Real estate investors are often in an enviable scenario where they have to choose between investing in residential properties, commercial real estate, and open plots of land.
While there are worse problems one can have, if you’re a real estate investor or an NRI looking to invest in properties in India; don’t overlook Hyderabad, the crown capital of Telangana.
Hyderabad, the City of Pearls, is witnessing substantial growth in its real estate market. Hyderabad’s real estate has the signature winning formula of excellent commercial centres, one of the fastest growing IT hubs in the country, and a cosmopolitan culture, making it an underrated real estate investment option.
In this article, we’ll take a look at areas to invest in Hyderabad plots.
Hyderabad Real Estate Growth in 2024
There are a number of key areas to invest in plots in Hyderabad. You can get affordable residential plots in Kondapur and Bachupally, to high end luxury properties in Kokapet & Jubilee Hills.
As per Anarock residential market research, Hyderabad’s residential sales saw a significant increase in Q1 2024. The city reported sales of around 19,700 units.
This represents 15% of the total housing absorption in India’s top 7 cities. Residential sales increased by 38% compared to Q1 2023.
When it comes to new residential units launched, Hyderabad ranked 2nd among the Top 7 cities, with an influx of approximately 23,000 new units, with an Year on Year (YoY) growth of 57%
What Does This Mean for Those Looking to Invest in Hyderabad?
All this data indicates that Hyderabad’s real estate market is thriving, and there is a strong demand from homebuyers and those looking to invest in real estate in Hyderabad.
Key Areas in Hyderabad To Invest In Plots
Invest In Plots In North Hyderabad
Ghatkesar
Ghatkesar is a satellite town of Hyderabad in the Medchal-Malkajgiri district; it serves as the mandal headquarters of Ghatkesar Mandal, and is in the North-Eastern zone of Hyderabad.
Furthermore, this locality has experienced a notable real estate boom owing to its close proximity to essential infrastructures such as the Warangal highway, Outer Ring Road, and Uppal Metro.
The average property rate is around ₹1,550/ sq.ft., as per 99acres.
Kompally
Kompally is a residential suburb in the Medchal-Malkajgiri district of Telangana, India. It is known for its spacious residential layouts and has a population of approximately 15,000. Kompally is well-connected by road and has a train station nearby.
Plot rates in Kompally usually start from Rs 2400 per sq ft onwards, as per magicbricks.com.
Invest In Plots In South Hyderabad
Kokapet
Kokapet, in the Ranga Reddy district, comes under the Kokapet SEZ (Special Economic Zone) (Neopolis). It covers a vast commercial and residential area, and is emerging as a popular locality to settle in.
It is considered one of the most expensive locations in western Hyderabad as it falls under Kokapet. Additionally, Kokapet stands close to both the Rajiv Gandhi International Airport and the IT hub.
The average property price is around ₹9,900/ sq.ft. as per 99acres, with more than 15 plots of land available for sale.
Shankarpally
Another town in the exciting Ranga Reddy District of Telangana is Shankarpally. It’s got great roadways and railway connectivity, and is known in particular for its educational institutions par excellence. These include the Indus International School, and IBS Hyderabad.
Shankarpally has a decently sized population of about 12,000 residents, and plots here are great for real estate investment in Shankarpally’s residential suburbs.
Adibatla
Adibatla is a village near the eastern part of Hyderabad. If you’re looking to invest in plots in Hyderabad, Adibatla is uniquely positioned as a one of a kind Aerospace and Precision Engineering Special Economic Zone (SEZ).
It’s home to several major IT and aerospace companies, like: TCS, Cognizant, and Tata Lockheed Martin Aerostructures. Getting the best of both worlds, Adibatla is also a part of the Information Technology Investment Region (ITIR) and thus has an advanced social and cosmopolitan infrastructure.
As per magicbricks.com, plot rates in Adibatla range from Rs 1498 per sq. ft. onwards.
Shadnagar
Shadnagar, about 50 kilometres from Hyderabad, is a town near the city’s southern border. It is a metropolitan area with a strategic location along the Bangalore-Hyderabad highway (NH 765).
As per magicbricks, plot rates in Shadnagar start from 700-1500 per sq ft.
It is well connected to the city, close to the Rajiv Gandhi International Airport, and in the heart of major business districts, educational institutions, and healthcare facilities.
Invest in Plots In West Hyderabad
Nallagandla
Nallagandla, in the Medchal-Malkajgiri district is one of the most sought after residential localities in Hyderabad. It’s witnessing the rise of many new and ongoing apartment projects and plots, with more than 200+ apartment complexes and 20+ plots of land available for real estate investment.
As per 99acres.com, the average property rate in Nallagandla is ₹9,450/ sq.ft.
Kondapur
Kondapur, a prominent commercial and residential hub in western Hyderabad, is renowned for its proximity to the IT corridor. It falls under the Serilingampally mandal of Ranga Reddy district.
Kondapur has emerged as a modern business centre; it houses numerous IT companies and boasts several residential projects. The average property price is around ₹9,400/ sq.ft. as per 99acres, with more than 25 plots available for sale.
Invest In Plots In East Hyderabad
Patancheru Industrial Zone
A major industrial zone, Patancheru is located on the outskirts of Hyderabad, about 30 kilometres from the main city. Connected through the Hyderabad – Solapur highway, it’s home to many major pharmaceutical companies and a dark horse for significant real estate activity and investment.
For more information: Patancheru, Hyderabad
Uppal
Uppal is another underrated area in East Hyderabad with many residential plots for sale. The price of these plots can differ based on their size, location and facilities available nearby. In the past years there has been a constant rise in Uppal’s plot prices, making it a fiscally appealing choice for real estate investing. At this time more than 200 open plots are sale ready in Uppal with choices varying from low cost to high - end properties being provided now.
As per magicbricks.com, plots in Uppal are starting from Rs 2000 per sq ft.
Apart from these areas, there are many other key areas to invest in plots in Hyderabad, all with their own cup of pros and cons. These include: Narsingi, Kompally, Banjara Hills, HITEC City, Gachibowli, Manikonda, and many more.
Bottom Line
Hyderabad’s real estate market is full of opportunities. Whether you’re looking to invest in the housing sector in Kondapur & Bachupally, or invest in commercial real estate in HITEC City, the city’s real estate is developing rapidly.
Before investing in real estate, it’s essential to know the market value of the property/land you’re buying or selling. One of the best ways to do this is to use an online property valuation platform to get the latest local insights and an accurate valuation of your desired property.
Assetscan is a smart real estate buddy for AI-powered property valuations. It’s a user-friendly platform, assisting investors with accurate micro market updates, and real time property valuations and location trends.
Through Assetscan, buyers can leverage our AI-powered insights to make smarter, data-driven decisions and ensure they capitalize on the best opportunities in this thriving market.
