[vc_row][vc_column width=”2/3″][vc_column_text]
Real Estate in Hyderabad
Hyderabad has the title of BEST real estate investment destination in India. This is due to the massive increase in the number of foreign investments. The boom in the IT infrastructure of the city is the major contributing factor. The real estate in Hyderabad is booming day by day.
With more companies coming in to set up their branches in Hyderabad the prices are only going higher. With a sure shot strategy for success in investment, more and more investors and end users are opting to buy homes before they get more expensive.
The areas that have seen the most increase in value are the areas that are close to or well-connected to IT hubs. There are many locations that fit that description. However, there are 2 localities that stand above others in terms of ‘value for money’. They are Tellapur and Narsingi.
They fall in the same category of “connected to IT hubs”. That said, they are completely different in terms of standard of living. Here are the detailed descriptions of the prime localities that are well-connected to key job hubs.[/vc_column_text][vc_row_inner][vc_column_inner][vc_column_text][/vc_column_text][vc_column_text]
Tellapur
Tellapur is one of the most on demand locations in the city right now. It is a residential locality close to Madhapur and Gachibowli. Most of its homes are villas that are part of housing societies. Hence, they are sought after by end users. These housing communities or gated communities offer a wide variety of advantages to its residents.
Prominent IT companies
This place is near to many large IT companies like Wipro, Infosys, Microsoft, etc.
Besides that, large scale industries like BHEL (Bharat Heavy Electricals Limited) is also located over there. So, the commute from work to home becomes quick and comfortable.[/vc_column_text][vc_column_text][/vc_column_text][vc_column_text]
Grand infrastructure
Calling the infrastructure of Tellapur good would be an understatement. The roads are very good but because of the unique placement of Tellapur, there is always little traffic. The water, electricity, sewage system are all top-notch. It is due to the combined efforts of the state and central government in the ITIR initiative.
Mostly residential
The majority of this area consists of residential plots. There aren’t any large scale businesses running right next to Tellapur. This reduces traffic, pollution, and noise. It improving the community factor and focusing its resources on maintenance.
Not just the IT hubs
Connectivity throughout the city is a necessity. Being well-connected to the workplace isn’t enough. With Outer Ring Road (ORR) right next to Tellapur, travel to a prominent place in the city becomes easy. Also, it takes only 30 min to get to Rajiv Gandhi International Airport on the ORR. That is a tremendous advantage if regular travel is a priority.
Besides the ORR, the MMTS services can also provide travel options for various places into the city. This is the reason why travel from Tellapur won’t be an issue whatsoever.[/vc_column_text][vc_column_text][/vc_column_text][vc_column_text]
Urban forestry
Tellapur is also home to the GHMC Urban Forestry. This branch of government is currently working on a reforestation program. Their goal is to increase greenery in the city and to reduce pollution. Having this right next to the home is a feature no other area can provide. After all, planting trees for the sake of our environment is everyone’s responsibility.
Beautiful surroundings
The beauty of Tellapur cannot be described and needs to be experienced to understand. The lush green trees, beautiful flower collections, great scenery is a sight to behold. Besides this, the captivating Tellapur lake adds to the natural beauty element. Going for a walk in a place like this would be considered a luxury rather than a chore.
Maintenance
As the area is dominated by residential societies, the maintenance is top-notch. The roads are clean and the plants are watered. The main reason the area is so well maintained is that most of its residents try to avoid littering on their own.
Community element
The most helpful perk of living in a housing community in a Tellapur is the community itself. There are like-minded people who can be depended on. This forms an environment of trust that cannot be replaced by any other area.[/vc_column_text][vc_column_text][/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]
Narsingi
Narsingi is the metaphorical little brother to Tellapur. The area is a little more affordable and the perks are a little different. This area too is primarily dominated by IT professionals as this place is only 5km from the Financial District. It is close to Gachibowli and Hitech City as well. There are quite a few upsides to living in Narsingi, such as:
Next to IT hubs
Many IT companies are located near this area. Prominent companies such as Honeywell, Oracle, Wipro, Accenture, Deloitte, ICICI hub, Infosys have their offices there. Employees of these companies and many other companies situated in this area can have an easy time going from home to working they stay in Narsingi.
Affordable housing
The cost of housing is cheap in Narsingi. This is especially true when you compare it with surrounding areas like Hitech City, Gachibowli and Tellapur. For those who are looking for homes near their workplace, this locality is the optimal choice.
There are many options available in this area from residential plots to individual homes to luxury apartments. Among these options, luxury apartments are in high demand in the area. They offer the comfort of living in a large home with advantages of living in an apartment. Factors like safety, community, and affordability can’t be denied.
Increasing value
There is an estimate that 1 crore sq ft of land will be converted to office spaces in the nearby area. This means the scope is good for real estate investors as well as end users.
Investors need to hurry up and invest to gain larger profits while investing as little as possible. End users need to understand that soon the price of the area might increase drastically. That makes it unaffordable to most of the IT professionals.[/vc_column_text][vc_column_text][/vc_column_text][vc_column_text]
Government initiatives
The best way to determine the future value of an area is by analyzing how much effort the government is putting into improving it.
The government understands that more foreign investment is needed to improve the state. It’s obvious that the best way to attract foreign investment is having a well-developed surrounding around the IT hub.
Hence, the government has focused its efforts towards improving and developing Narsingi. That means the value will increase even more.
Examples for this are HUDA improvement initiative and the Metropolitan Water supply and sewage board. Installing water pipes to reduce the water scarcity in the area and planting trees is just the beginning.
Secure neighborhood
There are many advantages to living in Narsingi but the most evident of all is the sense of security you gain from it. The crime rate for this area is low and the residents are accommodating and understanding. The traffic in the area is limited to the roads are very for children.
Comfort and convenience
Narsingi is the most sought after investment location for investors and end-users alike. After all, the comfort it offers is unparalleled. It has all the necessary amenities available right next to it. World-class schools, hospitals, and malls are in the neighborhood.
The connectivity is not compromised as well. Travel to the airport is fast and efficient. Travel to different places in the city is easy due to ORR and other government initiated travel schemes. All these perks are beside the regular amenities.[/vc_column_text][vc_column_text][/vc_column_text][vc_column_text]
Hotspot for entertainment
Narsingi is famous for being surrounded by loads of activity and events that happen around the city. This is due to its proximity to the IT hubs. Thanks to that, an entertaining event is never too far away.
It also has malls very close to it as well, so recreation and entertainment is not a problem at all.
Homes that last
Deciding on a good locality to buy a home is just the first step towards owning a home. It is not easy to determine which home is better and that is understandable. The simplest way to determine which builder is dependable is by researching their past projects. Taking testimonials from their customers is also viable.
A good place to start looking is MUPPA PROJECTS. “They have a stellar record of excellence and remarkable workmanship.” These are the words of the customers who made the choice of buying homes from MUPPA.
Conclusion
It is true what they say, “The early bird gets the worm.” Making sure that you are making the right decision is crucial, but if one takes too long it might be too late.
It is a fact that the best localities in Hyderabad that are well-connected to IT hubs of the city are Tellapur and Narsingi. By analyzing factors like budget, plans, and convenience, a wise decision is to be made.[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text el_class=”post-contact-form”][fc id=’2′ align=’center’][/fc][/vc_column_text][/vc_column][/vc_row]