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Real Estate: Investing In North Hyderabad For Future

Real Estate: Investing In North Hyderabad For Future

Hyderabad has witnessed remarkable growth over the decades. Areas like Madhapur, Gachibowli, and Kokapet evolved into sought-after destinations due to the software boom, NRI investments, and the establishment of an international-standard new city.

The western expanse has now stretched towards Vikarabad, making it evident that the next frontier for Hyderabad's growth is the northern region. 

Today, North Hyderabad, extending beyond Medchal, is poised for significant expansion. The area, filled with ventures established roughly two decades ago, has started yielding tenfold returns for early investors.

New infrastructure like a widened state highway and a large flyover are being constructed, indicating that this area will become the next major center after the west and southwest corridors.

The growth aims to support the interior Telangana region, reaching towards Nizamabad and beyond.

Not only the realtors but also the buyers in this region are confident that the area will fetch four times the investment in the next three to four years.

Some sellers said that they bought lands in ventures from Kallakal to Toopran for Rs. 1,500 per square yard 20 years ago and have now sold them for Rs. 20,000 per square yard recently, about a month ago.

With the establishment of the Gateway IT Park in Kandlakoya, momentum has reached Kallakal village and Toopran.

Additionally, the Kompally IT Park and the extension of Genome Valley 3.0 into Medchal further cement the area’s status as a future life sciences cluster.

The Medchal-Kandlakoya Industrial Belt is gaining prominence as a hub for warehouses, light manufacturing, and distribution, thanks to its access to the ORR and NH-44.

All these developments position Kallakal as a promising spot for open-plot investments, making it a prime candidate for future growth in North Hyderabad.

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Tags: Hyderabad Realestate