Month: August 2023

Medchal Real Estate: A perfect place to Invest

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Located in Medchal-Malkajgiri district and around 25 kms away from the North of Hyderabad, Medchal is gearing up to become the hotspot of the city.

The town is strategically located in the proximity of the Rajiv Gandhi Airport, the Outer Ring Road and the National Highway 44. This area has several educational, healthcare centres, shopping centres and other amenities that are convenient to the audiences.

Seamless Connectivity 

The three National Highways (43,44 and 65) and the State Highway 17 provides access to the city of Hyderabad. A variety of public transport make their way to this area, making it a better connectivity.

Why invest in Medchal?

Located in Hyderabad’s North Zone, Medchal is exponentially developing, which has resulted in a lot of attention from potential buyers in the past few years such as:

Real Estate: The growth of the town’s infrastructure and connectivity has resulted in a growing demand for residential and commercial properties in Medchal.Real estate investment in Medchal has been growing steadily, and several residential and commercial projects are underway.

Industrial Investment: Medchal has a growing industrial sector, offering opportunities for industrial investment in various sectors like pharmaceuticals, electronics and textiles. The town also provides infrastructure and other facilities to small and medium-scale industries.

Information Technology: With the establishment of many IT companies in the area, it offers investment opportunities in software development, digital marketing  and IT support.

Healthcare: Medchal has several hospitals and healthcare facilities that offer  investment opportunities in healthcare administration, medical equipment and healthcare services.

Education: Medchal has a significant presence in educational institutions ranging from primary schools to colleges, offering investment opportunities in the education sector.

Property Market in Medchal

Medchal is a major property market on Hyderabad’s northern outskirts. It is well-liked among both investors and buyers. There are massive lands and potential for additional construction. The region offers a variety of residential plot options, most of which have been approved by the HMDA.

According to sources, 27% of houses for sale in Medchal are in the category of INR 20 Lac – 40 Lac, while 24% are in the range of INR 40 Lac – 60 Lac. This area’s most prevalent room configuration is 2 BHK, which accounts for approximately 59% of all houses for sale. 60% of properties here are residential plots.

The growing popularity for the area has also contributed to the hike in open plots where the buyers have an upperhand to customise their homes as per their fancy.

At TMR Green Meadows, we offer open plots that are 30 minutes from Medchal, which is well-connected to the city.

To know more about TMR Green Meadows or TMR Group log on to https://tmrinfra.com/

The rising demand for plots near suburban areas

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Owning a space that is away from the chaotic city life has been a dream for many. After COVID-19, this started to turn into a reality as work from home was a common sight. From offices to educational institutions, the world had virtually come closer which resulted in the demand for independent spaces. People started to move out from Tier-I cities to the suburbs or even smaller towns for spacious accommodation.

In Hyderabad, the value of plotted properties rose to 21 percent between 2018 and 2021, indicating a sharp increase in the demand for such properties.

Here are some of the reasons which have contributed to the increase in demand for plots in suburban areas.

Low population:

Most people prefer plotted development projects in city suburbs, as they have a low density population. They seek to live in a peaceful environment and hence make a switch to such parts of the city.

Flexibility in construction:

A piece of land offers the freedom to design the house in the way you like. It can help you express individuality and fit your way of life. Hence, the flexibility of construction is chosen over the restrictions in an apartment.

Affordable land rates: 

Low-priced plots in the outskirts of Hyderabad are a preferred option, as it allows a better scope for price appreciation. The increased land rates in the city have contributed to the affordability.

Quality of life:

The growing popularity of Hyderabad has contributed to the development in the real estate sector. With ample resources like water, land, electricity and the freedom to utilize them, the quality of life in the suburbs is preferred.

People have started flocking away from the hustle-bustle of the city towards the suburbs, where the peace and slow life is loved.

TMR Group ensures the best of tranquil living experience and vibrant city life.

To know more visit our website https://tmrinfra.com/