Top reasons for the housing demand in Nagole

With the development of Hyderabad Metro is in the pipeline, the real estate market of Hyderabad has been witnessing an upward trend in recent years. Nagole is one of those localities which have been benefited largely owing to the development of Hyderabad Metro. Located strategically between Uppal and MP Nagar, Nagole is one of the rapidly growing micro markets in Hyderabad. Besides, Nagole is renowned for marble and granite stone business, as well. According to real estate sources, the demand for residential properties in Nagole has increased significantly owing to this metro connectivity. Eventually, this has played a major role in boosting the capital values of this region. Owing to this housing demand, many residential developers have been engaged in launching several new projects here. As the locality offer metro connectivity to several employment hubs, the demand for apartments and villas in Nagole has been high among the working professionals. The current prices of residential properties here range between INR 3,000 – INR 8,000 per sqft. Affordability is yet another factor that drive the housing demand of this region. When compared to other micro markets such as Madhapur and kondapur , properties prices are quite reasonable here. Thus, the locality has been the most preferred investment destination among the MIGs who lookout for budget-friendly homes in Hyderabad. rnApart from this metro connectivity factor, the locality also has the advantage of good access ability to facilities such as post office, shopping complexes like Big Bazaar, restaurants and retail stores like Heritage fresh in the vicinity. Thus, this locality attracts more number of potential home buyers, as well. Further, the locality is well-connected to other parts of the city via frequent bus services operated by the Telangana State Road Transport Corporation (TSRTC). As the locality has ample space, the locality has been brimming with many residential developments in recent times. Therefore, a home seeker can find multiple housing options here while searching for a home to buy or rent. Snehapuri colony, New Nagole Colony, Sri Ganesh Nagar Colony, Alkapuri, Sai Nagar (behind RTA office), Jaipuri colony, Vijaya gardens colony,padmavathi colony, Sai Ragavendra nagar-Bandlaguda,Ayodya Nagar Colony, Ajay Nagar Colony, Anand Nagar 'X' roads, Adarsh Nagar colony, Gayathripuram, Indraprastha colony, Samathapuri colony, Srinivasa Nagar Colony, Krushinagar Colony, Arunodaya nagar, Co-Operative bank Colony, Venkataramana colony, Mamathanagar colony are the colonies of this region. rnWith the upcoming infrastructure developments in the vicinity of this region, the property prices are expected to increase further in near future. So, investing now in Nagole is certainly a good choice for property investment.