If you are thinking to make a plot investment around Hyderabad, there are various reasons you can do so even if the real estate market is rather going from a sluggish phase.
Expected growth projected
According to experts, though the Nagaram is being neglected of any investment during the last two years, it is now seeking attention of prospective buyers. The current rate of a 200sq yard plot is about Rs. 6 lakh which will surely reap 100% appreciation in the next few years. The area has a potential to see rapid growth in real estate sector in the next year or so. Many new projects have come up within the reach of about 10-12km from international airport.
Other reasons in favor of investing in Real Estate In Hyderabad will make incite you to invest in the same. Nagaram being in proximity to Shamshabad is a plus point. Many new investment projects are carried on by real estate companies like My Home Group. My Home Group is a cement company who is planning towards the ‘smart city’ project which is deemed to spread in the area of about 3000 acres in Shamshabad, near Nagaram. Infrastructure development near Shamshabad will turn the image of the places near it in a better one.
Following this, the area will soon be connected with the facility of Metro Rail, the idea being already proposed to the concerned authorities. Also, a project by the Indian airlines housing is also heard of near the area.