Why is this location of Hyderabad becoming a favorite destination of investment? Learn big reasons
Hyderabad is rapidly making its mark in India’s leading real estate hubs, and an area of this city – Miyapur – is becoming the first choice of investors and home buyers these days. Many factor like better connectivity, development in infrastructure, metro access and affordable price are making this place hotspot of real estate. If you are also thinking of investing in property, then know why Miyapur is becoming a favorite destination of investment.
Why the favorite location is being made?
According to a 99acres report, Miyapur in Hyderabad is located on the banks of NH-65, emerging rapidly as a famous residential and industrial area. The presence of luxury projects such as Candeur Twins has raised the level of premium living in this area. This is the reason that Miyapur is now becoming the top choice of modern homebayers. From diverse residential options provided by major builders, the best infrastructure and facilities are attracting home buyers to invest in Miapur.
Miyapur is close to employment centers
Behind the attraction of Miyapur, it also has the facility to get closer to large commercial and employment centers here. IT/ITES hubs such as Gachibouli and Hitech City, where corporate giants like Microsoft, Google, Amazon and Accenture are located only at a distance of 20–25 minutes. Also, technology parks like Cyber Gateway, Raheja Mindspace IT Park and Waveck SEZ are also about 30 minutes away, facilitating a professional. IDA Bollaram and Patanacherry industrial areas are also just 15 minutes away, there is also a better place for families.
Miyapur is equipped with great connectivity
Miyapur gets great connectivity inside and outside the city. The National Highway 65 passes through here, which directly connects the city’s major IT hubs. The main roads around Miyapur such as Bollaram Road and Miyapur Road make it extremely accessible in micro-market, making it easier to travel daily. The bus depot is just five minutes away, while the Miyapur metro station on the red line is also just ten minutes away. Lingampalli railway station can be reached in about 20 minutes for long distance trips, and is easily available within an hour through the Hyderabad Airport Nehru Outer Ring Road.
Strong social infrastructure in Miyapur
Extensive social facilities are available in Miyapur. The area has prestigious educational institutions, shopping centers, healthcare centers and entertainment sites, which are all easily reaching within a distance of about 10 kilometers. These facilities provide a comfortable and vibrant lifestyle to the residents of Miyapur.
High return on investment in Miyapur
According to 99acres, the average apartment in Miyapur is around ₹ 7,000 per sq ft, which is a great increase of 125 percent in the last five years. This makes it a beneficial investment site in Hyderabad. Many upcoming projects are expected to make the prices of houses and standard of living even better in Miyapur.
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