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November 23, 2024 7:37 AM

Commercial Property

Properties In Nizampet Emerges As A Preferred Residential Suburb In Hyderabad

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One of the fastest-growing suburbs around the IT corridor of Hyderabad, Nizampet in recent years has emerged as a preferred residential destination among the homebuyers. The locality is well connected to other well-developed residential and commercial hubs like Kukatpally, Bachupally, and Miyapur. The nearest metro station is JNTU metro through which one can easily commute to other nearby and surrounding areas.

Nizampet is also well-connected to Secunderabad, Bachupally, koti, etc. via state run TSRTC buses. The nearest railway stations to Nizampet are Hitech City and Hafeezpet. The government has also proposed metro terminal and intercity bus terminus at Bachupally, which is nearby to the locality.

Besides, connectivity the government has worked extensively on the infrastructure development of the area. It is home to many leading schools, Hospitals, commercial hubs, shopping malls, recreation centers, etc. Some of them include Laurus – The School of excellence, Kennedy High, the global school, VNR Vignana Jyothi Institute of Engineering and Technology, Seven Hills Venkateswara Swami Temple, Sree Kanakadurga Ammavari Temple, Heritage Fresh, MORE Mega Mart, Metro Hospital, Sri Sri Holistic Hospitals, etc.

The locality is divided into two parts namely- Nizampet and Nizampet Village. Both of these areas have many residential projects and gated communities which are home to many families. Some of these colonies include Brindhavan Estates (oldest duplex housing society), Parvathi Villas (Duplex and Triplex houses), Srinivasa Housing Society, Narayana Reddy Huda Colony, Prashanti Hills, etc.

Moreover, there are many reputed builders who are developing their affordable and premium residential projects in the locality such as Vazhraa Nirmaan’s Pushpak, etc.

At present, the property price in Nizampet is Rs 3,622 per sqft. A 2 BHK can be availed at a price range starting from 35 lakhs, while a 3 BHK comes with a price tag of Rs 55 lakh to a crore depending on amenities and specifications. However, a 2 BHK is more preferred among homebuyers due to their affordability.

Nisha Shiwani hails from the pink city of Jaipur and is a prolific writer on a wide variety of topics. She loves to write on Real Estate/Property, Automobiles, and the Education vertical. She has a strong inclination towards Finance and about the latest developments in the Technology space and also writes on the same.

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