Article

Why should one invest in Hyderabad’s Miyapur?

Topic: Real EstatePublished March 16, 2017

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Miyapur is one of the upcoming micro-market of Hyderabad, which is located close to some of the major Information Technology (IT) hubs of the metropolis. Thus, the locality witnesses a high demand for houses among the working professionals who prefers to reside close their workplaces. Apart from it, Miyapur has the advantage of both road and rail connectivity, which makes this locality the most sough-after residential hub in Hyderabad. When compared to other micro-markets of the city, the property prices are reasonable in Miyapur. Thus, the locality has been the most preferred destination among mid-income groups. According to realty sources, prices of apartments in Miyapur begin from INR 3,500 per sqft. Following are some of the key stimulators for the realty growth in Miyapur • Advantage of close proximity to HITEC City and Gachibowli . It takes just 30 mins to reach these two areas from Miyapur. • The National Highway 9, which connects Hyderabad and Pune passes through Miyapur. Further, the locality is well connected to major places like Gachibowli, Kompally and National Highway 7 (NH7) via the Intermediate Ring Road. • Hafeezpet railway station is the nearest railway station of this region, which is located at a distance of 4 km. With the development of Hyderabad Metro network in the pipeline, Miyapur will have two metro stations. The metro line 1 will begin from Miyapur and ends at LB Road. The real estate experts have predicted that the development of the metro connectivity in this region is likely to boost the capital values of the city in near future. Therefore, the home buyers who are planning to invest in flats for sale in Hyderabad can prefer Miyapur for better returns in near future. • The Rajiv Gandhi International Airport is located at a distance of 50 km from this region. • The locality’s great social infrastructure is one of the major reasons for the realty growth in this region. Some of the famous schools in Miyapur are Sanford the Global School, DAV Public School and Sentia The Global School. Apart from educational institutes, the locality has the presence of several multi-specialty hospitals, general hospitals and clinics. GSM Mall & Multiplex, Manjeera Mall and Forum Sujana Mall are some of shopping malls in this locality. With the upcoming developments in Miyapaur, the demand for residential properties is expected to rise in near future. Eventually, the capital values of residential properties will also increase along with the demand. Therefore, investing now in Miyapur will fetch you good returns in the long-run.

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