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Plots in Adibatla appreciate by over 15%

Being an essential part of the Rangareddy district of Telangana, Adibatla is a tiny village located towards the southern region of Hyderabad. Named after the former Bijapure ruler- Yusuf Adil Shah, the neighborhood falls under the ITIR (Information Technology Investment Region) project. The area is encircled by Bongulur in the east, Kurmaguda in the west, Nadergul towards the north and Kongar Khurd in the south. Various SEZs like Tata Aerospace are present in this neighbourhood. Some of the important micro markets in and around Adibatla include Shamshabad, Bongulur, Falaknuma and LB Nagar. Connectivity

  • Some of the major connectors that pass through or are present around Adibatla are ORR (Outer Ring Road) and State Highway 19 (Hyderabad-Nagarjuna Sagar Road)
  • Apart from these arterial roads, there are many smaller roads and lanes that improve connectivity to other parts of the city
  • The Falaknuma railway station which is about 17 km away is the closest railway station to Adibatla. It is a major stop where all MMTS and Express trains halt
  • Kacheguda railway station is another transit point that is 21 km from the neighbourhood
  • Its proximity to the Bongulur bus stop has further improved intra-connectivity. State owned buses from here go to all the major localities of Hyderabad

 

Budget Preference of Buyers – Adibatla

Infrastructure

  • Although the area does not have a metro station, the Falaknuma Metro station is cited to be the closest at 17 km
  • The proposed Phase I, line II of Hyderabad Metro linking JBS (Jubliee Bus Stand) to Falaknuma is likely to complete by June 2017
  • The locality is cited to have many Special Economic Zones that will host many state of the art office spaces
  • Many reputed MNCs are building huge office campuses that spread over 40 acres here
  • The insurgence of the IT sector is expected to create more than 26,000 employment opportunities
  • To cater to their housing demands, builders are creating extraordinary homes that will accommodate many white collared professionals
  • An array of educational institutions and healthcare units are available in and around Adibatla
  • However, the locality does not have any shopping malls and other recreational spots
  •  Krishna Phase II and III project supplies 250 kilo litres of water to this locality
  • The developing social infrastructure and widening of roads makes the vicinity a haven for many investors and real estate developers

 

Unit Size Preference of Buyers – Adibatla

Real estate

  • The neighbourhood was once a tiny village with tracts of barren land. But developments began in 2012 after Aerospace projects came up
  • Cited to be another IT hub, both local and national real estate developers are attracted to properties in Adibatla
  • 97% of area is occupied by residential land followed by houses standing at 1.5% and apartments at 0.5%
  • The availability of land in large parcels is luring many property builders to this neighbourhood
  • The price of Residential land in Adibatla approved by HMDA (Hyderabad Metropolitan Development Authority) is estimated to hover between INR 350 and INR 880 psft
  • The inexpensive prices and high ROI are luring many investors towards this region. Capital values of plots have appreciated over 15% in the past one year
  • Today, apartments for sale in Adibatla cost an average of INR 2,750 psft
  • Similarly, the price for villas is estimated to hover anywhere around INR 1,900 and INR 3,600 psft depending on the amenities and facilities offered by the builder

Download the Solid Grounds Micro Market Report on Adibatla here. You can also track the price trends of micro markets in Hyderabad by clicking here. Image: http://sumukhacom.blogspot.in/

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2 comments

  1. Is it worth to invest for open plot @7000/- to 8000/- in adibatla around 3-4 kms from TCS and around TCS and other projects. Any future appreciation, in case in want to resale, How much I can expect, if I invest Rs.10 to 12 lacs at present in another 4-5 years

    • Hi,

      The property rates in Adibatla have increased by 17% over the past three years. The properties around TCS are expected to see good appreciation. The presence and development of many Special Economic Zones are triggering the real estate developments and this is transforming the micro market into a residential area. So, you can expect good appreciation in the coming years.

      Team IndiaProperty

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