Hyderabad’s Srisailam Highway, Balapur, Adibatla and Shamshabad offer lucrative land investment options owing to various growth propellers working in each area. While Srisailam Highway and Adibatla are expected to become the economic clusters of the city, Shamshabad and Balapur are growing on the back of infrastructure development.
Residential land has historically proven to be a healthy investment tool, especially over a long-term horizon. This property type gains further sheen if the prices are low, thus, allowing a larger scope for price appreciation. Hyderabad is popular for its affordability and availability of vast land parcels. If investment is on your mind and affordable land is what you are seeking, South Hyderabad is the place to consider. The region offers many residential layouts in various areas to choose from at competitive prices. Most of all, several areas in the region have been delivering healthy returns with approximately 5-10 percent appreciation in land rates in the last six months.
Some of the popular locations which can be considered in South Hyderabad for a profitable land investment in the long-term include Srisailam Highway, Balapur, Adibatla and Shamshabad.
Srisailam Highway – With average land rates along the highway being as low as Rs 600 per sq ft, the region is one of the safest investment bets in the city. The planned development of the Pharma City along the highway is the prime growth propeller. Nitin Bichala, a city-based proprietor from Brooks Realtors, says, “The Pharma City is one of the most ambitious projects for Hyderabad. Its development would generate lakhs of job opportunities, thus, boosting housing demand in the region.”
Balapur – Located towards the city centre, Balapur boasts of land parcels priced at Rs 1,050 per sq ft. Gradual enhancement of social and physical infrastructure in the region has led the land rates to appreciate by approximately 10-15 percent annually. “The area is popular for development of budget housing, primarily owing to competitive land rates. There is growing private participation towards the development of social infrastructure including schools, colleges and healthcare centres in the region. Several developers have come up with residential layouts in Balapur,“ adds Bichala.
Adibatla – The locality has started garnering eyeballs due to the fast growing IT/ITeS industry. The gradual commercial expansion from West Hyderabad towards the south offers healthy potential to yield high return on investments. The area still offers land parcels at a mere price of Rs 930-950 per sq ft and is expected to witness immense growth in housing demand on the back of the advent of IT companies. Recently, TCS commenced its operations in the area, significantly propelling demand for residential units in Adibatla and surrounding areas.
Shamshabad – The area boasts of being the host to the Rajiv Gandhi International Airport and, thus, is touted to be another high-potential investment destination. Land rates in the region shot up with the commencement of the airport a few years ago. The area is still capitalising on the same and witnesses hefty demand from both developers and buyers. Land rates in the area hover around Rs 500-550 per sq ft.
While land is an abundantly available resource in Hyderabad, experts say, in addition to these locales, areas closer to the Outer Ring Road, economic clusters and transport nodes are expected to perform the best in the long term.
Disclaimer: 99acres.com advises investors to research well before investing in any of the above localities. The opinions expressed are of industry experts and does not intend to promote any locality in particular.