Introduction
Chandanagar is a strategic location near NH-65 with the presence of IT hubs and key developers. Many factors contribute to the charm of Chandanagar real estate in Hyderabad. There are many opportunities, and the growing area is Chandanagar. So, investing in Chandanagar real estate is a good option. Openplot Why should you invest in this space? This explains why it is the best choice for investing.
Table of Contents
- Presence of Developers and Premium Inventory
- Improving Social Infrastructure
- Investment Options in Chandanagar Real Estate, Hyderabad
- Commercial and IT Hubs Development in Chandanagar
Chandanagar is one of the fastest-growing residential areas in West Hyderabad. Near Chandanagar are Gachibowli, Madhapur, and HITEC City. However, the booming real estate in Chandanagar has changed the landscape significantly. So, if now invest in Chandanagar real estate, future can gain more profits.
Presence of Developers and Premium Inventory
The housing market in Chandanagar is a mix of luxury projects from key builders. Espino by Avantika Constructions is one of the latest developments in the area. The Espino project built by Avantika Constructions is located in Chandanagar near Aminpur Lake. This gated community offers luxury 2 BHK and 3 BHK apartments. Spread over 7 acres, the project has six blocks of 10 floors and two-level parking.
The entire project has 550 units in 2 BHK configuration and 240 units in 3 BHK configuration. Configurations available in the project are 2 BHK units with super built-up area ranging from 1048 sq ft to 1300 sq ft. 3 BHK units range from 1450 sq ft to 1779 sq ft. Currently, the project is under construction and will be completed by November 2027. RERA number P01100003785 of The Espino by Avantika Constructions.
Improving Social Infrastructure
Chandanagar is a thriving micro-market offering an array of social amenities to enhance the lifestyle of its residents. Its proximity to major IT hubs and excellent connectivity to the rest of the city. Chandanagar has become a sought-after residential destination for professionals and families alike.
Its well-planned infrastructure, and green spaces. There are shopping centers that make it a desirable place to live in Hyderabad. The table below provides the social amenities within 5-10 km from “The Espino” in Chandanagar:
Educational Institutes | Healthcare Centers | Recreational Zones |
---|---|---|
International Institute of Information Technology | Medicover Hospital | Ameenpur Lake |
Spritridge International School | PRK Hospital | GSM Mall |
Sancta Maria International School | Pranam Hospital | Chennai Shopping Mall |
Oaktree Kidz International School | Ankura Children’s Women’s Hospital | RS Brothers |
Rainbow International School | Fernandez Outpatient Clinic | KLM Shopping Mall |
Hyderabad Central University | American Oncology Institute Citizen’s Hospital | GRT Jewells |
Investment Options in Chandanagar Real Estate, Hyderabad
Recently, the area has seen hundreds of new launches of affordable properties. The average price of a residential property is Rs. 3,750 per sq. ft. This section of the Hyderabad suburbs has attracted attention for its multi-community aspect. The development of infrastructure and amenities in the area has also contributed to its popularity among homebuyers. As a result, investors are showing increasing interest in this growing real estate market.
In Chandanagar Real Estate, Aparna Constructions is a leading developer operating in the region. The company has launched 7.13 acres gated community project named Hillpark Silver Oaks. It has spacious 2 and 3-BHK homes ranging in size between 1,240 sq ft and 1,700 sq ft.
Commercial and IT Hubs Development in Chandanagar
Commercially developing area. Chandanagar is near famous companies like BHEL, Bajaj Electronics, Reliance Digital, etc. The area is also well-connected to major IT hubs such as Hitec City and Gachibowli. It is an ideal location for professionals working in the tech industry.
With a range of amenities including shopping malls, restaurants, and schools nearby, Chandanagar offers a convenient and comfortable lifestyle for residents. These IT hubs are around 8 to 10 km. The house industry giants, like Microsoft, Wipro, TCS, Infosys, and Capgemini. Ameenpur SEZ and numerous SMEs are also just 4-6 km from Chandanagar. This makes Chanda Nagar a preferred location for techies.
Conclusion
Chandanagar Real Estate in Hyderabad is an excellent investment opportunity. With its rapidly growing infrastructure and development projects, Chandanagar is becoming a sought-after location for real estate investment. Investors can expect high returns and long-term growth potential in this thriving market.
The area’s proximity to major IT hubs and educational institutions makes it a desirable location for tenants, ensuring a steady rental income for investors. Chandanagar Real Estate presents a promising opportunity for those looking to capitalize on the city’s booming real estate market.
Also read Uttar Pradesh Stamp Duty and Property Registration Charges in 2024 Home buyers in Uttar Pradesh (UP) must pay stamp duty and registration fees as determined by the government. At the time of property registration in the state. Stamp duty is calculated based on the market value of the property. Krisumi Corporation to Develop 1,051 Luxury Units in Gurugram Krisumi Corporation is set to invest Rs 2,000 crores in Phase 3 and Phase 4 of Krisumi City. The comprising 1,051 luxury units in Sector 36A, Gurugram, Haryana. This investment is in addition to the land cost. The company aims to create a world-class integrated development. Goa Real Estate Market: Reasons for Young People to Invest in Villa and Housing Properties Investing in gated villas in Goa is attractive for the youth as this segment offers attractive rental yields and capital appreciation. Goa is a tourist destination. So, this is the reason for the increase in real estate. |