Know The Realty Hotspots Near Hyderabad Airport

Nestled in proximity to the Rajiv Gandhi International Airport are many localities in Hyderabad that have emerged as attractive investment hotspots. The airport is located 24 kilometres south from the city centre with the neighbouring areas offering ample opportunities for buying plotted developments and enticing buyers with affordable property options galore.

Here are some of the popular localities which are situated within a radius 25 kilometres from Hyderabad Airport:

Shamshabad (3 kilometres)

Average Property Price: Rs 2,545 per sqft

Shamshabad is an upcoming IT hub with numerous IT parks in the vicinity such as Hard Ware Park, Nano Tech Park and Fab City. It is situated within the Ranga Reddy district at about 3 kilometres from the airport.

Property prices are expected to rise when the area becomes fully-developed. Presently, the locality is served by a few schools, hospitals and other infrastructure facilities including APSRTC bus services and Umdanagar Railway Station. It is well-connected by major roads like National Highway 7, PVN Expressway and Outer Ring Road which provides access to Hitech City.

There are about 34 residential projects in total with 2, 3, 4 and 5 BHK houses on offer. Many of them are low-rise apartment-projects. The sizes range between 900 sqft and 3,800 sqft with corresponding prices ranging between Rs 23 lakh and Rs 1.6 crore. Residential plots sized from 10,300 sqft to 40,000 sqft are available at prices ranging between Rs 14 lakh to Rs 1.4 crore.

Adibatla (20 kilometres)

Average Property Price: Rs 3,300 per sqft

Flanked by established areas like LB Nagar and Vanasthalipuram, Adibatla comes next to Shamshabad in popularity as a promising location for investment. The locality shows potential for being a flourishing residential locality owing to the presence of TATA Aerospace SEZ and investments from renowned technology firms including Tata Consultancy Services (TCS), Cognizant and Google. There are plenty of plotted developments and villas available for sale.

Out of about 24 residential projects in Adibatla, five are under construction while 18 are in ready-to-move-in stage. Social infrastructure is just in the initial stages of development which brings down the liveability factor. The area, otherwise, assures good returns on investment owing to its proximity to the Outer Ring Road and future business hubs.

Residential plots, ranging from 800 sqft to 5,000 sqft, will cost buyers anywhere between Rs 15 lakh and Rs 70 lakh. Apartments are also in 2 BHK and 3 BHK layouts, sized between 900 sqft and 2,000 sqft, which are priced from Rs 30 lakh and Rs 56 lakh.

Rajendra Nagar (18 kilometres)

Average Property Price: Rs 4,624 per sqft

Besides the airport, Rajendra Nagar enjoys good connectivity with Secunderabad railway station, Begumpet, Banjara Hills and Hitech City - all located at an average distance of 20 kilometres. It is surrounded by localities like Mehdipatnam, Shamshabad and Appa Junction Peerancheru.

With a thriving social infrastructure, the area is ideal not only for investors but also end-users who have about 10 ready-to-move-in projects to choose from. Accessibility is not a problem as several bus stops link the area with important destinations of Hyderabad.

There are gated communities offering 1, 2, 3 and 4 BHK apartments sized between 600 sqft and 2,000 sqft. The prices range from Rs 40 lakh to Rs 2 crore.

LB Nagar (23 kilometres)

Average Property Price: Rs 3,938 per sqft

A convenient neighbourhood equipped with all social amenities, LB Nagar is surrounded by areas like Vanasthalipuram, Kothapet and NTR Nagar. The residential locality provides many location advantages with popular IT hubs of Gachibowli and Hitech City being easily accessible from here.

Connectivity is offered by Malakpet railway station, TSRTC and APSRTC bus services. There are about 19 projects out of which 15 are in the ready-to-move-in stage while four are under construction.

Apartments of 2 and 3BHK configurations are the most popular property options in LB Nagar. They are priced from Rs 50 lakh for 1,000 sqft size to Rs 64 lakh for 2,000 sqft size.

 Mehdipatnam (27 kilometres)

Average Property Price: Rs 4,600 per sqft

 Mehdipatnam is a locality which is ideally placed from the city centre as well as the international airport. Well-connected via Bangalore-Hyderabad Highway, the locality also has smooth connectivity from areas like Banjara Hills, Santosh Nagar Colony, Ramanthapur, Somajiguda, Attapur and Indira Nagar.

The area is served by APSRTC bus services, Nampally railway station, a multi-modal transport system (MMTS) and suburban rail system. Multi-speciality hospitals, colleges and entertainment options form a crucial component of the well-developed social infrastructure. There are about 17 residential projects on offer.

Houses of 3 BHK configurations are the most popular property options in Mehdipatnam. On an average, they are priced at Rs 76 lakh for a space of 1,500 sqft.