Lavishing Apartments, Flats in Shankarpally, Hyderabad

Mon, May 13, 2013

Building a Home

A city which is dominated by the IT industry, this southern capital of Andhra Pradesh has a lot to offer besides being a hot tourist destination. A lively 400 year old metropolis, this city has been the former seat of the wealthy Nizams and has a number of popular attractions. Some of these include ancient tombs and monuments such as Chote Hazrat Ki Dargah, Hussain Sagar, Mecca Masjid, Indira Park and notable prestigious institutions such as the International Institute of Information Technology, Gandhi Medical College and the National Academy of Legal Studies and Research. Hyderabad is divided into the ‘Old City’ as well as the ‘New City’ which are connected by many bridges. The city also has a twin city of its own known as Secunderabad.

Divided into five different zones; South, East, West, North and Central; Hyderabad has a number of colonies (circles), wards (150). Each ward has approximately 36,000 people living there.

Apartments in Hyderabad have been built to fulfil desires of all working professionals and in fact their value has increased owing to the increased number of IT companies in the city. 2 and 3 BHK apartments remain popular options for investors and real estate buyers with many people flooding into the central and suburban parts of the city. Banjara Hills, Bugumpet, Jubilee Hills in western Hyderabad; Mehdipatnam, Koti- commercial hub and Secunderabad are popular residential areas in the city. Apartments in majority of these localities are beneficial to the residents due to their proximity to markets, offices, hospitals, educational institutions, malls, etc.

Shankarpally, a village and Panchayat in the Rangareddy district of AP is located 35 kilometres from Hyderabad and is also 5 kms away from the IIT Hyderabad campus. This has contributed to the area becoming an increasingly popular real estate area with a number of people buying flats in Shankarpally. It is actually a suburban area of Hyderabad and is well known for its beauty and climate. A developing town, people are investing in buying plots of lands and having their own independent homes in this town. Various sites are already in their infantile stages and many are on-going projects with many people desiring to have a property in this area.

With many business centres, office spaces and IT companies located in Hyderabad and nearby Shankarpally, there has been a sudden increase in real estate buying in the city. Not only has it contributed to an increase in the properties of the area, but also the number of buyers.

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