some contractors have been dumping debris at these open places. The sanitation dept has even asked the police to intervene, because there have been incidents in the past when the dept men have gotten beaten by such contractors in the past when they tried to stop them.
Q:
Hey I read somewhere that Lingampally is really coming up with many infra projects and now there's lots of demand for property here. Does this area have potential? Do you think investing here is a wise choice?
Latest Answer: Hi friend. I stay in Lingampally and pay only 10,000 a month for rent for a 2 bhk apartment. Prices usually range between Rs 6000 to 12000 or a little more. I think it is very good locality to live because all things like entertainment centres, restraunts, hospitals are all here.
Q:
Hey, how much do i have to pay to stamp duty for a 3bhk appartment in shadnagar ?
Latest Answer: This deduction was implemented to make sure that nobody misses on paying the stamp duty due to hihger rates. Effective from 04.12.2013, the stamp duty will be cdalculated at 4%.
Q:
Guys, who has heard of this monsoon plan in Secunderabad? I heard the authorities were trying to fix the waterlogging problems in this area. You all know anything? Like, what are they doing, what’s the status, etc?
Latest Answer: Yes I know, that department is totally useless. All that they are telling us now is that three teams have been entrusted to deal with any emergency situation when the monsoon is in full force. They will have a total of four vehicles. This is all that we, as residents of Secunderabad are going to have in case some problems arise this monsoon. Otherwise, the desiltation of the drains has been done, so that’s one good thing. The condition of the works is not good at all. The Secunderabad circle has 17 waterlogging points, out of which only 4 were fixed.
Q:
Hi I am new to Hyderabad. Is it a good idea to invest in Uppal?
Latest Answer: Hi, I am 28-years old professional and my monthly salary is Rs 40,000 and also I have some savings amount up to Rs 5 lakh. Now I am looking to invest in a property. My budget is quite low and that's why I am aware that I can only buy a small apartment probably a 1BHK unit which is ready-to-move-in. Could you suggest few locality where I can get my dream home?
Q:
Hello friends. Can someone help me out by telling me what kind of residential units are available, the project amenities and what kind of a locality this is?
Latest Answer: The site looks well connected. It might take you one or two attempts to get auto rikshaws but the place is very well surrounded with bus stops. You have bus stops all through Fort Road and Manikonda Road that are both lesser than one km away from the site. Not too far away you will also find Apollo Hospital and If you are someone who likes to walk as much as I do, you're in for a treat! There are more than 15 parks that are scattered all around the place. That also means you can expect lots of fresh air surrounding the area.
Q:
Hey people, I stayed in Shamshadbad area of Hyderabad long back, when it was literally a village. I've heard that it has developed a lot in terms of infrastructure. Anybody give me more information on this?
Latest Answer: How is the social infrastructure in this locality and what is the current price trends going on here?
Q:
Hey I am new to Madhapur and I really need some help with knowing all the diferent bus stops, railway stops and road routes in this locality. Anyone have info on this?
Latest Answer: Hey the closest airport is the Rajiv Gandhi International airport located just 21 km from Madhapur. But other airports llike Lattur and Nanded are within 200 to 250 km away from Madhapur.
Q:
Hi. I am moving to Kokapet but I don't know much about the area. I want to know nearby railway station and bus stop. Also, the good schools and hospitals close by. Is this overall a nice locality having many infrastructural facilities?
Latest Answer: Ok so the plan for this SEZ is to first acquire teams, instead of companies. So as of now, ValueLabs is focusing mainly on digital, healthcare, infrastructure services, quality assurance, business application services, marketing opps and banking. These teams will soon join the company at the offices in Kokapet, and reinforce the company.
Q:
I heard a new residential project has been launched by the Rajpushpa group just outside Hyderabad, I think in Kokapet. Any info?
Latest Answer: Hi all,
Atria, a new Height of living.
Atria is a premium high-rise residential apartment developed by Rajpushpa. It's perfectly located near the Gachibowli Financial District being close to major priorities of life. It is an iconic development comprises of 10 towers of 15 storeys each, it features built up areas from 1345-3725 sq-ft onwards and is tailored to suit every lifestyle. It offers 2/3/4 BHK and price is between Rs. 48.60-1.34 lacs.
Q:
Hello, I am moving to Kavuri Hills along with my wife and three children. We are looking for a spacious house/apartment with good ammenities. Good connectivity and proximity to schools, banks and shops are preferable. Any suggestions?
Latest Answer: Hello to you and your family. There are 3 BHK flats available for rent in Kavuri Hills. The rent starts from Rs 16,000 per month, and goes up to around Rs 40,000 per month. It depends on the quality of apartments you are looking for. Most of these apartments come with basic facilities like lift, backup generator, security, car park and water. Most of these are semi- furnished, which means you will can furnish the apartment according to your personal taste. Good luck with your search :)
Q:
How hygienic is Hi tech city in Hyderabad or is waste disposal still a major problem?
Latest Answer: I actually think that for the crazy population explosion that's occured in hitech city that there should be a lot more facilities provided for the public. Infrastructure in these areas literally grunt under the weight of so many human beings and this is evident. There are pot holes on the road, incomplete flyovers, traffic congestion, inadequate water, contaminated environment and this is all because of overpopulation. I read about other civic issues here http://www.commonfloor.com/news/hitech-city-rob-still-incomplete-41633. Growth should come with development on all fronts which is sadly not what is happening to these IT rich locations in Hyderabad.
Q:
I’m going to be investing soon in Hyderabad realty. But I recently came to know about a number of land frauds here. Is it true? How can I stay away from this kind of trouble?
Latest Answer: As a city, we should all make it a habit to take necessary precautions against such fraudulent practises. Actually these steps should be taken by the state government only. Its just some basic procedures and precautions for clearing land titles before allotting them to someone. All the other states follow these protocols, I don’t know why our state government is lacking in this department. A good idea, I think, would be to incorporate an exit clause in the land title document, in the case of controversy or evidence of fraud.
Q:
I've heard that only the posh localities in Hyderabad get uninterrupted water facilities. Does anyone know if Khairatbad has many civic issues related to water?
Latest Answer: Definitely water problem is the main civic issue but that doesn't mean there aren't others. The roads in this area are pathetic and still the civic authrorities are not lifting a finger to do anything about it. Another big problem here is land encroachments. Whether it is slums or fancy buildings, you always have to be careful that you're not infiltrating an encroached building because notices will randomly be issued and you will end up having to vacate in a span of 3 days. I think Khairatbad is a very nice peacful locality. Just these issues need to be solved and it will be best place to live in Hyderabad.
Q:
The city is facing so much problems recently, because of these illegal encroachments everywhere. What are the authorities doing about it? Any news?
Latest Answer: Well, I think what’s happening is that the GHMC are only bothered about the encroachments that are directly affecting the metro construction works. Otherwise nobody gives a damn. Few days back only during an inspection, the corporation came across a case where a resident of Punjagutta had kept iron rods on the road, blocking traffic flow. The area was near the metro construction. So he was seized immediately. But there are a lot many cases like this in other parts of the city that go by unnoticed.
Q:
Hey what is the current news on the Masi beautification project that was undertaken at Uppal? Didn't the residents who lost their land for development get some sort of compensation? And also won't the real estate in the area be affected because of this?
Latest Answer: Now the problem is that the land owners are asking for more. They want the devlopment to be for multiple land use. They're asking for property tax emempts for a certain period as well as setback construction of buildings. I'm not sure what the current agreement is now but I know that this issue isn't too major, and the utmost importance would be to focus on the development of the locality. You want a nice cheap place to invest in which definitely has potential for land appreciation in a couple of years? Then invest in Uppal! :)
Q:
Should I not invest in an apartment in Manikonda because of the buildings that were illegally built without approved Panchayat permission? Won't the real estate of the locality be affected?
Latest Answer: Manikonda really isn't all bad! Agreed, those illegal construction did drop real estate value but noy by such a huge margin also. The locality is quite good and it's affordable. You get a 1000 sq feet apartment for rs 25 to 30 lakh which is cheaper than paying rs 35 lakhs in Gachibowli or above 40 lakhs in Hi tech city! The locality has faced water shortage in the past, but the situation is much better now. Oh and it has great connectivity to other parts of the city. Just 3 km away from ORR and the Indira Gandhi flyover. 15 km or so away from the Kukatpally metro and about 8 to 15 km away from all the major IT hubs like Gachibowli and Hitech city. If you're buying an apartment there, don't just buy blindly. Check for proper documentation before signing any papers. Basic stuff and you'll be fine. :)
Q:
Hi, I am interested to invest in one of the many upcoming projects of Nagole locality in Hyderabad. I would like to know the real estate scene in the area and whether it is favorable for investment. Thanks.
Latest Answer: Hi, I think various localities which are suitable for buying residential property in current market trends:
1. Gachibowli
2. Kondapur
3. Miyapur
4. Madhapur
5. Nizampet
Q:
I recently read somewhere that the real estate of Miyapur in Hyderabad is booming and this is the right time to buy property there. Is this true? How well is the area developed?
Latest Answer: 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.
Q:
HI. I needed some details about Manjeera Residency in Jubilee Hills of Hyderabad. I know the prices, since Im in contact with the owners, but I want to know other things like amenities, locality etc. Thanks in advance
Latest Answer: Hello there... Manjeera Residency is definitely a good project to invest in for your property. If you're with family, you'll love its delightful environment. Very nature friendly. There are health facilities available along with an in-house gym. Kids have a separate play area and club house is also present for recreational purposes. There is intercom facility also, and the security and maintenance staff are well trained and trustworthy. So if you're ok with the prices, then don't wait for anything. you'll be happy with the deal.
Q:
Hi all. I am new to Hyderabad city. Am planning a move to Bachupally locality soon. My concerns are regarding the pollution in the area. Is it serious and what are the reasons behind it?
Latest Answer: Can come one help me to know current status of Bachapally pollution ? is it same before 2014, 2016 ? i am planning to buy property in Mallampet , need some suggestion please.
Q:
Hello, I am wanting to live in Mehdipatnam but am not very sure about the locality as I am new to the Hyderabad city. Please provide me with useful insights on the amenities, surrounding, transport and facilities of the area. Thankyou.
Latest Answer: Along with the information provided above, Mehdipatnam also has very well connected means of transport. This includes the longest flyover in India which is expected to connect the locality to Shamsabad over a stretch of 14 km. The new airport for Hyderabad is coming up in Shamsabad so this will make commute to and fro very hassle-free. Being filled with many large shopping malls and also shops, Mehdipatnam has actually become the centre for shopping for surrounding areas like Pedda Mangalaram, Chinna Mangalaram, Narsigi, Chevella, Moinabad, Chilkur. In conclusin I think Mehdipatnam will offer many benefits if you want to live there go ahead.
Q:
Hello all, I am looking to relocate to Patancheru because of my job. I want to know all the pros and cons of the locality and if there are any good schools in the area.
Latest Answer: Hello, as most of the points I wanted to say have already been covered by other answers here, I would just say that there are a lot of well-reputed schools and colleges in the area. This includes Manjeera Public School located in Shantinagar, Sri Sai public schol in Srinagar, sishu vihar high school in shantinagar, Saraswati shidhu mandir, sri venkateswara high school on JP colony mainr oad and Zilla Parishad school. These will be not just great places to admission your children for education but also close by to residentail propeties too.
Q:
Hello. I want to move from Kokatpally to Amsri Palm Meadows in Maheshwaram district of Hyderabad. I think the place is quite nice, but would like more information on the project and locality as I am new to Maheshwaram.
Latest Answer: Hi, Amsri Palm Meadows is situated in the upmarket area of Maheshwaram in Hyderabad, which is a convenient location if you travel a lot. With the airport being so close, Amsri is in a truly prime location with many facilities all around. The villas are large and come in 2 or 3 BHK, while the prices have not been disclosed by the builders yet. Overall, it is a great place to move to because the amenities are plenty and the villas are furnished well for your convenience. In conclusion I think amsri Palm meadows is a good option to shift to with your family.
Q:
Hi, I want to invest in Janapriya Silver crest in Sainikpuri. Can anyone provide details about this project, builder’s reputation, are development etc.
Latest Answer: There is hardly any information available about the project in this thread, Please share information related to the project.
Q:
Hi all peoples, myself am looking to shift myself with family to a good residence close by to Secunderabad, preferably a luxury apartments. I have come across Greenwoods at one time but am needing more insights on the residential property
Latest Answer: Hello sir, it would be a good idea to go ahead with Greenwoods luxury Villas as an ideal option to move in to. The villa cluster is located in the upmarket section of the Secunderabad section of Hyderabad, and is close in proximity to all important places in the area. Plus, there is wonderful amenities avaialable in the villas and you can have a pleasnt and peaceful life. Moreover, the builders of the project are none other than the well-known Modi Builders & Realtors Pvt Ltd. The villas is not only ready for possession but also offering a great price for occupancy. Please look into it, you will not be disappointed.
Q:
Hey, I own a 3 BHK of 3015 sq.ft in Trendset Winz at Nanakramguda. I wanted to know if I should sell this apartment and reinvest in properties somewhere near Gachibowli, madhapur or should I hold on to this one and expect further appreciation in the property prices in Nanakramguda.
Latest Answer: I agree that Trendset winz is a great property, but don’t you think investing in areas like Gachibowli, Hitec city, Madhapur etc might be more beneficial not just in terms of future capital appreciation but also because of the great social life one can enjoy in these areas, with every all types of facilities, hospitals, malls etc abundant in these areas. If your reason to move from nanakramguda is to have a more lively surrounding, then I would say you can definitely find a great apartment within a 2 crore budget in the prime areas. Can somene who has invested or looking to invest in these areas help with more information?
Q:
I have been doing a lot of research these days about completed and upcoming projects in north-west region of Hyderabad. I see a lot of projects coming up in Kukatpally. But, I’m not sure about the status of the metro construction in the area. Can someone help me with any updates on the metro construction and its impact in the area?
Latest Answer: I agree that metro construction might seem like a bad thing to the current residents who have to jolt through long queues of traffic everyday along the Kukatpally road. But, it is important to look at the bright side, investing in Kukatpally at this time is ideal. If you are planning to invest in a ready to move in property, I suggest you bear the traffic for a year or two more, because the metro-rail would definitely shoot up property prices in Kukatpally. The announcement of the division of state into Telangana is said to have accelerated the metro construction, and will result in an increase in real-estate prices in Kukatpally.
Q:
Hello, I am planning to move to Hyderabad in a couple of months. I wish to invest in a gated community villa project, preferably away from the everyday city bustle. Please list out the best projects, builders and localities to invest in.
Latest Answer: I think it’s a great choice to go for villas instead of apartments. It is advantageous to own a villa than an apartment due to the added benefit of not just owning a house but the land also. Hyderabad has some great investment opportunities when it comes to villa. I recently stumbled across Elite Villas, located in Kollur. From a locality perspective Kollur offers a secluded yet a well-balanced lifestyle. These villas have a built-up area of over 2215 sq. ft making them spacious and extremely comfortable. However, I couldn’t get my hands on the pricing of these villas; it would be great if someone can let me know about the pricing.
Q:
My husband plans to invest in real estate. He’s gotten it in his head that Bachupally is a good locality to make an investment. I don’t know much about the area, but I need to so that I can help him make the right decision. Please help!
Latest Answer: I want feed back from people who are residing in this locality as what are the problems they are facing.
Q:
Hello people. Me and my hubby are planning to get a classy residence in My Home Vihnaga. Oh my God, I’m so excited! Someone PLEASE tell me more about this place!
Latest Answer: hello there my self syed. we are deal in all kind of mosquito mesh work .Like a Upvc sliding, Main door, Utility area window We had done so many flats in my home vihanga. you can contact us at 9502892662
Q:
Hi people! Can someone tell me more about the present condition of the real estate sector in Hyderabad? Also do run me by some of the good localities that I can look at for buying a good apartment in a well-maintained society.
Latest Answer: Hey there. As is seen all over India, even Hyderabad faces the trend of citizens slowly moving into apartments from independent houses. You can avail of good flats in excellent societies for a much cheaper price if you don’t mind staying a bit away from the city. Hyderabad is a rapidly expanding city, and surrounding villages have started turning into suburbs that residents prefer because of the free space and the clean air. You can check out flats in a locality like Medchal, which is slowly turning into an all-providing suburb. Kondapur and Shamirpet are also some other choices which offer good apartments for relatively cheaper prices.
Q:
The real estate in Hyderabad is one of the best in the country, and I’m planning to invest in it. What are the latest developments in the Hyderabad real estate sector and how will they be affecting future developments?
Latest Answer: I agree with you,Govind. Hyderabad real estate offers some of the best properties that you can lay your hands on in India. However, in recent times, the real estate sector in the city has taken a nasty beating from its political cousin. But even in such turbulent times, the foundation stone was laid for a new Animation and Gaming park that soon going to be developed in Hyderabad. This park is to be located over an expanse of over 30 acres, and is part of the ambitious Information Technology Investment Region. The future development in at least this part of town, namely Rayadurg, is going to be steady as per my knowledge.
Q:
Hey there guys. Can somebody enlighten me on the project details regarding the new Namaha Rhythm in Miyapur? My family is interested in getting a place over there and any info would prove very helpful for me.
Latest Answer: Hey there. One of my family members has gone on to look at Namaha Rhythm in his search for greener pastures. He’s gone through the brochure extensively and was quite impressed. The villas are being built in a huge expanse of 12 acres, which is soon to be transformed into a gated community. Security in this place is topnotch with CCTV cameras being installed at regular locations throughout. A kids play area, swimming pool, and clubhouse are planned on being constructed as well to facilitate all the recreational needs of residents. It’s definitely a place worth checking out if you’re planning to move to that part of town.
Q:
I’m relocating to Hyderabad and so I’m thinking about my options in terms of localities there that would be right for me. I’m really keen on Gachibowli, from what my friends in Hyderabad have said. But can anyone give me a review of this locality? What’s the nature of the locality, how much money would I be spending on a studio or 2 BHK apartment, is the locality right for a youngster, etc.? Looking forward to hearing from you all.
Latest Answer: What is the average buying price in this locality and what about the rental in this locality?
Q:
I’m thinking of buying a property in the Prajay Virgin County that is based at Maheshwaram. Can someone tell me what the present rate scenes are,, and whether it’s worth it?
Latest Answer: Why just apartments, you can also go for a villa. Instead of a 3BHK apartment, if you wish to go for a 3 BHK villa, you’ll have to pay INR 2,050 per sq. ft. as well. Considering the villas are 1,627 sq. ft. each, they would cost you around INR 33.67L each, which is a little more than what you would pay for the apartment. Prajay Virgin County has the HMDA approval, along with the Leading Housing Finance bank approval. The maintenance staff is very efficient, and the area is safe and secure.
Q:
I was looking at properties in Hyderabad the other day and I came across the Muppa’s Green Grandeur project. I’m considering investing in real estate. Can anyone give me further information regarding the price and area details of the available apartments in this project?
Latest Answer: Are there any owner's in this discussion, who have purchased flats in Muppa's Green Grandeur
Q:
How much will it cost to buy a 2BHK apartment in Amsri Flora NCB in Kondapur, Hyderabad?
Latest Answer: A 2BHK apartment at Amsri Flora NCB has floor area of 1268 sq.ft. The going rate per sq.ft. in Kondapur is Rs. 2800 per sq.ft. You can buy the apartment for Rs. 35.26 lakhs. The apartment is located in a very good locality of Hyderabad. There are many broad roads near the apartment complex, and hospitals, and colleges are very close to the apartments. The Kondapur area has many shopping complexes, and schools, and is very close to the IT area of the city
Q:
How is the development of HITEC City influencing the real estate market in Hyderabad? I’m considering buying property in the surrounding areas like Manikonda, Gachibowli, Madhapur, and Nanakramguda
Latest Answer: Hey, I think it is a good idea to invest in property in any of those areas. The prices of the apartments in Madhapur and Nanak Ram Guda are a bit on the high side. The average square foot price in Madhapur is Rs. 4764 and in Nanak Ram Guda it is Rs 5000.
Other localities like Gachibowli, Manikonda or Kukatpally are slightly cheaper and more affordable. The average square foot price of apartments in these areas is around Rs. 3000.
Extremely cheap apartments are hard to find around the HITEC City, but you can always charge an appropriate rent to make up for the amount that you invest in the property
Q:
How much will buying a 2BHK apartment in the Luxor Apartments cost me?
Latest Answer: The asking price of the Luxor Apartments in Kondapur is Rs 3390 per square foot, the area of the apartments range between 1040 to 1600 square feet. The price can actually be negotiated down to Rs 2900 per square foot. The east facing apartments will cost you Rs 50 more on your square foot price.
The apartments will be available for possession from December 2014. I’ve heard that the project has already been approved by HDFC, PNB and SBI, so home loans won’t be a problem
Q:
How will the construction of Metro rail in Hyderabad influence the real estate market in important areas like Miyapur, Falaknuma, Shilparmam, and Nagole?
Latest Answer: Hey, these three routes are interconnected. So you can change your line depending on your starting point and your destination. Corridor I meets Corridor II at M.G. bus stand. So if you want to go to Gandhi Hospital from L.B. Nagar, then you can take the Line I from L.B. Nagar till M.G. bus stand and then change over to the Line II and reach Gandhi Hospital.
In the same way, Corridor I intersects with Corridor III at Ameerpet and Corridor II intersects with Corridor III at Parade Grounds.
Since the commuting issues will be solved to some extent, there will be rush to buy real estate near any of these metro stations, especially stops like Falaknuma, Mettugoda, Miyapur, Nagole, as these are key areas of the city
