Srisailam Highway

Srisailam Highway is a well-developed road, seated in the southern region of Hyderabad. The area plays host to several developing localities like Barkas, Venkatapuram, and Tukkuguda. The locality has an advantage of being in close proximity to the Rajiv Gandhi International Airport and CRPF Helipad.

Srisailam Highway is surrounded by sound social infrastructure. Huda High School, VIP’s International School, ZAK International School of Excellence, Pragati School of Nursing, Al-Qurmoshi Institute of Business Management, and Gowtham Model School are few notable educational institutions scattered around the highway. Healthcare centres such as Al Madina General Hospital, Composite Hospital and Life Line Hospital are also present along the highway.

The commercial infrastructure around this locality is as good as its social infrastructure. MPM Mall, D Mart Shopping Mall, Spencer’s, and The Chennai Shopping Mall are a few malls that are present around Srisailam Highway. The area also hosts a myriad of everyday use stores and restaurants.

Key Projects in Srisailam Highway : 

Connectivity and Transit Points

Srisailam Highway meets the Inner Ring Road at its northern end and Outer Ring Road at Tukkuguda, forming its southern tip. The regions around the highway greatly benefit from this road, as it offers quick access to the rest of Hyderabad.

Sadath Nagar Bus Stop and Pahadi Shareef Bus Stop are the two prominent bus stations in this locality. These bus stations provide intra-city travel to places such as Charminar and Secunderabad. Falaknuma Railway Station is situated 7 km from Srisailam Highway, facilitating travel to Barkas and Chandrayangutta in Hyderabad, and a few regions in Secunderabad, as well.

Air travel is facilitated by Rajiv Gandhi International Airport, which is located 9 km from here, and can be reached in 10 minutes via SH-5.

Major Landmarks

•      Chandrayangutta Post Office
•      CRPF Helipad
•      Huda High School
•      Masjid Mohi-us-Sunnah
•      ZAK International School of Excellence
•      Zamzam Auto Parts
•      Barkas Cemetery
•      Al-Qurmoshi Institute Of Business Management
•      Yum Yum Tree
•      State Bank of Hyderabad Barkas Branch
•      Kendriya Vidyalaya CRPF
•      Colonel Public School
•      Water Tank
•      MeeSeva Center
•      Jama Masjid Barkas

Factors for Growth in the Past

Land availability in this part of Hyderabad was one of the major factors that paved the way for significant development on Srisailam Highway. This factor drove several reputed builders such as Fortune Infra Developers Private Limited, Jai Mata Builders, and CSK Realtors to set up affordable residential projects here.

Presence of an active transport system around the area contributed in improving the locality’s connectivity to a large extent. Establishment of schools, colleges, malls, and eateries followed shortly, making this locality a self-sufficient, developing one.

Residential Market Analysis

Residential plots, villas, independent houses and apartments form the property market of Srisailam Highway. Residential plots are the dominant property type, while villas, independent houses, and apartments come next. The average rate of residential plots in Srisailam Highway is Rs 1,220 per sq. ft., whereas the average rate of independent houses is Rs 2,460 per sq. ft. The average rate of apartments in Srisailam Highway is Rs 2,285 per sq. ft.

The price range of residential plots range from Rs 15 lakh to Rs 3 crore, while the price of 2-3 BHK apartments range from Rs 28 lakh to Rs 56 lakh. The price range of 1-2 BHK independent houses lie between Rs 13 lakh and Rs 25 lakh.

Major Challenges

The onset of frequent floods in this part of the city is one of the major issues faced by the area’s residents. Although the civic authorities have made improvements to the road from time to time, Srisailam Highway still seems to be filled with potholes and puddles of rainwater, making commuting difficult on this stretch, especially during monsoon.

Factors for Growth in the Future

The completion of residential plots such as Oxygen City, Sri Gudur Logillu Phase-I, FBC Plots, and Subhagruha Sukruthi TechPark will accelerate residential infrastructure growth in the region, inviting several builders to set up more projects here and entice home-seekers to invest in these projects.

The civic authorities are planning to construct a welcome gate with monitors along this road, which will help them monitor the incoming and outgoing traffic in the city. This is an initiative taken by the authorities in an attempt to bring about a sense of security in this area in case of emergencies. In addition to being a great initiative to maintain safety, this will also add to the beauty of the area.

Serene MAK, an ongoing project by Covai Senior Care Constructions and MAK Projects, would be ready for possession soon. This residential project, which is a part of the Banyan Tree Retreat is primarily being constructed keeping in mind the needs of senior citizens. The completion of this project will see many other similar projects starting up in this area, which will cater to the requirements of the aged residents.