Wednesday, 5 March 2014

Plots for sale in Hyderabad uppal are a Golden investment

While Hyderabad witnessed maximum demand for multi-storey apartments, a healthy demand was also reported in residential homes. This demand was determined in certain pockets such as Uppal. Uppal is one of the prominent localities in Hyderabad. Compares to multi-storey apartments, plots for sale in Hyderabad uppal recorded keen interest of home buyers.

The locality has other advantages:
  • o   Reliance Fresh closeby
  • o   A Municipal Park
  • o   A guest house
  • o   A Survey of India Park

A lot of residential areas like Laxmi Nagar Colony, S S Nagar, Ravindra Nagar, Pragathi Nagar, and many others are located within a few kilometres of Uppal. Homebuyers searching for large spaces within a reasonable price range prefer this region. The presence of several IT industries in the area makes it a popular residential destination among corporate homes and IT experts. Thus, a buyer belonging to the middle and upper-middle class does not mind paying a little extra for the significantly larger place that they get in return.

Buyers are willing to put in that extra cash to get the convenience of an independent home. The proximity to Outer Ring Road and good future prospects attract investors to this place. Being connected to all corners of the city, Uppal is a perfect investment destination for residential property buyers. Presence of metro connectivity and software parks in the place is added attributes of the region, which mean that investment in this area is likely to see between 9-17% returns. Average apartment rates in this region range from Rs. 2500 TO 3000/- per sq. ft. Average land rates are Rs. 2300/- per sq. ft.