Title: Nizampet: A Rapidly Developing Suburb
1Nizampet A Rapidly Developing Suburb
2- Nizampet is one of the fastest developing suburbs
situated at Quthbullapur Mandal, in the
Rangareddy district of the Hyderabad city. - Being in close proximity with many IT corridors,
it is surrounded by many huge constructions
having many flats, colonies and even villas in
Nizampet. - This locality is strategically located connecting
the National Highway 9 with the Inner Ring Road
of the Hyderabad City. - The most important factor which attracts many
buyers to invest in this locality is its humble
price and pollution free surroundings. - There is also a lovely lake near Nizampet the
Pragatinagar Lake in the Rangareddy district,
which is a local tourist spot.
Ref http//www.whatishowto.net/2013/08/06/
nizampet-a-rapidly-developing-suburb/
3- Nizampet is famous for its colonies and housing
societies. Some of them include Brindavan Estates
(Brindavan Colony), which is considered to be one
of the oldest duplex housing societies in
Hyderabad city, Balaji Park Town, Narayana Reddy
Huda Colony, Balaji Hills and Kolan Tulasi Reddy
(KTR). - There are many educational institutes for higher
education including schools and colleges in the
surrounding areas. Some of them include, - Gokaraju Rangaraju College of Pharmacy
- Rishi UBR
- Rajadhani Residential School
- Jawaharlal Nehru Technological University (JNTU)
- Real estate developers construct many flats in
Nizampet in the surrounding areas of these
schools and colleges, attracting many buyers of
middle and upper middle class sections
Ref http//www.whatishowto.net/2013/08/06/
nizampet-a-rapidly-developing-suburb/
4- Nizampet attracts a mix of software
professionals, Government officials and
businessmen, as it has the major advantage of
having good connectivity with major areas like
the Hitech City, Kukatpally, Balanagar, and
Begumpet. - Flats for sale in Nizampet are priced at easy
affordable rates when compared with other areas
of the city. - The price of residential flat for sale in
Nizampet is in the range of Rs 2291 to Rs 2539
per square feet. - So the average price of 2BHK flats for sale in
Nizampet can be around Rs 23.5 lakhs (935 square
feet). - And the average price of residential plot is
around Rs 2539 per square yard. - As the area experiences a good demand in recent
times, because of its close proximity to major
areas of the city, the price appreciation of this
locality is expected to go up in the near future.
Ref http//www.whatishowto.net/2013/08/06/
nizampet-a-rapidly-developing-suburb/
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