Investing Wisely: Research Tips for Open Plots in Hyderabad
As the bustling city of Hyderabad continues to grow and expand, the real estate market in the region presents a golden opportunity for investors. However, making a sound investment decision is not as simple as it may seem. With various locations to choose from, it’s imperative to conduct thorough research before diving into the world of open plot investments. In this blog, we’ll walk you through six key points to consider before you invest in open plots in Hyderabad.
- Budget Matters
Your investment journey starts with establishing a budget. It’s the foundational pillar upon which your entire strategy will be built. Hyderabad’s real estate market offers a wide range of options, from budget-friendly to high-end investments. Determining how much you can comfortably invest is crucial.
For example, let’s say you have two budget options: 15 lakhs or 40 lakhs. Your budget will significantly impact the location and size of the open plot you can consider. With a 15 lakhs budget, you can target a 150 sq. yds plot at a rate of 10,000 per sq. yd. Conversely, if you’re looking at a 40 lakhs budget, you can aim for a 200 sq. yds plot at the same rate.
- Term of Investment
Are you in it for the long haul or looking for a quick turnaround? Your investment horizon is a critical factor that will influence your choice of location.
Short Term: If you intend to rotate your investment in 2 years or less, you should focus on areas with fast-moving real estate, even if they are further from the city.
Medium Term: For a 4-6 year horizon, you have the flexibility to explore locations that offer a balance between returns and stability.
Long Term: If you plan to let your investment grow for the next 10 years or more, you can consider areas that are farther from the city and offer more land for your money.
- Location, Location, Location
Location is the linchpin of real estate investments. Depending on your budget and investment horizon, you’ll need to choose the right location. Areas near the Outer Ring Road (ORR) command higher rates, often exceeding 20,000 per sq. yd. However, locations further from the ORR are more affordable.
Also, consider the connectivity of the location to Hyderabad. National highways and state highways play a pivotal role in this. In Hyderabad, three key highways are driving real estate growth: Srisailam Highway, Mumbai Highway, and Bangalore Highway. Each offers unique advantages, so it’s important to pick one based on your needs.
- Connectivity Matters
Excellent connectivity is always a boon for real estate investments. Proximity to national highways and state highways is a significant advantage. Here’s a snapshot of connectivity in each of the three key highways:
Srisailam Highway: Close to the Outer Ring Road (ORR), has good road connectivity, and there is a proposal for metro extension till Tukkuguda. The airport is just a 15-20-minute drive away.
Mumbai Highway: Offers road connectivity to the city and has some railway stations. However, air connectivity is a bit farther from Rajiv Gandhi International Airport.
Bangalore Highway: This highway is highly active, with Shadnagar emerging as a prominent residential location. It features MMTS connectivity, and the Rajiv Gandhi airport is just 25 minutes away.
- Upcoming Developments
To gauge the potential for growth and returns on your investment, it’s essential to keep an eye on developments in the chosen location. Here are some notable developments in the three highways:
Srisailam Highway: Proximity to ORR, the proposal for metro extension, NH44, and even a zoo proposal are key attractions.
Mumbai Highway: Developments around Kandi, Sadashivpet, new industries, employment opportunities, government initiatives, and educational institutions contribute to the area’s growth.
Bangalore Highway: Features industrial SEZs near Kothur and Shadnagar, the announcement of new data centers by tech giants like Microsoft and Amazon, the Regional Ring Road junction at Shadnagar, NH 44, and the proposed Pharma City.
- Builder Credibility, Approvals, and Locality
After fine-tuning your budget, highway, location, connectivity, and gauging future developments, it’s time to consider the credibility of the venture builder in the chosen location. Look for approvals like HMDA and RERA, check their track record with previous developments, and assess the amenities they offer.
Finally, visit the venture physically to confirm the developments and connectivity. This on-ground research is invaluable in making the final decision.
Example Scenarios for Your Consideration
Let’s illustrate these points with two examples:
Example 1:
- Budget: 15 Lakhs for 150 – 180 sq yds
- Term of Investment: Long Term
- National Highway: Bangalore Highway
- Connectivity: Road, Rail (MMTS), and Airway
- Upcoming Developments: RRR, NH44, Zoo Proposal, etc.
- Approvals: DTCP, RERA
- Locality: Shadnagar, Kammadanam, Raikal, etc.
Example 2:
- Budget: 40 Lakhs for 200 sq yds
- Term of Investment: Short-term
- National Highway: Srisailam Highway
- Connectivity: Road, Metro, and Airway (Close to Airport)
- Upcoming Developments: Pharma City, Fab City, villa communities, etc.
- Approvals: HMDA, RERA
- Locality: Tukkuguda, Lemoor, Thummaluru
In both examples, the considerations differ based on budget, investment horizon, and the highway chosen. These scenarios exemplify the importance of aligning these factors with your investment goals.
How We Can Help
At VBVR Projects, we understand that navigating the real estate market can be overwhelming. Our expert team is here to assist you in finding the best open plot that suits your unique requirements. Whether you’re aiming for a long-term investment or a quick turnaround, we have the knowledge and experience to guide you through the process. With our expertise, you can make an informed decision and unlock the full potential of your investment in Hyderabad’s thriving real estate market.
In conclusion, investing in open plots in Hyderabad offers an array of opportunities. By carefully considering your budget, investment horizon, location, connectivity, upcoming developments, builder credibility, approvals, and locality, you can make a well-informed investment decision that maximizes your potential for high returns.
Contact us today, and let’s embark on this exciting journey together, as you uncover the best open plot investment opportunities Hyderabad has to offer.
