There are many areas on the city's outskirts which provide a golden opportunity for the investors who are looking for higher returns. Yes, there are areas where we see development taking place at a rapid speed. There are open plots which give people a chance to invest as little as they want to and be relaxed for the rest of their life to get better output. The city's outskirts really offer rare-in-a-lifetime opportunity.
|Open Plots in Hyderabad|
What are the hotspots for the investment in open plots?
Well, there are many in number. Adibatla, Ghatkesar, Kompalli, Narsingi, Mokila, Shad Nagar etc are a few of them. Adibatla, Narsingi, Ghatkesar are the best that might bring for you the money that you are going to invest instantly. There are a large number of companies which have already got thier offices established in far off places. For instance, we see TATA Aerospace and TCS offices near Nanakramguda which really has given rise to an increase in value of the land in Mokila and Narsingi. This is really the best time to invest in plots. If you do not buy now then you might not be able to buy later as the prices may pick up in the future.
Expected increase in land values
|Open Plots in Adibatla|
The land value is expected to increase in Adibatla. In a year's time there can be 15% increment in rates. It is because of the development which is taking place in the respective areas. If the metro comes in those areas then it might not be possible to buy at low rates. Presently, the land rates in Adibatla are in between 15000 to 18,000 per sq yard. But if you are thinking of investing lesser than that you will have to go some 6 to 8 kilometers interiors. There you might get a plot at Rs 8,000 or 16,000 per sq yard. In Mokila, the land value is around 9,000 to 10,000 per sq yard. The land rates in the area of Kollur is in between 10,000 and 11,000 per sq yard.
A number of open plots are also available in other areas such as Gachibowli and Kondapur which already have got well-established facilities. If you are thinking of investing in an open plot in Gachibowli then it can cost you anywhere between 45,000 to 60,000 per sq yard and if you are thinking of buying a plot in Kondapur then you may have to spend at least, 28,000-30,000 per sq yard. But if you are looking for budget-friendly plots then you can turn your attention to other areas such Ghatkesar, Shad Nagar, Tukkuguda, Medchal, Shamirpet etc. In these areas, you can get a plot at comparatively cheaper prices. The land rate is somewhere in between 3,500 to 4,500 sq yard. If you spend today then you may have to wait for 3-4 years to get good returns. So, do not wait now. Get the best Huda Approved Plot and secure your future.
To know more of the Property in Hyderabad please, follow us. Follow us through email to know more of the current real estate scenario in the city. Follow our blog posts for the right information. You will receive an email from us whenever we post something new on our blog for you.