Hyderabad Warangal Highway Real Estate Market, Property Prices

0
33
hyderabad warangal highway
hyderabad warangal highway

The Hyderabad Warangal highway (NH 163) is emerging as a lucrative investment destination for plots, connecting Hyderabad to Bhopalpatnam Road in Chhattisgarh. This highway links Hyderabad to three other tier-2 cities: Warangal, Hamakonda, and Kazipet. Prominent localities along this highway in Hyderabad include Ghatkesar, Kondamadugu, Pocharam, Bibi Nagar, and Yadagirigutta. These areas are gaining prestige due to several factors such as:

  • Large land availability
  • Affordable property prices
  • Job centers
  • Infrastructure upgrades like the Regional Ring Road (RRR)

Prime Residential Projects

Some notable residential projects along this highway are:

  • Siri Laxmi Sai Projects
  • JSR Groups
  • Suraksha Infra
  • Vikyath Developers
  • Jb Infra Projects

Key Investment Factors

Let’s explore the primary reasons to invest in plots along the Hyderabad Warangal highway.

Physical Infrastructure

The Outer Ring Road (ORR) connects NH 163 to the rest of Hyderabad. The 132 km Regional Ring Road (RRR) in Warangal is under construction, along with the phase 2 metro line from Secunderabad to Ghatkesar, extending to Yadadri for improved connectivity. Railway stations along this route include Raigiri, Ghatkesar, Bhongir, and Kazipet. The nearest metro stations are Uppal and Nagole on the blue line of the Hyderabad metro.

Social & Retail Infrastructure

Well-known educational institutions along this route include NIT Warangal, Sri Chaitanya School, and Sree Vidyanikethan International School. Hospitals such as MGM Hospital, Sri Thirumalamma Hospital, and Guardian Multi Speciality Hospital serve the area. Shopping malls like Inorbit Mall in Pocharam, Taranka Enclave, and TKR Shopping Mall cater to residents’ needs.

Employment Hubs

Key employment centers near NH 163 include Madikonda IT Park, hosting Tech Mahindra and Cyient facilities, and Pocharam SEZ, home to Infosys and Raheja IT Park. The Bhongir Industrial Area features various industries such as aluminum utensils, fine chemicals, medicines, and general engineering units, expanding employment prospects.

Infrastructure Projects

  • Uppal Elevated Flyover: Eases congestion between Uppal Junction and CPR Institute in Medipally, improving traffic flow and boosting real estate values.
  • Greenfield Highway: A four-lane access-controlled highway from Mancherial to Warangal, enhancing connectivity.
  • Hyderabad Warangal Industrial Corridor: A 235-kilometre corridor promoting infrastructure improvements and investment-friendly environments with world-class infrastructure and connectivity.

Price Trends

As of now, property prices Ranged from Rs 3000 to Rs 25000 per square yard. Localities like Ghatkesar, Kondamadugu, Pocharam, Bibi Nagar, and Yadagirigutta show varied rates per square foot, indicating a growing market.

Open Plots Near Yadadri

Property Snapshot

  • 50% of properties are priced up to Rs. 20 lakhs
  • 25% range between Rs. 20 lakhs and Rs. 40 lakhs
  • 25% are priced between Rs. 40 lakhs and Rs. 60 lakhs and above
  • Residential plots make up 89% of the properties

Nearby Railway Stations

Proximity to railway stations such as Aler, Pembarti, Yadadri, Jangaon, Bhongir, and Raghunathpalli adds to the area’s attractiveness for investment.

Open Plots Near Bhongir Click Here

Tourist Attractions

The highway boasts several attractions:

  • Marri Chetti Picnic Spot: Ideal for picnics with open fields and trees.
  • Mandala Gudem Waterfalls: A scenic spot in Fatehshapur village.
  • Khila Shahpur Fort: Historic fort remnants suitable for short hikes.
  • Boti Forest: Perfect for day hikes and picnics.
  • Rampur Mango Farm: Offers a countryside experience with mango orchards.
  • Rajaram Lake: Known for sunset views and treks.
  • Swarnagiri Temple: Located Near Mannepally Hills, Bhongir
  • Yadadri Temple: well-known temple in Telangana.

Road Condition

The Hyderabad to Warangal route is in excellent condition, ensuring smooth and quick travel.

Conclusion

The Hyderabad Warangal Highway connects Hyderabad to Bhopalpatnam Road in Chhattisgarh and three tier-2 cities. With 50% of properties priced under Rs. 20 lakhs, and significant infrastructure and social developments, this highway is a prime area for real estate investment. The region’s growth is driven by its rich heritage, affordable housing, robust infrastructure, and excellent transportation links.

LEAVE A REPLY

Please enter your comment!
Please enter your name here