High investments at Gachibowli to Shamshabad
Hyderabad- The stretch between Gachibowli to Shamshabad is becoming an investment hotspot. The complete stretch has become one of the most preferred localities for real estate development.
The Rajiv Gandhi International Airport is adding more value to this stretch. Several developments are in queue at this stretch. For example; establishment of Tata’s Aerospace unit and several industries are coming up in this area. This stretch also offers good connectivity to other parts of the city. It also has great potential for commercial and civic infrastructure growth.
The plots available between Gachibowli to Shamshabad are available in size of 4000 sq ft to 5000 sq ft. The cost of these plots falls between Rs 3000 to Rs 5000 per sq yd. This cost varies from location to location. Prices of properties towards Gachibowli are higher as compared to those which are towards Shamshabad. For example; villas near Shamshabad costs around Rs 2.5 to 3 crore while those towards Gachibowli costs around Rs 3.5 crore to Rs 4 crore.
This difference in property value is because Gachibowli is a major IT suburb of Hyderabad city which is situated just five km away from Hitech City. Gachibolwi has well built roads, hospitals, schools etc.
According to the developers Shamshabad is highly preferred area for NRI people as here properties are available at affordable price with high return on investment (ROI).
Some realtors feel that the property prices in this stretch may appreciate by 15 to 2 5 percent in the coming year. They expect that the development of Special Economic Zones (SEZ) in this region will surely affect the property prices and demand tremendously. Some of the prominent developers who are coming up with their projects here are Suvarna City IV by Suvarna Bhuvi Developers, Keerthi Richmond Villa by Keerthi Estates, Hill Ridge Villas by Hill Ridge, Aparna Shangri La by Aparna Builders and DLF Township by DLF etc.
Very soon Gachibowli to Shamshabad stretch will become an ideal destination for investors due to its immense potential.
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