Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Buy and Sell / Resale Property / I want to buy an independent house near Balkampet or SR Nagar area or HITEC City area. Which would be better in terms of an investment.
Q.

I want to buy an independent house near Balkampet or SR Nagar area or HITEC City area. Which would be better in terms of an investment.

view 189 Views

1 Answers

4 Year

Comment

Hyderabad
whatsapp [#222222128] Created with Sketch. Send
0 2020-12-21T15:50:31+00:00
⤺ Reply
Hyderabad, over the years has expanded into an excellent city and has become a huge real estate market in India. It is amongst the top cities in all the aspects including the affordable housing options. Sharing my inputs about all the three areas that you are considering to invest in a property:

HITEC City, Madhapur

To start with, Hyderabad Information Technology and Engineering Consultancy City also known as HITEC City is located in Madhapur area and has gained a lot of attention since a few years. It is known as Cyberabad due to its IT Hub that provides employment in sectors like IT, Engineering, Informatics, Health, Bioinformatics and so on. This has actually led to hike in the property rates in the area. In HITEC city the price appreciation is about (6-12%) year on year since 2018. Current average property rate in Madhapur is 8864/sqft. Of course, the rates are higher, but the returns on the investment are even higher.

SR Nagar & Balkampet

On the contrary, S R Nagar, which is named after the former President of India, Neelam Sanjeeva Reddy is a well-established residential area in Hyderabad. Balkampet is the locality besides S R Nagar. Unlike HITEC City, these two areas are old enough and have a high demand for property as well. However, the appreciation rate is not as high as compared to HITEC City. These are rather calm and quiet areas with a lot of greenery around. So if you are looking for a place for yourself and want some peace of mind yet not far from all the facilities and amenities, S R Nagar or Balkampet would be an amazing choice. Average property prices in Balkampet is Rs.5854/sqft & in SR Nagar it is Rs. 6214/sqft. Speaking about the appreciation value, S R nagar and Balkampet has about 4-7% appreciation rate (y-o-y) from 2018-2020.

Shifting, House?

✔

Lowest Price Quote

✔

Safe Relocation

✔

Professional Labour

✔

Timely Pickup & Delivery
inline_cards

Intercity Shifting-Upto 25% Off

Check Prices

inline_cards

Intracity Shifting-Upto 25% Off

Check Prices

inline_cards

City Tempo-Upto 50% Off

Book Now

Most Viewed Questions

Difference Between Warehouse and GodownWhat is Commercial Property?What things to keep in mind while buying commercial shop in mall? I want to buy with budget 50 Lakhs.How to Calculate Warehouse Cost Per Square Foot?What is the Rental Yield for Commercial Property?What Type of Commercial Property is Most Profitable?How to Sell a Restaurant?How Much is the Commercial Rent Per Square Foot in Hyderabad?How to Buy Commercial Real Estate With No Money?What is the Commercial Rental Yield in Bangalore?See All

Recently Published Questions

How to Rent Out My Plot to Mobile Tower Instalation?I Have Commercial Property for Rent. How to Give?I Want to Sell My Farm. Can You Help?Should I Lease or Sell my Commercial Property?What Do I Need to Rent a Commercial Space?Want to give Land for College building around Bangalore Airport, 25-30 Acres. Property has access to good roads.I am a Builder. I build Commercial Properties in Surat. I want to Sell or Rent or Lease them. Can I Post them on NoBroker?How to Rent out Property for tower?Will Commercial Property Prices Rise?I have a plot I want to rent it for the purpose of lease for tower. How to do it?See All

Authors Of The Question

profile
Rishi Mehta

0 Total Answers


0


profile

Recently Answered Questions

I want 3bhk on rent in new Palam Vihar What will give me higher returns - rental income from commercial or residential property? What is the current rental value in Yogidham, Kalyan? I want to buy an independent house near Balkampet or SR Nagar area or HITEC City area. Which would be better in terms of an investment. What is the legal process of transferring of flat ownership and membership in cooperative housing society before it's completed in India? What are the laws regarding payment of consideration? What's the prevailing rent for 2bhk flat in prestige lakeside habitat gunjur, Bangalore? I want to rent my house 3BHK flat 1000 sqft ground +three story. Looking for shop on rent in Gaur City 2, Greater Noida? Which are good ready to move flats in Chhatarpur, Delhi?
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners