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Nizampet: A Rapidly Developing Suburb:

Nizampet: A Rapidly Developing Suburb

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Nizampet is one of the fastest developing suburbs situated at Quthbullapur Mandal, in the Rangareddy district of the Hyderabad city . Being in close proximity with many IT corridors, it is surrounded by many huge constructions having many flats, colonies and even villas in Nizampet . This locality is strategically located connecting the National Highway 9 with the Inner Ring Road of the Hyderabad City. The most important factor which attracts many buyers to invest in this locality is its humble price and pollution free surroundings . There is also a lovely lake near Nizampet; the Pragatinagar Lake in the Rangareddy district, which is a local tourist spot. Ref:

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Nizampet is famous for its colonies and housing societies. Some of them include Brindavan Estates (Brindavan Colony), which is considered to be one of the oldest duplex housing societies in Hyderabad city, Balaji Park Town, Narayana Reddy Huda Colony, Balaji Hills and Kolan Tulasi Reddy (KTR). There are many educational institutes for higher education including schools and colleges in the surrounding areas. Some of them include, Gokaraju Rangaraju College of Pharmacy Rishi UBR Rajadhani Residential School Jawaharlal Nehru Technological University ( JNTU) Real estate developers construct many flats in Nizampet in the surrounding areas of these schools and colleges, attracting many buyers of middle and upper middle class sections Ref:

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Nizampet attracts a mix of software professionals, Government officials and businessmen, as it has the major advantage of having good connectivity with major areas like the Hitech City, Kukatpally , Balanagar , and Begumpet . Flats for sale in Nizampet are priced at easy affordable rates when compared with other areas of the city. The price of residential flat for sale in Nizampet is in the range of Rs 2291 to Rs 2539 per square feet. So the average price of 2BHK flats for sale in Nizampet can be around Rs 23.5 lakhs (935 square feet). And the average price of residential plot is around Rs 2539 per square yard. As the area experiences a good demand in recent times, because of its close proximity to major areas of the city, the price appreciation of this locality is expected to go up in the near future. Ref:

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Thank You. Visit Again

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