Why Kadthal Land Rates Are Increasing? Top 10 Reasons

0
186

Introduction:

Kadthal, a town in the Ranga Reddy district of Telangana, is emerging as a real estate hotspot, attracting investors from across the region. The town’s land rates have seen a significant increase in recent years, and this trend shows no signs of slowing down. Understanding the factors behind this rise is crucial for both potential investors and those interested in the real estate market. This article delves into the top 10 reasons why Kadthal land rates are on the rise.

The approximate average land rates in Kadthal from 2019 to 2024, along with the percentage increase from the previous year:

YearApproximate Average Land Rate (per sq. yd.)Percentage Increase from Previous Year
2019₹6000 – ₹7000
2020₹7000 – ₹900016.67% – 28.57%
2021₹8000 – ₹1000011.11% – 14.29%
2022₹12000 – ₹1400020% – 50%
2023₹14000 – ₹1600016.67% – 16.67%
2024₹18000 + (Average Price Depending on Area)12.5% – 28.57%
Approximate Average Land Rate (per sq. yd.) from last 5 years

Also Read: Shamshabad Real Estate Overview: Why invest in Shamshabad?


Key Factors Contributing to the Increase:

Infrastructure Development: Improved connectivity, roads, and public transportation have made Kadthal more accessible.

Proximity to IT Corridors: The region’s proximity to IT hubs like Hyderabad and Ranga Reddy has boosted its demand.

Real Estate Projects: Several residential and commercial projects have been launched in Kadthal, driving up property values.

Government Initiatives: Government policies and incentives have encouraged development in the area.

A Comparative Analysis of Kadthal Land Rates (2019-2024)

Key Observations:

Significant Appreciation: Land rates in Kadthal have experienced a substantial increase over the past five years.

Consistent Growth: The trend has been generally upward, with each year showing a noticeable appreciation.

Market Dynamics: Factors like infrastructure development, proximity to IT hubs, and government initiatives have fueled this growth.

land rates in Kadthal
Approximate Average Land Rate (per sq. ft.) from Last 5 Years

Also Read: Why Invest in Kadthal Hyderabad? Benefits of investing at the Kadthal Srisailam Highway.


1. Strategic Location

Kadthal’s strategic location near Hyderabad plays a pivotal role in the surge of land rates. Hyderabad, known as the “City of Pearls,” is one of India’s leading IT hubs and a rapidly growing metropolitan city. Kadthal’s proximity to this major urban center makes it an attractive option for residential and commercial development. The Regional Ring Road (RRR) that would connect to Hyderabad’s Outer Ring Road has been given top priority by the Central Government. The Ministry of National Highways recently included the RRR in its Action Plan 2047, The town is well-connected to Hyderabad through the Srisailam Highway (NH-765), making commuting easy and convenient. This accessibility has piqued the interest of investors looking for land close to Hyderabad but at more affordable rates.

2. Hyderabad Fourth City:

One of the most significant developments influencing Kadthal’s real estate market is the Hyderabad Fourth City project. As one of the largest integrated pharmaceutical hubs in the world, this project is set to create thousands of jobs and attract various industries to the area. Kadthal’s proximity to Fourth City makes it a prime location for residential, commercial, and industrial investments. As the project progresses, the demand for land in Kadthal is expected to rise, pushing up land rates even further.

3. Improved Connectivity

Kadthal benefits from excellent connectivity, which is another critical factor driving up land prices. The  Hyderabad Regional Ring Road Latest Update (RRR) is a pivotal infrastructure project to enhance connectivity and foster economic growth in the Hyderabad metropolitan region. Spanning approximately 350 kilometers, this ambitious project will serve as an outer bypass to the existing Outer Ring Road (ORR),  The town is situated along the Srisailam Highway (NH-765), providing direct access to Hyderabad and other major towns. Additionally, Kadthal is well-connected by local roads such as Santhapur Main Road and Hyderabad-Kadthal Road. The town is also relatively close to key transportation hubs, including the Rajiv Gandhi International Airport (approximately 50 km away), Hyderabad Railway Station (around 40 km away), and Shadnagar Railway Station (about 20 km away). The availability of public transportation, including bus services, further enhances the town’s accessibility, making it a desirable location for real estate investments.

4. Infrastructure Development

Kadthal is witnessing substantial infrastructure development, which is contributing to the increase in land rates. The implementation of the Indicative Land Use Plan, a part of the Hyderabad Metropolitan Development Authority (HMDA) master plan, is transforming Kadthal into a well-planned town with modern amenities. The plan includes the development of layouts, commercial complexes, highways, transport hubs, and industrial sectors. These developments are expected to attract more businesses and residents to Kadthal, thereby increasing the demand for land and driving up prices.

5. Emerging IT and Industrial Hubs

The growth of IT and industrial hubs near Kadthal is another reason for the rising land rates. Kadthal is within proximity to some of Hyderabad’s major IT parks, including Hitec City and Gachibowli. Additionally, the development of industrial zones like E-City (Fab City) and WIPRO’s Electronic System Design and Manufacturing (ESDM) clusters are creating a surge in job opportunities. As more professionals and industries move closer to these hubs, the demand for residential and commercial plots in Kadthal is growing, leading to higher land values.

6. Educational and Healthcare Facilities

The presence of reputable educational institutions and healthcare facilities in Kadthal enhances its appeal as a residential destination. The town is home to several respected schools and colleges, such as Fortune Butterfly City School, Akshara School of Excellence, and Nishitha College of Engineering & Technology. Additionally, Kadthal offers comprehensive healthcare services with hospitals like Naveena Hospital, Sri Satya Sai Hospital, and Vishwaja Clinic. The availability of quality education and healthcare facilities makes Kadthal an ideal location for families, which in turn drives up the demand for land and increases prices.

7. Commercial Growth

Kadthal is experiencing a boom in commercial establishments, further boosting its real estate market. The town has seen the development of shopping malls like K’s Shopping Mall, Mahadev Shopping Mall, and BSR Shopping Complex, as well as restaurants such as New Sanddarshini Family Restaurant and Vikram Restaurant. These amenities not only cater to the needs of the local population but also attract visitors from nearby towns. The growth of commercial infrastructure contributes to the town’s economic development, making it a more attractive location for real estate investment and leading to higher land rates.

8. Tourism and Cultural Significance

Kadthal is home to several key landmarks that add to its cultural and tourism appeal. Notable sites include the Maheshwara Maha Pyramid and the Maisigandi Maisamma Temple, which draw visitors from various parts of the region. The influx of tourists has a positive impact on the local economy and increases the demand for land for both commercial and residential purposes. As a result, the town’s cultural significance contributes to the rising land prices.

Source: Facebook

9. High Resale Value Potential

Investors are increasingly drawn to Kadthal due to the high resale value potential of the land in the area. With the rapid development and growing demand for real estate, land prices in Kadthal are expected to appreciate significantly in the coming years. This potential for high returns on investment makes Kadthal an attractive option for both short-term and long-term investors. As more people seek to capitalize on this opportunity, the competition for land increases, driving up prices.

10. Government Support and Initiatives

The Telangana state government has been proactive in promoting Kadthal as a key area for development. Various government initiatives aimed at improving infrastructure, supporting industrial growth, and encouraging real estate investments have contributed to the town’s rising land rates. Policies such as the HMDA’s master plan and the development of Hyderabad’s fourth City have created a favorable environment for investment in Kadthal. Government support ensures the town’s continued growth, making it a lucrative option for investors and driving up land prices.


Also Read: Narsingi: Why invest in Narsingi, Hyderabad?: Reasons Must You Know


Kadthal Average Residitional Plot Cost:

Plot Size (sq yd)LocationDTCP ApprovedPrice (₹)
155MaisogandiYes15,50,000
135MaisogandiYes13,50,000
200MaisogandiNot specified20,00,000
150Not specifiedYes15,00,000
180MaisogandiYes18,00,000
160Not specifiedYes16,00,000
130Not specifiedYes13,00,000

Conclusion

Kadthal’s rise as a real estate hotspot is driven by a combination of factors, including its strategic location, improved connectivity, infrastructure development, and government support. The ongoing projects like Hyderabad Pharma City, emerging IT and industrial hubs, and the town’s growing commercial and cultural significance make it an attractive destination for investors. As Kadthal continues to develop, land rates are expected to rise further, making now an ideal time to invest in this promising town.

Frequently Asked Questions:

Q1. Is Kadthal a good place to invest in real estate?

Yes, Kadthal is an excellent place to invest in real estate due to its strategic location, ongoing infrastructure developments, and the Hyderabad Pharma City project.

Q2. What is driving the increase in land rates in Kadthal?

The increase in land rates in Kadthal is driven by factors such as improved connectivity, infrastructure development, the Hyderabad Pharma City project, and the town’s proximity to Hyderabad.

Q3. Are there any major projects planned for Kadthal?

Yes, major projects such as the Hyderabad Fourth City and the Indicative Land Use Plan are planned for Kadthal, which are expected to drive further development and increase land rates.

Q4. What are the future prospects for Kadthal’s real estate market?

The future prospects for Kadthal’s real estate market are bright, with expected growth in demand for residential, commercial, and industrial plots, leading to continued appreciation in land values.

Q5. How can I invest in Kadthal?

You can invest in Kadthal by purchasing open plots from reputed developers offering HMDA and DTCP-approved layouts. It is advisable to conduct thorough research and consult with real estate experts before making an investment.


Suggested Articles:

Why Invest in Kadthal Hyderabad? Benefits of investing at the Kadthal Srisailam Highway.

Why Invest in Shadnagar?: Top Reasons to Invest in Shadnagar,TG

Shamshabad Real Estate Overview: Why invest in Shamshabad?

LEAVE A REPLY

Please enter your comment!
Please enter your name here