Showing posts with label Miyapur Hyderababd. Show all posts
Showing posts with label Miyapur Hyderababd. Show all posts

Low rental values make Miyapur the best place to buy property in Hyderabad

From being one of city's peripheries, Miyapur today boasts of having many multi-storied buildings and a number of housing projects. Although the landscape of Miyapur has changed in the past few years, this neighbourhood is blinking on the real estate map thanks to its great location and connectivity to other localities like Kondapur, Madhapur, Bachupally, HITECH City and Gachibowli. Located about 22 kilometers northwest of Hyderabad, Miyapur is part of Greater Hyderabad. This locality is home to many lakes, providing a picturesque view to all its residents. Another factor that is improving Miyapur’s real estate is its commercial developments.

According to recent reports localities like L.B. Nagar and Miyapur are considered to be the best places to buy a house. Due to low rental values, Miyapur is slowly becoming a destination for builders to create affordable housing options for potential buyers. Apart from these, the vicinity has a number of multi-storey apartment, independent houses and many residential plots. One is definitely spoilt for choice every time they decide to buy a property here. With the locality having all basic amenities like healthcare centers, schools and entertainment zones, a house for sale in Miyapur could cost anywhere between Rs. 2,600 to 4,000 per sq ft.

Being a developed industrial area, Miyapur is also a home to a number of government offices. Bharat Sanchar Nigam Limited, the bus body building unit of Andhra Pradesh State Road Transport Corporation and the Department Registration and Stamps for Miyapur has their offices in Miyapur. Because of these establishments, the land prices in Miyapur are all set to skyrocket in the near future. If buying is not your option, you could always opt to rent a property. Apartments in Miyapur for rent can cost anywhere between Rs. 8 and 11 per sq ft.

With its excellent connectivity, Miyapur has a number of significant roads that keeps this locality connected with the city. Hafeezpet Roads, Kukatpally Road and the upcoming Yellamma Banda road are driving the realty sector here. Apart from these internal roads, the Outer, Inner and Regional Ring Roads along with the state and national highway helps connect Miyapur to other sections of the state, making this locality a hotspot for builders and investors.

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