Top 5 areas in Hyderabad to purchase a plot

Many investors prefer to invest in land because they have a better possibility of earning a larger income over the medium to long term. In this post, we will discuss the best areas in Hyderabad to invest in plots. But first, let’s look at why investing in planned developments could be a good idea.

Price growth from plot investment

A plot, as opposed to flats or villas, may provide better profits in the medium to long term. One of the requirements for a strong appreciation is that the investment is in a strategic position. There are higher possibilities of assuring strong returns on investment if there are several signs for prospective development in a certain region.

Starting point for investing in plot

Plots are very inexpensive when compared to other forms of property. It is dependent on the size of the land and its precise location. The good news is that if you are a youthful buyer, investing early in the growth cycle of a specific region may be profitable.

The most important factor to consider when investing in plots is that the investment be in a strategic location. Avoid being swayed by cheaper entry points or higher appreciation. Your investment will only be successful if you have a good understanding of the market. The top five places to consider when investing in plots in Hyderabad in 2021 are as follows.

Narsingi plots for sale

One of the finest aspects of Narsingi is its proximity to the job centres of Hitec City and Gachibowli. If you are a professional who works in one of these areas or in regions nearby, Narsingi may be a suitable alternative for you. Before you invest, be sure there is enough water.

Narsingi has a plentiful supply of plots ranging in price from Rs 3 lakhs to Rs 6 crores. According to current postings, sizes range from 1,800 to 8,500 square feet.

Chandanagar plots for sale

Chandanagar is strategically positioned along NH-65 in north-west Hyderabad, near to Miyapur, Lingampally, BHEL township, and Hafeezpet. Those looking for a good deal on a house generally look in this neighbourhood. Chandanagar is a mature market with excellent access via the national highway, the Chandanagar railway station, and the Miyapur metro station. It is also near to the Gachibowli and Hitec City commercial districts. However, you must exercise caution while selecting a property because a lot of unlawful developments have also sprouted up.

Plots in Chandanagar start from Rs 6 lakhs and may reach up to Rs 2.25 crores, depending on the size of the plot, precise location, degree of development, facilities, and so on.

Manikonda plots for sale

Because of the abundance of IT/ITes firms in the region, it is an ideal location for individuals working in these fields. Investing in plots in this region is a sensible option, considering the area’s various infrastructural improvements, such as the Nehru Outer Ring Road and its subsequent link to Hitec City, the airport, the Games Village, and more. Because of the presence of several schools, Manikonda is becoming increasingly popular among families. Rental housing has also been growing in popularity. Plot costs range from Rs 5 lakhs to Rs 7 crores, depending on availability, plot size, development type, and so on.

Kompally plots for sale

Kompally benefits from its proximity to the Outer Ring Road (ORR). It is also conveniently located near the airport and train station. In the next years, connection may be improved, resulting in a better link between Gachibowli and Shamshabad. Residents of Kompally also have access to nearby hospitals, educational institutions, and retail centres. In short, people who consider Kompally have an easy existence. Those working in Begumpet, Banjara Hills, and Hitec City may be interested in this location as well.

A plot of 2,000 square feet may start at Rs 36 lakhs, while larger property parcels may cost up to Rs 13 crores.

Shadnagar plots for sale

Shadnagar has inexpensive homes, and while transportation isn’t the finest, the neighbourhood is steadily developing. Shadnagar is linked to other key areas through the ORR and NH-44. In comparison to other areas, Shadnagar provides a wide range of options. Shadnagar has about 500 plots for sale. Plots in Shadnagar range in price from Rs 1.8 lakhs to Rs 8 crores.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.