Independent Building for Sale in OU Colony, Manikonda: A Lucrative Real Estate Opportunity.
Located in the bustling area of Manikonda, Hyderabad, this independent building for sale in OU Colony offers an excellent investment opportunity. With its prime location near the main road, robust construction, and a range of modern amenities, this property is ideal for both residential and rental purposes. Here, we provide a detailed overview of the building's features, benefits, and the unique advantages it offers to potential buyers.
Property Overview:
Prime Location:
Situated in OU Colony, Manikonda, this property enjoys a strategic location that is highly sought after. Manikonda is known for its proximity to major IT hubs, making it a preferred residential area for professionals working in companies located in Hitec City, Gachibowli, and Financial District. The building is very near the main road, ensuring excellent connectivity and accessibility.
Property Specifications:
Total Area: 179 square yards Built-Up Area: 5600 square feet. Facing: East: Road Width: 33 feet. Age of Construction: 7 years. Floor Plan: Ground Floor: 1 BHK + Parking Space. First Floor: 3 BHK. Second Floor: 3 BHK. Third Floor: 3 BHK. Penthouse: 1 BHK. Additional Features: Lift available. Financial Details: Current Rental Income: ₹80,000 per month. Expected Rental Income: ₹1,00,000 per month. Price: ₹3.25 crore (negotiable). Clear Title: Yes.
Building Permission: G+2.
OU Colony, situated in Manikonda, Hyderabad, is a vibrant and rapidly developing residential area that has garnered significant attention over the years. Known for its strategic location, well-developed infrastructure, and proximity to major IT hubs, OU Colony is a preferred choice for professionals, families, and investors alike. This review delves into the significance and uniqueness of OU Colony, highlighting its appeal as a prime residential destination in Hyderabad.
Strategic Location:
OU Colony's location is one of its most significant advantages. Situated in Manikonda, it enjoys close proximity to key IT hubs such as Hitec City, Gachibowli, and the Financial District. This makes it an ideal residential area for IT professionals working in these regions. The ease of access to major roads and public transportation further enhances its connectivity, allowing residents to commute seamlessly to different parts of the city.
Well-Developed Infrastructure:
The infrastructure in OU Colony is well-developed and continuously improving. The area boasts wide roads, efficient drainage systems, and reliable water and electricity supply. The presence of parks, recreational facilities, and well-maintained public spaces contributes to the overall quality of life. Additionally, the area is known for its clean and green environment, providing a serene and peaceful living experience amidst the hustle and bustle of city life.
Educational Institutions:
OU Colony is home to several reputed educational institutions, making it a preferred choice for families with children. Renowned schools and colleges, both national and international, are located within a short distance, ensuring that residents have access to quality education. This proximity to educational institutions is a significant factor that enhances the area's appeal to families looking for a nurturing environment for their children's growth and development.
Healthcare Facilities:
The availability of top-notch healthcare facilities is another key aspect of OU Colony's significance. The area is surrounded by multi-specialty hospitals, clinics, and healthcare centers, providing residents with easy access to quality medical care. This proximity to healthcare services ensures that residents can promptly address any medical needs, contributing to their overall well-being and peace of mind.
Real Estate Appeal:
The real estate market in OU Colony, Manikonda, is thriving, with a range of residential and commercial properties available for investment. The area's continuous development and high demand for housing have led to significant property value appreciation. Investors are attracted to OU Colony due to its potential for high rental yields and long-term capital gains. The presence of modern amenities, spacious living areas, and well-designed residential complexes further adds to the area's real estate appeal.
Commercial Growth:
In addition to being a prime residential area, OU Colony has also witnessed substantial commercial growth. The presence of shopping centers, supermarkets, restaurants, and entertainment hubs ensures that residents have access to all necessary amenities within close proximity. This commercial development not only enhances the convenience of living in the OU Colony but also contributes to the area's economic growth.
Community and Lifestyle:
The community in OU Colony is diverse and vibrant, comprising professionals, families, and expatriates. The area fosters a sense of community and belonging, with numerous social events, cultural activities, and recreational clubs. This vibrant community life, combined with the area's modern amenities and serene environment, offers a balanced and fulfilling lifestyle to its residents.
OU Colony, Manikonda, Hyderabad, stands out as a significant and unique residential destination due to its strategic location, well-developed infrastructure, and proximity to major IT hubs. The area's appeal is further enhanced by its top-notch educational institutions, healthcare facilities, thriving real estate market, and vibrant community life.
For those seeking a balanced and fulfilling lifestyle in Hyderabad, OU Colony offers an unmatched living experience that combines modern conveniences with a serene and peaceful environment.
Key Features and Benefits:
Strategic Location:
Manikonda is one of Hyderabad's rapidly developing localities, known for its excellent infrastructure and proximity to IT corridors. The OU Colony area is particularly popular due to its serene environment and easy access to schools, hospitals, shopping centers, and recreational facilities. The property's location on a 33-foot-wide road ensures smooth vehicular movement and easy access to the main road.
Robust Construction:
Constructed 7 years ago, the building is designed with durability and modern aesthetics in mind. The east-facing orientation is considered auspicious and ensures ample natural light throughout the day. The G+3+Penthouse structure is well-planned, providing spacious living areas and efficient use of space.
High Rental Yield:
With a current rental income of ₹80,000 per month and an expected rental income of ₹1,00,000 per month, this property offers excellent rental yield. The demand for rental properties in Manikonda is high due to its proximity to IT hubs, making it a lucrative investment for those looking to generate steady rental income.
Modern Amenities:
The property comes equipped with modern amenities such as a lift, ensuring convenience for residents. The presence of multiple 3 BHK units makes it suitable for large families or as a rental property for multiple tenants. The ground floor parking space is an added advantage, providing secure parking for residents.
Investment Potential:
Given the rapid development in Manikonda and the continuous influx of professionals seeking accommodation, the property's value is likely to appreciate over time. The clear title and existing building permission for G+2 provide peace of mind and flexibility for future modifications or expansions.
Locality Advantages:
Proximity to IT Hubs:
Manikonda's strategic location near major IT hubs like Hitec City, Gachibowli, and the Financial District makes it a preferred residential area for IT professionals. The easy commute to work reduces travel time and enhances work-life balance.
Educational Institutions:
The area is home to several reputed educational institutions, including international schools and colleges. This makes it an ideal location for families with children, ensuring access to quality education.
Healthcare Facilities:
Manikonda boasts of several top-notch healthcare facilities, including multi-specialty hospitals and clinics. Residents have access to quality healthcare services within a short distance.
Shopping and Entertainment:
The locality offers a range of shopping and entertainment options, including malls, supermarkets, restaurants, and recreational centers. This ensures that residents have access to all necessary amenities within close proximity.
Detailed Floor Plan:
Ground Floor:
The ground floor features a spacious 1 BHK unit along with ample parking space. The layout is designed to maximize space utilization while providing a comfortable living area.
First, Second, and Third Floors:
Each of these floors houses a well-designed 3 BHK unit. The units are spacious and feature modern interiors, ensuring a luxurious living experience. The floor plan is optimized for ventilation and natural light, creating a pleasant living environment.
Penthouse:
The penthouse on the top floor offers a luxurious 1 BHK unit with stunning views of the surrounding area. The additional space can be used as a home office, gym, or entertainment area, adding to the property's versatility.
Investment Analysis: Rental Income Potential:
With the current rental income at ₹80,000 per month and the potential to increase it to ₹1,00,000 per month, the property offers a steady and attractive rental yield. The demand for rental properties in Manikonda is consistently high, driven by the influx of IT professionals and families seeking quality accommodation.
Property Appreciation:
Manikonda's real estate market has shown consistent growth over the years. The area's strategic location and continuous infrastructure development contribute to property value appreciation. Investing in this property not only ensures rental income but also potential capital gains in the long run.
Negotiable Price:
The asking price of ₹3.25 crore is negotiable, providing an opportunity for buyers to secure the property at a competitive rate. The combination of rental income, location advantages, and property appreciation potential makes this a compelling investment option.
The independent building for sale in OU Colony, Manikonda, offers a unique blend of residential comfort and investment potential. Its prime location, robust construction, high rental yield, and modern amenities make it an ideal choice for investors and homebuyers alike. The area's continuous development and proximity to key IT hubs further enhance its appeal, ensuring long-term value appreciation.
Whether you are looking for a steady rental income or a valuable asset in one of Hyderabad's most sought-after localities, this property stands out as a lucrative opportunity. With its clear title, negotiable price, and excellent connectivity, investing in this independent building in Manikonda is a decision that promises significant returns and unmatched convenience.
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