Secunderabad, Hyderabad

Secunderabad is affectionately called the twin city of Hyderabad and is now experiencing a revival in terms of real estate and infrastructural progress. Demand for property in Secunderabad is on the rise amongst investors and end users post a slump that lasted for quite a few years. After the creation of the separate Telangana state, real estate developers and investors are flocking to the location and it promises well developed social infrastructure comprising of medical facilities, shopping and entertainment destinations, restaurants, educational institutions and banks. Secunderabad also has a developed and flourishing transportation network across trains, buses, rickshaws and auto-rickshaws.Social infrastructure is being developed rapidly in Secunderabad and this will directly influence property appreciation in the future. Upcoming metro connectivity is slated to change the face of the area and boost demand for property in Secunderabad to a huge extent. Property prices are also slated to rise in the future on the back of developments like the proposed radial roads and the proposed Outer Ring Road along with the metro network. Areas like Marredpally, AS Rao Nagar, Padmarao Nagar, Bowenpally and Trimulghiri are real estate hotbeds and are witnessing considerable interest from developers and property buyers alike.Multiple residential projects are coming up in Secunderabad and home buyers prefer the zone for its proximity to Hyderabad and well developed infrastructure. Property prices are also relatively affordable in Secunderabad as compared to Hyderabad. Investors are making a beeline for Secunderabad based on the possibility of higher returns on their investments in the future. There are several residential apartments and plots available in Secunderabad and it is drawing considerable interest from middle-income households and professionals. Average property prices hover around INR 2, 817 per sq. ft. in Secunderabad and prices have gone up by 10.2% here over the last 40-42 months.There are several popular projects like Lahari Greens, Shanta Sriram Charming and Legend Anthem in Secunderabad. You can find apartments priced anywhere between INR 2,654-4,500 per sq. ft. in Secunderabad. Secunderabad offers immense scope for future development and is already being billed as the next big growth destination after Hyderabad.