Realtors predict that real estate on the northern side of Hyderabad, particularly the area between Medchal and Kalakkal, is set to be the next big thing. The proposed Regional Ring Road and the ongoing widening of the National Highway are increasing the value of real estate in the area. There is growing momentum for open plots within a 15 km radius of the Kandlakoya IT park, with city dwellers showing interest in standalone houses and villas. Renowned brand Aparna has commenced the sale of open plots facing NH44 near Kallakal, while Swarnamukhi Enclave and Green Hub are upcoming ventures in the region.
As mentioned in realtors, the northern side of Hyderabad is predicted to be the next big thing in real estate. A year ago, the prices were at ground level, but they have now increased by 3-4 times, as observed by experts. The area between Medchal and Kalakkal is bustling with real estate activity, and Kalakkal falls under Tupran Mandal of Gajwel, which happens to be the constituency of KCR, the current Chief Minister of Telangana.
This region is silently bustling and is poised to be the next big thing. The proposed Regional Ring Road and the ongoing widening of the National Highway are further enhancing the value of real estate in this area. After the announcement and inauguration of the Kandlakoya IT park, there has been a surge of interest in the area. Within a 15 km radius, there is 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 region, is another project that is gaining momentum. This venture is 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. The venture boasts BT roads, electricity connections, an underground drainage system, and an overhead tank.
In closing, the northern side of Hyderabad is an area to watch out for in terms of real estate investment. The proposed Regional Ring Road and the ongoing widening of the National Highway are adding value to the region, and with the surge in interest for open plots, this region is poised to be the next big thing. With renowned brands like Aparna commencing the sale of open plots, and other ventures such as Swarnamukhi Enclave, Green Hub, and Subhagriha’s Saharika gaining momentum, it is a wise investment opportunity for those looking to invest in real estate.
