As unbelievable as it may seem, it is likelihood to get homes within Rs 20 lakh in Hyderabad.
If you are also planning to own a residential real estate in Hyderabad within a small budget, the below stated localities are for you. Areas such as Hafeezpet and Gachibowli in Hyderabad offer maximum apartments within a budget of Rs 20 lakh.
Exactly what can you buy?
Within Rs 20 lakh, Hafeezpet offers apartments and builder floors in various sizes. Hafeezpet is an extremely good residential location with close proximity to educational institutions, shopping malls, hospitals, bus stations and metro train station. It is next to the Mumbai Expressway and less than 10 km from Hitec City and Gachibowli.
Location profiling
Affordable homes, durable social infrastructure, proximity to IT hubs and fast connectivity, together, attract property buyers. Hafeezpet is one such area which is actually a mix of all the mentioned advantages. The area offers 2BHK builder floors and apartments within Rs 20 lakh. IT hubs of Hitec City, Kondapur and Gachibowli, all are located in a 6 to 14 km radius. IT professionals employed in Hitec City and Gachibowli prefer staying in Hafeezpet as they want to be near their offices and at the same time save on expenses. Hafeezpet has strong social and emotional infrastructure that further has the exact daily needs and requirements of the residents. Facilities such as schools, hospitals, banking institutions, restaurants, petrol pumps and everyday grocery stores, each one is within the area. Both these areas are potentially good option in real estate in hyderabad.
Gachibowli is yet another area in Hyderabad offering builders floors and apartments within Rs 20 lakh. A homeowner of the area said that Gachibowli is the most effective growing IT hub in Hyderabad. It is very near to markets, banks, ATMs and colleges.
Spending budget and location are two important factors that are always considered before making an investment in a residential property. Gachibowli is one such established area in Hyderabad offering homes within Rs 20 lakh and at the same time guaranteeing good connectivity with the nearby areas and office buildings. The area houses some of the top companies such as Infosys, TCS Synergy Park, and others. Given the comprehensive presence of computer organizations and MNC’s in the vicinity, the real estate of the area has experienced an improvement. Professionals prefer both renting and buying in the area as within a small budget they can find decent accommodation. The social infrastructure of the area is robust as it houses schools, private hospitals, bus stops and renowned educational institutions such IIT Hyderabad, Indian school of Business, etc.
A humble budget of Rs 20 lakh can fetch you a good luxury home in hyderabad. In case you are aware of your exact needs then Gachibowli and Hafeezpet are the areas that you can invest.
Post By Shrikant Sain
Real estate property website 