From a sleepy and laidback town with moderate population, Hyderabad over the past three decades has metamorphosed into a bustling and booming metro city with a huge population.

Today, this is what is also happening to an area in Hyderabad called Shankarpally. Although it is witnessing a rapid growth cycle, it still remains by and large pollution-free. This makes Shankarpally good for investment.

Besides, with Shankarpally land rates still available at affordable rates, investment in Shankarpally plots for sale will make for a smart investment decision. It should also be noted that Shankarpally is famous for plots. Thus, when you invest in a Shankarpally plot, you stand to reap handsome returns in the future.

HYDERABAD

Along with Bangalore, Chennai, Noida, and Pune, Hyderabad has emerged as growth engines of the Indian economy in the recent past. However, Hyderabad has an edge over the other major cities for three reasons.

• Still has plenty of land available. This makes the land value low and more importantly, the land rates in the city as per Government records are still quite low. As a result, land rates are cheaper compared to other metro cities like Bangalore, Mumbai, Delhi, and Chennai. According to reports, the current land rates in Hyderabad is said to be going around Rs 4500 per sqft.
• Still offers an affordable cost of living. One can find and buy good quality houses at reasonable rates.
• Maintains lesser restrictions on buying or selling land. This results in lower costs for builders and developers alike.

In a recently released report on ‘Emerging locations in Hyderabad’, Shankarpally finds a prominent mention. The report reveals that affordability, connectivity, and proximity to economic corridors are key influencing factors fuelling the growth of Shankarpally.

Located in the west of Hyderabad close to developed areas like Gachibowli, Kokapet, and the financial district, it is witnessing increase in demand for plots and houses.

Why Invest in Shankarpally?

Land rates in most parts of Hyderabad in recent years have skyrocketed to astronomical heights.

Thankfully, there are still some areas in the city with land rates available at a reasonable amount. One among them is Shankarpally. It is a great option for those who lack the financial heft to pay high land rates.

Better still, what makes it an even quality investment option is Shankarpally is famous for plots.

It has abundance of plots in different dimensions and sizes. Besides, its location, area size, and the available land space make it the best bet for people looking to build their dream homes.

As the infrastructure in the area grows and develops, Shankarpally land rates are slowly appreciating at a much higher rate as compared to land rates elsewhere in Hyderabad. So, this is the best time to opt for Shankarpally Hyderabad land rates and invest in them.

Makes for Hassle-Free Investment

An investment in plots will generally be hassle-free with less of documentation and other requirements when compared to investment in flats or independent homes. There will be no more financial commitments once you have made the payment in full.

Additionally, you will

• Have the flexibility to construct your dream home in a larger area in any manner you like, while considering your budget constraints at the same time. On the other hand, if you invest in an apartment, you will have to make do with what is built which means you cannot increase the number of rooms. With plots, you can increase room size if you have secured the requisite permits and sanctions for it.
• Have the right to use your plot in whatever way you like. Whether the plot is an agricultural plot or residential plot, you can leverage it in different ways.
• Have the right to sell the plot later to anyone you like, including a developer for commercial purposes.
• Pay low maintenance fees. When compared to an apartment flat, the cost of maintaining a plot is very less. You will not have to contend with repairing the house or its upkeep. All of these means, there will be barely any maintenance to be looked into.

Shankarpally is famous for plots and it has plenty of them. By investing in Shankarpally plots for sale, you can later reap a bountiful harvest by selling it to a developer for commercial use, later.

Even if you look to build a home on your plot, it will be a good move as Shankarpally is the perfect place for settling down in a dream home. It is close to Cyberabad including several IT corridors and it offers the best of amenities and facilities for a good living.

Offers Strategic Location with Accessibility

Shankarpally with its strategic location and close proximity to Cyberabad, has all the attributes of a good investment destination. On the back of proposed infrastructure projects, the area also offers abundance of land supply and most importantly, unpolluted surroundings’ that still remains relatively untouched by the area’s rapid residential and commercial developments.

• Close proximity to Cyberabad, wildly recognized as among India’s most planned city areas, means convenient access to the offices of some of the biggest names in the corporate world like Amazon, Google, Faecbook, Microsoft, to name a few.
• Proposed 4 lane highway along with 100 feet road is expected to bring Shankarpally closer than before to Cyberabad; and making it an even more important destination for investment in Hyderabad.
• Strong connectivity to different parts of Hyderabad through Outer Ring Road (ORR). The area has a good transport network with TSRTC buses plying frequently to and fro other areas of Hyderabad. This will ensure hassle-free movement to and fro central areas of the city.
• Healthy presence of educational institutions including some of the most prestigious names like the IIT Hyderabad, St. George College of Education, etc. There are several quality recreational areas as well like Gayatri Shopping Mall, Lahari Resorts, etc.
• Status as the ‘Green Zone of the City’. Despite rapid developments on all fronts, Shankarpally still boasts of plenty of green spaces giving it a high ranking on the ‘Livability Index’. Additionally, it also boasts of a good air quality index thanks due to conservation zoning which restricts real estate activities. The more green spaces available means the more people will be able to lead healthier lives.

Aside from the above, Shankarpally is in the news of late with the proposed IT City coming up at the Golden Triangle of Hyderabad. It is a part of the triangle along with Muthangi and Kokapet.

Guarantees Quality Returns

Generally, land prices increase when the area’s infrastructure grows and develops on a sound footing. This is what exactly is happening in Shankarpally which is witnessing rapid growth of infrastructure on all fronts.

Shankarpally land rates are appreciating slowly. For those looking to invest their money in real estate, Shankarpally presents the perfect opportunity with excellent chances of higher return on investment in the future. Besides, Shankarpally is famous for plots and when you buy a plot area in Shankarpally, it makes for a smart investment choice considering it will offer a high resale value compared to plots in other parts of Hyderabad.

Shankarpally also has all the ingredients necessary for modern day life like schools and colleges, hospitals, shopping centres, etc. It is also well-connected to major IT corridors in the city through diverse modes of transport.

Although the area is witnessing fast-paced growth, it still offers abundance of greenery with less traffic which means less pollution. All of these are attracting working professionals to purchase open plots in Shankarpally.

Affordability

When you buy a plot in Shankarpally which has plenty of them, you need not have to pay hefty property tax. On the contrary, if you buy a residential property, you will have to pay high property tax periodically and not to forget, maintenance fees as well.

This is what makes Shankarpally plots good for investment and a very cost-effective option to boot.Healthy ROI

According to reports, the Telangana Government has proposed the development of a new IT city at the Golden Triangle of Hyderabad which includes Shankarpally. The proposed development is forecast to create a workspace of 90 million square feet and accommodate over five lakh working professionals.

This anticipated development is predicted to spur the growth of real estate in and around Shankarpally area leading to rise in property prices in the coming days.

This presents a wonderful opportunity for those looking to invest in real estate. Those who take advantage of reasonable Shankarpally Hyderabad land rates and invest in Shankarpally plots for sale, can expect healthy ROI in the future.

CONCLUSION

With its strategic location; ample land supply supplemented by reasonable Shankarpally Hyderabad land rates; unpolluted and eco-friendly surroundings; and ample growth drivers, Shankarpally has all the right ingredients in place that is good for investment.

Healthy atmosphere with feeling of exclusivity

In gated communities, most people generally mind their own business. This helps to promote a healthy atmosphere with a high feeling of exclusivity and privacy.

Besides, tight and well-controlled security ensures that no one violates traffic or safety rules. This is the reason why they are a lot quieter and serene than urban settings.

Although people very rarely interfere in other’s affairs, families get to enjoy the opportunity of being part of an exclusive and privileged neighborhood. This helps to bring together people from different backgrounds and status under one roof on joyous occasions like festivals, etc. They go a long way to promote harmony and maintain the decorum of the place.

Higher Returns on Investment

Every year, the demand for homes and flats in gated communities offsets the supply factor. Those lucky enough to own homes or flats in gated communities can expect healthy profit with a higher selling price for those looking to sell their home or flat in the future.

No wonder, the demand for homes and flats in gated communities keep rising every year as they offer value for money in the longer run.

Conclusion

The features of a gated community make it a different breed.

This is the reason why, buyers prioritizing safety and convenience; and looking for managed common amenities offering healthy lifestyle and safe environment, desire to be a part of a gated community.

The depth in gated community advantages continues to grow and remain consistent that never looks like diminishing any time soon.