Introduction
Patancheru is a good housing hub in Hyderabad connected by ORR. The presence of pharmaceutical and IT firms has noticeably made it an attractive home market. boasting projects by several well-known developers such as Makuta Developers. Furthermore, home values in Patancheru have increased, reflecting strong investment potential.
Once an industrial hub on the outskirts of western Hyderabad, Patancheru is now transforming into a sought-after residential market. This suburb, famous for its chemical and pharmaceutical industries, is reinventing itself as a vibrant place to live. The shift is also a strategic move by the state government to move polluting industries away from the Outer Ring Road (ORR) precinct.
Reasons for Increasing Home Buyers in Patancheru
With a range of apartments and plots available at competitive prices, Patancheru serves as an attractive option for budget home buyers.
Undoubtedly, renowned developers offering quality projects with top-notch amenities add to the appeal of the region. Carving a niche for themselves, Makuta Developers is a prominent name in the Hyderabad real estate market, which recently launched a project- Makuta Nirvana. Spread across 6.97 acres, this residential development has eight towers in a G+14 floor layout. The project includes a seven-story clubhouse and a range of recreational facilities. The Telangana Rera number of Makuta Nirvana is P01100007273 and is expected to be completed by October 2028.
Affordable Housing Purchase
Patancheru offers a wide range of property options, from large land parcels to villas, independent houses, and apartments. But what makes Patancheru stand out in the real estate market is its affordability. Currently, the average property price in Patancheru is Rs. 5,000, (source: 99 acres). This rate is significantly lower than in nearby areas like Gachibowli and Kondapur, where prices average around Rs. 9,000. Patancheru has emerged as a fair market despite its double-digit growth year-on-year.
Moreover, Patancheru home market affordability does not come at the cost of amenities. Many ongoing projects, like Makuta Nirvana, are equipped with modern amenities to meet the desires of contemporary home buyers. A combination of affordability, property options, and quality amenities attracts buyers to invest in West Hyderabad.
Social Amenities
Social amenities in and around Patancheru | ||
---|---|---|
Educational institutes | Hospitals | Entertainment choices |
International School of Hyderabad | Indira Hospital | Saravana Shopping Mall |
Rainbow International School | Amedha Hospital | Sarath City Capital Mall |
Oakdale International School | Dhruva Hospital | Manjeera Mall |
St Josephs High School | RM Hospital | SSV Cine Square |
Conclusion
As we conclude your visit to Openplot.com, we want to express our gratitude for entrusting us with your real estate aspirations. Patancheru is now transforming into a sought-after residential market. Patancheru is a good housing hub in Hyderabad. The presence of IT firms makes Patancheru an attractive housing market.
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