If you are aiming to make a real estate purchase such as a flat in Hyderabad, when your prerequisite is to find one at a reasonable price, you should look for 2 & 3 bhk flats for sale in Manikonda. Why, you ask? Well, gated community apartments in Manikonda have various options to look into within a budget.
Let’s get to know more about Manikonda:
It is situated to the west of Hyderabad. Manikonda is one such region that is fast expanding and has shown a strong level of expansion in terms of income over the last few years.
It is regarded as one of the most desirable areas in Hyderabad for acquiring residential properties in the IT pathways. People frequently want to live in a house close to their workplace. Manikonda is near IT hotspots such as Gachibowli, Raheja Plaza, Shaikpet, Hitech City, and Nanakramguda.
Most IT employees working in these areas consider the gated communities and apartments in Manikonda the finest spot to buy a home. Those who have been moved or relocated to different companies in other places in India can do so.
Why is Manikonda a suitable location for buying a flat?
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Excellent connectivity: Overflights and the Outer Ring Road make it easy to get to the airport and railway station (ORR). The forthcoming Shilparamam metro is also a positive point for connecting to distant parts of Hyderabad.
Furthermore, Manikonda is linked to the neighbouring IT Hub through the Old Mumbai Highway, enhancing its connectivity to Gachibowli and Hitech City. There are frequent bus services between it and Mehdipatnam.
Tourist destinations such as Golkonda, Qutub Shahi Tombs, and Osman Sagar Lake are nearby. Many national and worldwide reputed development builders and property developers have already constructed many housing projects and turned over ownership to customers.
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Rental Profits: Because of its closeness to IT centers, private housing rental returns operate well, with an estimated rental yield of 5.5 per cent. The rent for a two-bedroom apartment might range from Rs 10,000 to 25,000 per month, which is reasonable. Because of these characteristics, one should consider purchasing an apartment in Manikonda before buying a property in another nearby town. In addition, Hyderabad's projected ITIR Master Plan, which would be merged with the HMDA Master Plan, is expected to bring more organised urbanisation to the city's periphery. Additionally, purchasing a flat in Alkapur Township can also prove beneficial in terms of rental profits and investment returns in the long run.
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Presence of mainstream institutions: The region already has several vital and well-known basic infrastructures, such as the Manikonda Sports Club, which provides your wellness and refreshment. It offers well-kept public pools, squash court, and coaching programs for table tennis, baseball, and volleyball, among other sports.
Many contractors in the gated communities in Manikonda are constantly striving to bring in additional high-quality residential developments to meet the aspirations of future residents. Various commercial complexes, including pharmacies, colleges, restaurants, fitness centers, and banks, make Manikonda estates popular among house purchasers. Hence, it would be a good choice for an investor to purchase an apartment in Manikonda if their requirement is reasonable pricing.
With that being said, Anuhar Towers can be one of the best choices you can make when it comes down to real estate investment that you would want to reap the benefits of assets. Contact now to know more!
