Hyderabad is the most reasonable city when it comes to real estate prices and among various places in Hyderabad, Shamshabad has the most commercially mature real estate market in recent times. Despite the budget change and other political and economic chaos commerce in Hyderabad, the city has successfully thrived which has led to creating lakhs of job vacancies in various sectors and as a result, people from all over the nation are migrating to the state. Most of the cities in Hyderabad are nearly saturated, but there is a lot of real estate exploration yet to happen, which is why Shamshabad real estate prices are more affordable than other areas. Shamshabad was a village of Ranga Reddy district, but with the recent development of Rajiv Gandhi International Airport, Shamshabad has become the real estate capital of Hyderabad. In the last few years, there has been a demand for commercial and residential properties in Shamshabad and yet Shamshabad real estate prices seem to be reasonable. It has become the most promising real estate destination in Hyderabad for home buyers.
The major attraction of this place is the connectivity which links the area to all the major commercial hubs and other important parts of Hyderabad. The residential place in Shamshabad is 5 minutes away from the international airport. Also, the NH7 road that connects Bangalore and Outer Ring Road assure good connectivity to Shamshabad. The government has also released budgets to improve travelling conditions for people. There has been an increase in the number of Public buses and trains to facilitate day to day commuting easy and safe.
The availability of residential apartments is very limited which intensifies the demand even more. Builders like Aparna Constructions are coming up with luxury residential projects that offer an elevated and contemporary lifestyle to the buyers. Investment in such property will also help you cash on on the rising Shamshabad real estate prices.
There are some of the biggest employment hubs near Shamshad like:
β HITEC City which is the biggest IT hub of Hyderabad is only 30 km away from Shamshabad, but the same distance can be covered in 20 minutes through Outer Ring Road.
β Madhapur, Kothaguda, Koti, Secunderabad and other major commercial hubs of Hyderabad are well connected to Shamshabad by Outer Ring Road and NH7.
There are reputed schools in Shamshabad like Bala Yesu Vidyalayam and Infant Jesus International School. Also, leading hospitals like Indra hospital and Kavya Hospital along with shopping malls like Attapur are nearby.
In 2019, Shamshabad real estate prices grew at a rate of 3.3 percent. Real estate gurus predict that this year Shamshabad real estate prices will rise at a 2.8 percent rate.