Prime Commercial Space for Sale in Miyapur: An Investment Opportunity You Can't Miss.
If you're looking for a lucrative investment in Hyderabad's bustling commercial real estate market, look no further than this prime commercial space in Miyapur. Strategically located beside D-Mart and occupied by a reputable tenant, ICICI Bank, this property promises a steady rental income and substantial appreciation potential. Here's a detailed look at what makes this commercial space an unbeatable investment opportunity.
Property Overview
Location: Miyapur, Hyderabad.
Facing: East.
Build-Up Area: 2878 square feet.
Undivided Share (UDS): 92 yards.
Current Tenant: ICICI Bank.
Monthly Rental Income: ₹1,75,000.
Price: ₹4,70,00,000 (slightly negotiable).
Parking: 3 car parking spaces.
Contact: For more details, reach out at 7780110347.
Strategic Location: Miyapur
Miyapur is one of Hyderabad's most rapidly developing areas, known for its excellent connectivity, burgeoning infrastructure, and thriving real estate market. Located in the northwestern part of Hyderabad, Miyapur is a key residential and commercial hub, making it an attractive destination for businesses and investors alike.
Miyapur, located in the northwestern part of Hyderabad, has rapidly evolved into one of the city's most sought-after localities. Known for its strategic location, excellent connectivity, and robust infrastructure, Miyapur is an ideal blend of residential and commercial development. This unique combination makes it a hotspot for both investors and homebuyers. Here’s a detailed look at what makes Miyapur stand out and why it is significant in Hyderabad’s real estate landscape.
Strategic Location and Connectivity
Miyapur enjoys a prime location with excellent connectivity to major parts of Hyderabad. It is well-connected through the Hyderabad Metro, with the Miyapur Metro Station serving as a significant transit point. This connectivity ensures seamless access to key IT hubs like Hitec City, Gachibowli, and the central business districts, making it an attractive destination for professionals working in these areas. Additionally, the presence of the Outer Ring Road (ORR) nearby facilitates easy travel to the Rajiv Gandhi International Airport and other peripheral parts of the city.
Infrastructure and Amenities
One of Miyapur’s most significant advantages is its well-developed infrastructure. The area boasts wide roads, reliable public transportation, and a plethora of amenities that cater to the needs of its residents. Educational institutions, healthcare facilities, shopping centers, and entertainment hubs are all within easy reach, making life in Miyapur convenient and comfortable.
Educational Institutions: Renowned schools and colleges such as Delhi Public School, Vikas The Concept School, and Narayana Junior College are located in and around Miyapur, providing quality education options for families residing here.
Healthcare Facilities: The presence of top-notch hospitals like Rainbow Children's Hospital, Pranaam Hospital, and SLG Hospital ensures that residents have access to excellent medical care in times of need.
Shopping and Entertainment: Miyapur is home to several shopping centers and retail outlets, including D-Mart and More Supermarket. The proximity to malls like Manjeera Mall and Forum Sujana Mall offers residents a wide range of shopping, dining, and entertainment options.
Residential Appeal
Miyapur has emerged as a preferred residential destination due to its balanced mix of affordability and modern amenities. The area offers a variety of housing options, ranging from affordable apartments to luxurious villas, catering to diverse budget preferences. The serene environment, coupled with ample green spaces and parks, enhances the quality of life for its residents.
Affordability: Compared to other upscale localities in Hyderabad, Miyapur offers relatively affordable housing options, making it an attractive choice for middle-income families and first-time homebuyers.
Modern Amenities: Many residential projects in Miyapur come equipped with modern amenities such as swimming pools, fitness centers, clubhouses, and children's play areas, providing a comfortable and contemporary lifestyle for its residents.
Commercial Significance
Miyapur’s commercial significance has been on the rise, thanks to its strategic location and connectivity. The area has seen a surge in commercial real estate developments, attracting businesses and retailers looking to capitalize on the growing population and footfall. The presence of major retail chains, banks, and office spaces has transformed Miyapur into a thriving commercial hub.
Investment Potential: The growing demand for commercial spaces in Miyapur has led to an increase in property values, offering excellent investment opportunities for those looking to invest in commercial real estate.
Employment Opportunities: The commercial growth in Miyapur has also led to the creation of numerous job opportunities, further driving the demand for residential properties in the area.
Future Prospects
Miyapur’s future prospects look promising, with several infrastructure projects in the pipeline set to boost its connectivity and livability further. The expansion of the metro line and ongoing road development projects are expected to enhance accessibility, making Miyapur even more attractive to residents and businesses alike.
Infrastructure Projects: Upcoming infrastructure projects, such as the development of new flyovers and underpasses, are aimed at decongesting traffic and improving the overall connectivity of Miyapur with other parts of the city.
Real Estate Growth: The continuous influx of IT professionals and the rise in commercial activities are expected to drive real estate growth in Miyapur, making it a lucrative destination for property investors.
Miyapur, Hyderabad, stands out as a vibrant and rapidly growing locality with a perfect blend of residential and commercial appeal. Its strategic location, excellent connectivity, well-developed infrastructure, and promising future prospects make it a significant player in Hyderabad’s real estate market.
Whether you are a homebuyer looking for a comfortable and convenient living space or an investor seeking high returns, Miyapur offers something for everyone. The continuous development and growth in this area underscore its importance and uniqueness in the dynamic landscape of Hyderabad’s real estate.
Connectivity and Accessibility
Miyapur boasts excellent connectivity with major parts of Hyderabad through various modes of transportation. The area is well-served by the Hyderabad Metro, with the Miyapur Metro Station providing seamless access to IT hubs like Hitec City, Gachibowli, and the central business districts. Additionally, the presence of wide roads and proximity to the Outer Ring Road ensures smooth connectivity to the airport, railway stations, and other key locations.
Infrastructure and Amenities
The infrastructure in Miyapur is top-notch, with well-developed roads, reliable public transportation, and ample green spaces. The area is home to several educational institutions, healthcare facilities, shopping centers, and entertainment hubs, making it a self-sufficient locality. The proximity to D-Mart and other retail outlets adds to the convenience, attracting a steady stream of foot traffic to the commercial establishments in the vicinity.
Tenant Profile: ICICI Bank
Having a reputable tenant like ICICI Bank significantly enhances the value and attractiveness of this commercial space. ICICI Bank is one of India’s leading private sector banks with a strong presence nationwide. The bank's credibility and financial stability ensure a reliable rental income and minimize the risk of vacancy. This long-term lease with a prominent financial institution adds a layer of security and predictability to your investment.
Rental Income and Investment Potential
This commercial space generates a monthly rental income of ₹1,75,000, providing a steady and attractive return on investment. The current rental yield is a significant advantage, especially in a growing area like Miyapur where property values are expected to appreciate steadily. With the price slightly negotiable, there is room for strategic negotiation to maximize your investment potential.
Build-Up Area and UDS
The property boasts a substantial build-up area of 2878 square feet, providing ample space for commercial activities. The Undivided Share (UDS) of 92 yards adds to the property's intrinsic value, ensuring a fair share of the land ownership which is crucial in the long-term appreciation of real estate assets.
Parking Facilities
In a commercial property, parking availability is a critical factor for tenants and customers alike. This property has three dedicated car parking spaces, addressing one of the primary concerns for commercial tenants and enhancing the convenience for clients and visitors.
Market Trends in Miyapur
Miyapur has witnessed a steady rise in real estate demand, driven by its strategic location, robust infrastructure, and excellent connectivity. The commercial real estate market in Miyapur is particularly vibrant, with a growing number of businesses setting up operations in the area. The presence of IT hubs nearby and the influx of professionals seeking residential and commercial spaces have contributed to the upward trend in property values.
Investors are increasingly looking at Miyapur for its high rental yields and potential for capital appreciation. The ongoing and upcoming infrastructure projects, including the expansion of metro lines and road networks, are set to further boost the real estate market in Miyapur, making it an ideal time to invest.
Why Invest in This Commercial Space?
Prime Location: Located in the heart of Miyapur, beside D-Mart, and well-connected by metro and road networks.
Reputable Tenant: ICICI Bank as the tenant ensures reliable rental income and low vacancy risk.
High Rental Income: Generates a substantial monthly rental income of ₹1,75,000, offering a strong return on investment.
Future Appreciation: With the ongoing development and infrastructure projects, property values in Miyapur are expected to rise significantly.
Ample Parking: Three dedicated car parking spaces enhance the convenience for tenants and visitors.
Flexible Pricing: A slightly negotiable price allows for strategic investment planning.
Investing in this commercial space in Miyapur is a decision backed by strategic location, reliable rental income, and promising future appreciation. The combination of a reputable tenant, excellent infrastructure, and the vibrant commercial market in Miyapur makes this property a lucrative investment opportunity. Whether you are an experienced investor or a new entrant in the real estate market, this property offers the potential for significant returns and long-term value.
For more details and to explore this investment opportunity, contact us at 7780110347. Follow and subscribe to sjhomez.com for the latest property updates and insights into the Hyderabad real estate market.
Take advantage of this chance to secure a prime commercial space in one of Hyderabad's most promising localities.
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