Real estate news on Canít afford Uppal? Try Boduppal

IT/ITeS, Price Trends, SEZ, Residential Properties, Hyderabad
Posted on Sep 23, 2014
Uppal offers bungalows at a starting price of about Rs 40 lakh, a same size unit is available for about Rs 25 lakh in Boduppal. This price difference is attracting buyers from different earning segments including those working in the IT corridor of Gachibowli, government employees and small businessmen. A standalone residential house of 150 sq yard in Boduppal is available at a starting price of Rs 26 lakh while those available in gated communities are offered at Rs 29 lakh to Rs 40 lakh (depending upon the plot area and location). In contrast, Uppal offers a 1000 sq ft bungalow at a minimum value of Rs 40 lakh. These are ready-tomove-in and have basic furnishing. Boduppal is currently under the Gram Panchayat. The roads in the interior region are still being constructed and it is dependent on Uppal for basic amenities. is developing as several gated communities are coming up in the area. Boduppal are increasing because of the upcoming metro station and the presence of the IT SEZ at a driving distance of 10 minutes in Uppal. Investors, with a time horizon of two years, are coming to the locality irrespective of the kind of amenities offered or available. This metro line when ready will connect the locality to Mettuguda in north and Hitec City in West Hyderabad.

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