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"Resale Properties from Owners in Hyderabad"

PropRover data updated on: 19 Apr 2019

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Why has Shankarpally suddenly become focus of plot buyers in Hyderabad?

The real estate demand for plots in Hyderabad keeps swinging between East, West and South. The Hyderabad North is mostly forgotten now, though it had its time in early teens of this century, when buyers focused on Kompally and Shamirpet. The Hyderabad South had its hey days when Shamshabad Airport was under construction.

We have seen keen interest Pocharam when the Singapore Township and Infosys pulled in buyers. Then suddenly, the market collapsed with people rushing to Tellapur and Nallagandla in the West. The massive construction by TCS, forced people to dump the West and swing to East all the way to Adibatla.

Then came the feverish rush for plots in Mokila and Kondakkal in Western Hyderabad. Even before the rush had died down a second wave started in Adibatla with the opening of Wonderla amusement park. The plot rates have tripled there from Rs.5000 to Rs.15000/sqd.

And now we see a rush towards Shankarpally, in the West! What has attracted people is the fact that the rate for HMDA plots are below Rs.10,000/sqd (how many months this would hold, is anybody’s guess!). And Shankarpally has many features which could make early investment a money spinner.

4 lane road is being built from the upcoming Regional Ring Road (RRR) to ORR through Shankarpally

The RR is less than 3KM from Shankarpally Town

The plot rate in Mokila / Kondakkal etc are in the range of Rs.15,000 to Rs.24000/sqd

Availability of plots in Mokila / Kondakkal which are before Shankarpally has come down

MMTS is being extended to Shankarpally. This will make travel very easy for IT crowd in Gachibowli as well as Hitec City

Fresh clean, green locality to build homes and stay.

Large central Govt townships like that of Ordnance Factory and Bharat Dynamics are nearby

If you wish to find plots for sale in Shankarpally search in PropRover!.

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03 Aug 2018

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