Unlike shares & stocks, the land is a tangible asset. Investing in land has many advantages: constant increase in value and demand is the foremost advantage. Land investment in Hyderabad like cities is a big asset for the future, but investing in the correct place is also equally important.
Hyderabad is a city that is emerging as a hotspot for property investment. It is expanding and developing on its four sides with the same swing. It should be a DTCP approved layout with good amenities and mainly from reliable sources while investing. Investment in residential plots or any land property is considered a profitable option in a long-term perspective. Hyderabad, being the hub for Information technology and the pharmaceutical sector, is developing rapidly in all ways. Are you in doubt of what is the best place to buy plots in Hyderabad! Then you are at the right place: let’s have a glance at the areas.
Here are some of the best places in Hyderabad for investment on lands and plots
1. Mansanpally
To the southwest of the city is Mansanpally of Rangareddy district, with easy access to Nehru ORR and major areas of Hyderabad. The area is always on board because of fair pricing and future returns it may offer. Sterling Heights, one of the top brands, has an upcoming project in Mansanpally, a 20-minute drive away from Nehru ORR.
2. Narsingi
Narsingi can be the best residential area because of its connectivity to the city. If you are an employee, it would be an advantage for you. It is just a 10-minute drive away from Hitech city and the financial district. Gachibowli, Manikonda, Mehdipatnam, airport, and Gachibowli are well connected.
3. Manikonda
Manikonda makes it a suitable location for professionals employed in IT sectors. Many IT sectors have their campuses in this area. Investment in this area will make a good decision as it has seen great infrastructural developments. Manikonda is gaining popularity because of the presence of many schools and easy access and connectivity to the city.
4. Bhanur
Due to the fast-paced infrastructural development over the last few years, there is a tremendous rise in prices in this area. So it can be one of the best places to buy land in Hyderabad. It has excellent connectivity with all major residential and commercial areas. Its connectivity to ORR makes your airport travel easy. Sterling’s Aster Meadows is a premium open plots venture with decent pricing.
5. Kompally
Kompally’s locational advantage is its proximity to the Outer Ring Road. Enhancement in connectivity in the coming years may result in better connections to places like Gachibowli and Shamshabad. It has all amenities like hospitals, schools, and shopping centers. So it can be a good choice of investment in the area.
6. Shadnagar
Shadnagar, though having good connectivity to National Highway-44 and Outer Ring Road, is not fully developed when compared to others. It is still developing, and there may be chances of high growth in the area. So it could also be a good option at affordable pricing.
7. Chandanagar
Chandanagar is located on National Highway-65 and close to Miyapur, BHEL Township, Lingampally, and Haffezpet. People in search of affordable pricing can consider this area as an option. Business districts Gachibowli and Hitech city are close to this area. Chandanagar railway station and Miyapur metro station are a bonus to the people who choose this area.
These are some of the best places to buy plots or open lands in & around Hyderabad. People searching for plots at affordable pricing can consider these places as top places in your priority list. To bring in favorable changes in the real estate sector, the Real Estate Regulatory Act (RERA) and Real Estate Investment Trusts (REITs) are various acts the Indian government is proposing.