👉Price:4 Crore. Independent House For sale in Old Neredmet
1. Prime Location:
Old Neredmet, situated in Safilguda, Hyderabad, is a well-established and strategic location. It is known for its peaceful residential environment, which is complemented by the accessibility to major parts of the city. The area’s proximity to educational institutions, healthcare facilities, shopping centers, and entertainment hubs makes it a desirable location for families and professionals alike.
2. Heritage and Modernity:
This independent house captures the essence of Hyderabad’s rich heritage while accommodating modern amenities. The 32-year-old structure boasts architectural elements that reflect the city’s historical charm, coupled with contemporary features that cater to the needs of modern living. This blend of old-world charm and modern convenience is a rare find in today’s real estate market.
3. Spacious Living:
With a plot area of 387 square yards, the house offers ample space for comfortable living. The G+2 structure ensures that there is plenty of room for large families, or even multiple tenants, which is ideal for generating rental income. The spacious layout includes multiple bedrooms, living areas, and possibly additional spaces such as study rooms or storage areas, enhancing the overall living experience.
One of the standout features of this property is its rental income potential. Currently generating ₹45,000 per month, this house is a lucrative investment for those looking for steady rental returns. The demand for rental properties in established areas like Old Neredmet is consistently high, ensuring a reliable income stream for the owner.
2. West-Facing Orientation:
The west-facing orientation of the house is considered auspicious and desirable in Vastu Shastra, the traditional Indian system of architecture. This orientation is believed to bring prosperity and positive energy, making it an appealing choice for many buyers. Additionally, west-facing homes often receive ample natural light in the evening, creating a warm and inviting ambiance.
3. Structural Integrity and Potential for Customization:
Despite being 32 years old, the house has maintained its structural integrity, showcasing the quality of construction. The robust build offers potential buyers the opportunity to renovate or customize the interiors according to their preferences. This flexibility allows for personalization, ensuring the house can be tailored to meet the specific needs and tastes of the new owner.
4. Established Neighborhood:
Old Neredmet is part of a well-established neighborhood with a strong sense of community. Residents benefit from the presence of long-standing amenities and services, such as schools, parks, markets, and public transportation options. The area’s stability and reputation as a safe and friendly community add to the property’s overall value.
Significance of Investing in Old Neredmet
1. Long-Term Investment Value:
Investing in a property in Old Neredmet is a wise decision for long-term growth and appreciation. The area’s established nature and ongoing development projects ensure that property values are likely to increase over time. This makes the independent house not only a comfortable residence but also a sound financial investment.
2. Connectivity and Accessibility:
The strategic location of Old Neredmet provides excellent connectivity to major parts of Hyderabad. The area is well-served by public transportation, including buses and the nearby Safilguda railway station. This connectivity ensures easy access to business districts, IT hubs, and other essential services, making daily commuting convenient for residents.
3. Quality of Life:
Living in Old Neredmet offers a high quality of life. The area is known for its greenery, clean environment, and well-maintained infrastructure. Residents enjoy access to various recreational facilities, including parks and sports complexes. The presence of reputed schools and healthcare institutions further enhances the living experience, making it an ideal place for families.
4. Cultural and Social Hub:
Old Neredmet and its surroundings are culturally rich, hosting various festivals and community events that reflect Hyderabad’s diverse heritage. This cultural vibrancy adds to the charm of living in the area, providing residents with opportunities to engage in social and cultural activities. The strong community bonds and active social life make Old Neredmet a vibrant and lively place to live.
Detailed Overview of the Independent House for Sale
Property Features:
Location: Old Neredmet, Safilguda, Hyderabad
Type: Independent House (G+2)
Facing: West-facing
Size: 387 square yards
Age: 32 years old
Rental Income: ₹45,000 per month
Price: ₹4 crore (slightly negotiable)
Layout and Structure:
Ground Floor: Typically includes living room, kitchen, bedrooms, and bathrooms.
First Floor: Additional bedrooms, bathrooms, and possibly a family room or study.
Second Floor: This could be used for guest rooms, a home office, or entertainment
spaces.
Outdoor Space: Garden area, parking space, and possibly a terrace.
Amenities:
Car Parking: Ample parking space for multiple vehicles.
Water Supply: Reliable water supply with provisions
for borewell and municipal water.
Security: Gated property with security features.
Connectivity: Proximity to public transport and major roads.
The Unique Lifestyle in Old Neredmet.
Living in Old Neredmet offers a lifestyle that blends the best of both worlds—urban convenience and suburban tranquility. Residents enjoy a peaceful environment while being close to the hustle and bustle of city life.
1. Community Living:
Old Neredmet fosters a strong sense of community among its residents. The area is known for its friendly and cooperative neighborhood, where people look out for each other. This sense of community creates a safe and supportive environment, especially beneficial for families and elderly residents.
2. Proximity to Nature:
The area is dotted with parks and green spaces, providing residents with ample opportunities to enjoy outdoor activities and connect with nature. These green spaces are perfect for morning walks, jogging, picnics, and recreational activities, promoting a healthy and active lifestyle.
3. Convenience and Accessibility:
The strategic location of Old Neredmet ensures that all essential services and amenities are within easy reach. From grocery stores and pharmacies to schools and hospitals, residents have everything they need close by. The well-developed infrastructure and connectivity make daily life convenient and hassle-free.
4. Educational and Healthcare Facilities:
Old Neredmet is home to several reputed educational institutions and healthcare facilities. Families with children can benefit from the presence of good schools and colleges, while healthcare needs are met by nearby hospitals and clinics. This ensures that residents have access to quality education and medical care.
5. Cultural and Social Activities:
The area hosts various cultural and social activities throughout the year, reflecting the rich heritage of Hyderabad. Residents can participate in festivals, community gatherings, and cultural events, fostering a vibrant and engaging social life. These activities provide opportunities to connect with neighbors and celebrate the diverse traditions of the region.
Why Old Neredmet is a Great Investment?
Investing in a property in Old Neredmet offers numerous benefits, from financial returns to lifestyle advantages. The area’s established nature, combined with ongoing developments, makes it a promising investment destination.
1. High Return on Investment:
The real estate market in Old Neredmet is on an upward trajectory, with property values expected to appreciate significantly over time. This makes investing in an independent house a smart financial decision, offering high returns on investment.
2. Rental Income Potential:
The demand for rental properties in Old Neredmet is consistently high, ensuring a steady income stream for property owners. The existing rental income of ₹45,000 per month makes this house a lucrative investment for those looking for regular rental returns.
3. Quality of Life:
Old Neredmet offers a high quality of life with its serene environment, excellent amenities, and strong community bonds. Investing in a property here means securing a comfortable and fulfilling lifestyle for yourself and your family.
4. Future Growth Potential:
The ongoing infrastructure projects and planned developments in and around Old Neredmet indicate long-term growth potential. Investing in a property here ensures sustained appreciation in property values and access to a rapidly developing area.
Old Neredmet, Safilguda, Hyderabad, stands out as a prime residential and investment destination. The independent G+2 house on a 387 square-yard plot, with its west-facing orientation and rental income potential, offers a unique blend of heritage, modernity, and convenience.
The area’s strategic location, excellent connectivity, and established amenities make it an ideal choice for homebuyers and investors alike. Investing in this property not only provides immediate benefits but also promises substantial appreciation in value over time. With its unique charm, high quality of life, and promising growth prospects, Old Neredmet is set to become one of Hyderabad’s most sought-after localities.
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