Why Shankarpally is a Great Place to Invest in Real Estate?

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shankarpally real estate
shankarpally real estate

About Shankarpally

Shankarpally is a town located in the Rangareddy district of the Indian state of Telangana. It is situated at a distance of around 45 kilometers from Hyderabad, the capital city of Telangana. Shankarpally is well connected to Hyderabad through road and rail networks.

The town is known for its scenic beauty and is surrounded by hills, lakes, and forests. It is also home to several temples and historical monuments. One of the popular attractions in Shankarpally is the Osman Sagar Lake, which is located nearby and offers boating facilities to visitors.

Shankarpally Town
Shankarpally Town

Shankarpally is also emerging as a residential area due to its proximity to Hyderabad and the availability of land at reasonable prices. Many people from Hyderabad are now moving to Shankarpally for peaceful living and easy access to the city.

The economy of Shankarpally is primarily based on agriculture, with the cultivation of paddy, maize, and vegetables being the main occupations of the local population. However, in recent years, industries such as pharmaceuticals and information technology have also been established in the town, providing employment opportunities to the locals.

Overall, Shankarpally is a town with a rich cultural heritage, natural beauty, and emerging economic opportunities, making it a desirable place to visit or live in.

How to Reach Shankarpally

By Road: The easiest and most convenient way to reach Shankarpally from Hyderabad is by road. You can either hire a taxi or take a bus from Hyderabad to Shankarpally. The journey takes approximately 1-2 hours, depending on traffic conditions.

By Train:

Shankarpalli Railway Station
Shankarpalli Railway Station

You can also take a train from Hyderabad to Shankarpally. Shankarpally has its Own Railway station. From there, you can take a taxi or bus to reach Shankarpally.

By Air: The nearest airport to Shankarpally is the Rajiv Gandhi International Airport in Hyderabad, which is located about 50 kilometers away. From the airport, you can take a taxi or bus to reach Shankarpally.

Schools, Colleges, Hospitals, and Banks Nearby Shankarpally

Here are some of the prominent ones:

Schools Nearby Shankarpally:

Delhi Public School
Delhi Public School
  1. Silver Oaks School
  2. Delhi Public School
  3. Phoenix Greens International School
  4. Tata Institute of Social Sciences
  5. Chirec International School

Colleges Nearby Shankarpally:

Malla Reddy Institute of Technology and Science
Malla Reddy Institute of Technology and Science
  1. Malla Reddy Institute of Technology and Science
  2. Mahatma Gandhi Institute of Technology
  3. GRIET – Gokaraju Rangaraju Institute of Engineering and Technology
  4. MGIT – Malla Reddy Engineering College
  5. Guru Nanak Institutions Technical Campus

Hospitals Nearby Shankarpally:

  1. Pranaam Hospital
  2. Sindhura Hospital
  3. Sai Bhavani Super Speciality Hospital
  4. Janani Hospital
  5. Apollo Clinic

Banks Nearby Shankarpally:

  1. State Bank of India
  2. ICICI Bank
  3. HDFC Bank
  4. Andhra Bank
  5. Axis Bank

Investment Scope In Shankarpally

Here are some of the investment scopes nearby Shankarpally:

Real Estate: Shankarpally is seeing rapid growth in real estate development, and there are several residential and commercial projects underway. With the increasing demand for affordable housing, investing in real estate in this area can be a good opportunity for long-term returns.

Agriculture: Shankarpally is located in a region with fertile soil and favorable weather conditions, making it ideal for agriculture. There are opportunities for investing in farming, horticulture, and floriculture.

Education: With the growing population in Shankarpally, there is a need for good-quality educational institutions. Investing in the development of schools, colleges, and training centers can be a profitable opportunity.

Tourism: Shankarpally is situated near several popular tourist attractions, including the Osman Sagar Lake, Chilkur Balaji Temple, and Gandipet Lake. Investing in the development of tourism infrastructure, such as hotels and resorts, can be a lucrative opportunity.

Healthcare: With the increasing population in Shankarpally, there is a growing demand for quality healthcare services. Investing in the development of hospitals, clinics, and diagnostic centers can be a profitable opportunity.

Industries Nearby Shankarpally

Some of the significant industrial areas located near Shankarpally include:

Patancheru: Patancheru is located around 18 km from Shankarpally and is a significant industrial area in Hyderabad. It is home to several large-scale industries such as pharmaceuticals, chemicals, and textiles.

BHEL:

BHEL
BHEL

Bharat Heavy Electricals Limited (BHEL) is located around 20 km from Shankarpally and is one of the largest engineering and manufacturing companies in India. The area is home to several ancillary industries that support BHEL’s operations.

Sangareddy: Sangareddy is located around 20 km from Shankarpally and is an upcoming industrial area in Hyderabad. It is home to several industries such as pharmaceuticals, textiles, and food processing.

About Shankarpally Real Estate

Shankarpally Real estate Lands
Shankarpally Real estate Lands

Shankarpally is a rapidly developing suburb located on the outskirts of Hyderabad, India. The real estate market in Shankarpally has been growing steadily over the years, with several residential and commercial projects being developed in the area. The demand for real estate in Shankarpally is driven by several factors, including its peaceful surroundings, excellent connectivity to Hyderabad, and affordability compared to other areas in the city.

One of the most significant advantages of investing in Shankarpally’s real estate market is its strategic location. It is situated on the Hyderabad-Mumbai highway, providing easy access to the Rajiv Gandhi International Airport and other significant commercial hubs. The area is also close to several educational institutions, including the Indian School of Business, the University of Hyderabad, and the Indian Institute of Technology Hyderabad, making it an attractive location for students and faculty members.

In terms of residential real estate, Shankarpally offers a range of options, including apartments, villas, and plots. The area’s residential properties are known for their affordability, spaciousness, and excellent amenities. The commercial real estate market in Shankarpally is also booming, with several companies setting up their offices in the area.

However, like in any other real estate market, it is essential to conduct proper research and due diligence before investing in Shankarpally’s real estate. It is advisable to consult with a real estate expert who can guide you through the local market dynamics, property prices, and potential risks associated with investing in the area.

Upcoming Developments Nearby Shankarpally

Some of the upcoming developments near Shankarpally that may impact its real estate market include:

Hyderabad Pharma City: This is a massive pharmaceutical industrial park being developed by the Telangana government. It is situated close to Shankarpally and is expected to generate significant employment opportunities in the area.

Regional Ring Road: The Hyderabad Regional Ring Road is a proposed 290 km long expressway that will connect several parts of the city. The project is still in the planning stages, but if it goes ahead, it could significantly improve the connectivity of Shankarpally with other parts of the city.

Proposed IT Parks: There are several proposals for the development of IT parks in and around Hyderabad. If these projects materialize, they could bring in more employment opportunities and attract more investors to the area.

Shankarpally HMDA Master Plan 2031

The Hyderabad Metropolitan Development Authority (HMDA) has prepared the Master Plan 2031 for the Hyderabad Metropolitan Region, which includes Shankarpally. The HMDA Master Plan 2031 is a comprehensive plan that outlines the development strategy for the Hyderabad Metropolitan Region until 2031.

Shankarpally HMDA Master Plan 2031
Shankarpally HMDA Master Plan 2031

According to the HMDA Master Plan 2031, Shankarpally is designated as a suburban zone. The plan proposes the development of residential, commercial, and industrial areas in the suburb. The plan also proposes the development of infrastructure facilities such as roads, water supply, drainage, and sewage systems to support the growth of the area.

Some of the key features of the HMDA Master Plan 2031 for Shankarpally include:

  1. Development of new residential layouts and townships.
  2. Establishment of commercial centers and shopping complexes.
  3. Provision of social infrastructure such as schools, hospitals, and community centers.
  4. Development of industrial areas to promote economic growth.
  5. Upgradation of existing infrastructure facilities such as roads, water supply, and drainage systems.

The HMDA Master Plan 2031 for Shankarpally is expected to provide a framework for the sustainable development of the area. The plan aims to create a well-connected and livable environment that meets the needs of its residents and businesses. However, it is essential to keep in mind that the successful implementation of the plan will depend on various factors such as government policies, private investments, and community participation.

Land Rates In Shankarpally

According to the 2023 year and development of an area, the land rates in Shankarpally is One Square Yard Price is above 25,000Rs (HMDA).

Note: Do not have fixed prices for the plots mentioned above. The Prices depend on choosing the area and real estate development.

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FAQ(Frequently Asked Questions)

Q: What is the Pincode of Shankarpally?

A: The Pincode of Shankarpally is 501203.

Q: Who is the MLA of Shankarpally?

A: Kale Yadaiah is the MLA of Shankarpally.

Q: Is it good to Invest In Shankarpally Real Estate?

A: Yes, it is good to Invest In Shankarpally Real Estate.

Q: Which district is Shankarpally Located in?

A: Shankarpally is Located in Rangareddy District.

Q: How long distance is between Hyderabad to Shankarpally?

A: 45km distance is between Hyderabad to Shankarpally.

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