City Search:SECUNDERABAD

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Secunderabad: Where to look for flats within Rs 30 lakh

Posted on Oct 31, 2014
Located within 10 km from the centre of Secunderabad – Marredpally, Alwal, Sainikpuri and Yapral are few localities that have something to offer in common! Along with proximity to the army cantonment area, the data with Magicbricks shows that these localities are offering 2BHK apartments within Rs 30 lakh. All these localities are situated within 5 -8 km from each other and are being eyed by those looking for spacious apartments within the affordable range.

“Secunderabad is well known for plots and independent houses, however, with increasing demand for housing, multi-storey apartments are also making a slow presence,” says Anil Reddy, realtor at AREL Constructions.

Marredpally

Located at a distance of 2 km from Secunderabad, Marredpally is the closest among all the localities. Despite being closest and well developed, the locality offers affordable properties with good connectivity. A 2BHK unit at Marredpally is up for sale in the price range of Rs 30-60 lakh. But if you go towards the east part, you can find few options of 2BHK units within Rs 28-30 lakh also. These are available in the size range of 900-1000 sq ft.

Enroute to the Inner Ring Road, Hitec City is about 20 km away. The Secunderabad Railway Station is less than 3 km away, the old airport at a distance of 4 km and the Rajiv Gandhi International Airport is at a distance of 30-35 km.

Moreover, RTC buses ply in the locality with the Jubilee Bus Stand stretching its services to the entire city. Begumpet is situated at a distance of 5 km from Marredpally.

Alwal

Alwal is 8 km from the centre of Secunderabad. “Most properties in Alwal are in gated communities that offer G+2 to G+5 buildings. A 2BHK unit here is available within sizes of 1000-1500 sq ft priced between Rs 20-30 lakh. The same configuration is available in the range of Rs 40-65 lakh and above in Hitec City,” says Gautam Mohapatra, a local realtor of Asterix Realfin Services.

Alwal, from the Green Hill Road and Medical Road, is easily accessible to Hitec City. The locality is about 9 km away from the Secunderabad Railway Station and about 40-45 km away from the Rajiv Gandhi International Airport.

Sainikpuri

Located strategically towards the north-east of the twin cities of Hyderabad and Secunderabad, Sainikpuri is offering large apartments at comparatively lower rates. It is about 9 km from Secunderabad.

Data with Magicbricks shows that one can easily find a 2BHK apartment of 1200-1900 sq ft size within Rs 15-17 lakh and a 3BHK of 2000-3000 sq ft within Rs 28-35 lakh here.

“Known as the cooperative housing society for retired army officers in the past, Sainikpuri today is an aspirational real estate area in Secunderabad. Along with affordable properties, the area is well-equipped in terms of social infrastructure. There are many educational institutes. Thus, customers do not mind travelling long distance for work to be able to give good education to their children,” says Venkateshwar Rao of VRV Constructions.

Yapral

If you go a little further, Yapral located within 10 km from Central Secunderabad, offers 2BHK unit of even bigger sizes than what is available in Alwal, within the same budget range. The data with Magicbricks shows that these units are within sizes of 1900-2500 per sq ft and priced at Rs 22-30 lakh. Capital values at Yapral range in between Rs 2,300-2,700 per sq ft.

These areas majorly offer gated community with modern amenities, fulfilling the daily requirements. There are gyms, supermarkets, clubhouses, worship areas within these gated communities. Since both these areas fall under the purview of the Greater Hyderabad Municipal Corporation (GHMC), the transport facilities and civic infrastructure such as water supply is well in place.

Yapral enjoys connectivity to Hitec City – IT hub – through the NFC Road and Dr AS Rao Nagar Road. Yapral is about 11 km away from Secunderabad Railway Station and about 40-45 km from the Rajiv Gandhi International Airport.

These areas are well-connected to the city and to the State and National Highways. The army cantonment area is nearby, attributing to safe and secured lifestyle in these localities.

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Hyderabad v/s Secunderabad: Where to invest?

Posted on Oct 20, 2014
Are you mulling over the idea of investing in property either in Secunderabad or Hyderabad and are not able to choose one? Here is an insight:Buying a property or investing in one is a tough decision. This includes location of interest, scope of price appreciation, based on buyers requirements and reasons. Few buy properties in growing areas, whil ...
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Get a 2000 sq ft flat within Rs 30 lakh in Sainikpuri

Posted on Sep 10, 2014
Sainikpuri has come a long way to become an aspirational real estate area it is now. The locality is strategically located towards the north-east of the twin cities of Hyderabad and Secunderabad, offering large apartments at comparatively lower rates in a lush green set-up. One can easily find a 2BHK apartment of 1200-1900 sq ft size within Rs 15-1 ...
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Greenery, calm environment drives realty at Bowenpally

Posted on Jun 13, 2014
An affordable property in a peaceful and serene environment with safe surroundings is all one needs to live a happy life.But can these reasons drive the real estate market of any locality? Yes, Bowenpally, located in Secunderabad cantonment area has set an example. The area has always been an attractive destination for homebuyers looking for serene ...
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Real estate in twin cities of Hyderabad & Secunderabad

Posted on Oct 23, 2013
HyderabadReal estate in twin cities of Hyderabad and Secunderabad in the last decade has witnessed both vertical and horizontal growth. One can find a property that suites his or her requirements and budget.Every place in the twin cities, be it small colonies or upscale locations, have seen growth and will continue to grow year on year.Many familie ...
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