Now that the Congress has retained its power and has shown a stable government, the real estate market is slowly picking up the momentum. The one area that many are watching out for is the Patancheru area which was once a noted Industrial area but today all are gone as per the government’s directive.
Now, there is news that this area is going to be the hottest one for investment by the year 2010 where prices will touch Rs 7000 per sq yard. It is also said that big projects are being planned on that side and there is also one master plan that is revolving around this area.
There is the ring road which will be taking shape in that area and it is heard that many in the congress party have already started buying lands in bulk quantities since they know the future of this place. So those of you who have some bits there, you must call yourself lucky.