Real estate in the northern side of Hyderabad is expected to be the next big thing, with prices increasing by 3-4 times in the past year. The area between Medchal and Kalakkal, which falls under Tupran Mandal of Gajwel, is poised for growth due to the proposed Regional Ring Road and the ongoing widening of the National Highway. Open plots and standalone houses in the area are gaining momentum, with renowned brand Aparna offering plots facing NH44 at Rs 42,000 per square yard. Other ventures in the region include Swarnamukhi Enclave, Green Hub, Saharika, and Habitat Silver Oak. Realtors suggest investing in these ventures as they have the potential to reach up to Rs 35,000 per square yard within the next few months to two years.
As mentioned in a news article on realtors, the northern side of Hyderabad is predicted to be the next big thing in real estate. The area between Medchal and Kalakkal has observed a surge of real estate activity, with prices increasing by 3-4 times in just one year.
Kalakkal, falling under Tupran Mandal of Gajwel and being the constituency of KCR, the Chief Minister of Telangana, is a region silently bustling with potential. The proposed Regional Ring Road and the ongoing widening of the National Highway are further enhancing the value of real estate in this area.
The Kandlakoya IT park has also played a significant role in increasing interest in the area. Within a 15 km radius, there is a growing momentum for open plots, as city dwellers are now more interested in villas and standalone houses rather than apartments that tend to depreciate over time.
Renowned brand Aparna has commenced the sale of open plots facing NH44 near Kallakal under the name Aparna-Urvi. These plots are priced at Rs 42,000 per square yard and include amenities such as underground electric lines, a drainage system, and BT roads. Some realtors specializing in Northern Hyderabad consider this to be a wise investment.
One of the prospective ventures in the Kallakal is Swarnamukhi Enclave, which is already owned by a group of individuals who formed an association and are now developing the project both for resale and to construct their own houses. This sprawling 55-acre land is located just one kilometer from NH44 at Kalakkal. The venture boasts BT roads, electricity connections, an underground drainage system, and an overhead tank. Realtors suggest that it would be wise to invest in plots here as they are expected to see the value of sq yard in this venture growing up to Rs 35,000 within the next two years. In fact, a three-story building has already been constructed in this venture.
Another upcoming venture in the region is Green Hub, located facing NH44 at Kalakkal. While it offers reasonable amenities, local residents anticipate that prices may reach between Rs 25,000 and Rs 30,000 per square yard within no time.
Subhagriha’s Saharika is another prominent venture situated in the Kalakkal Kucharam region, which realtors rate as a growing hub with the potential to reach Rs 35,000 per square yard in a few months, given its location.
Habitat Silver Oak, located in the same Kalakkal region, has also witnessed a surge of interest in recent times. The venture is offering open plots with amenities such as a drainage system, electricity connections, and BT roads. With the ongoing developments in the area, it is expected that the value of these plots will increase in the near future.
In the final act, the northern side of Hyderabad, specifically the area between Medchal and Kalakkal, is poised to be the next big thing in real estate. With the proposed Regional Ring Road and the ongoing widening of the National Highway, the value of real estate in this area is expected to increase significantly. As observed by realtors, investing in open plots in ventures such as Aparna-Urvi, Swarnamukhi Enclave, Green Hub, Saharika, and Habitat Silver Oak could be a wise investment for the future.