Unlike Gachibowli and Hi-tech city in Hyderabad Madhapur did not rise to the rapid development, but it has emerged as a prominent real estate destination with gradually increasing urbanization and now it has well known as the prominent locality of Hyderabad. Although the supply and demand graphs in the region are very fluctuating but it has definitely managed to create an image of realty hotspot in the Hyderabad. Proximity of the region with various prominent localities and affordable property rates has attracted numerous developers to Madhapur real estate market.Real estate scenarioMadhapur and Nanakramguda both are major emerging real estate destinations in Hyderabad aided with proximity of IT/ITeS hubs like Gachibowli and Hi-tech City. Madhapur is witnessing continuous increase in price appreciation of properties in the past few years as it is located in west Hyderabad in the vicinity of Hi-tech City. The real estate market in madhapur has a strong influence of Hi-tech city’s real estate, as it comprises huge workforce looking for residential properties in the proximity of their offices. Madhapur has witnessed appreciation of about 10 per cent in the past one year owing to the huge demand from IT sector and comparatively lower prices. Although the price difference is not so high between Madhapur and Hi-tech city, but huge demand comes from IT professional hence real estate market of the region is much stable compared to other parts of the city.Not only residential market of Madhapur is witnessing high demand but also the commercial real estate is witnessing a huge growth as Hi-tech City and Gachibowli IT hub are saturating and demand for commercial properties is increasing day-after-day. Commercial canvas of Hi-tech City is gradually shifting towards Madhapur region with higher future prospects of becoming residential and commercial hub in the western Hyderabad. Average property prices in Madhapur range between Rs 3500-5000 per square feet while Gachibowli and Hi-tech City property prices range between Rs 4000-5500 per square feet.Madhapur also has an advantage of being in the proximity of Manikonda region which is emerging as a financial institutions’ hub in Hyderabad which is also influencing the property demands in Madhapur.Connectivity and InfrastructureMadhapur enjoys good connectivity and easy acess of prominent city location through road, especially Outer Ring Road and Hi-tech City road have the driving influence on Madhapur real estate. The region also has easy connectivity with NH-9 and Hyderabad International Airport which works as an added catalyst in the demand of the region. Madhapur is served by MMTS train service through Hi-tech station situated just 1 km away from Madhapur. Hyderabad Metro Rail which has been proposed by the Hyderabad Municipal Corporation is expected to connect Madhapur region through HI-tech city and its work is undergoing in the region which will boost the real estate market of madhapur once it comes online in the city. Apart from connectivity of the region, Madhapur is also coupled with a huge canvas of social infrastructure ranging from schools, bank, malls, colleges, shopping centers and entertainment zones which have made lifestyle residents’ living in the region very rich.Madhapur real estate has observed a consistent rise in property demands of the region, owing to the IT professionals form Hi-tech city and Gachibowli. Due to high demand of property in Madhapur many real estate developers are shifting their investment and development interest to this region providing a huge array of residential and commercial properties.займ на карту без отказов круглосуточновзять кредит онлайн
