Nanakramguda, nestled in the heart of Hyderabad’s Financial District, is a rapidly developing area that has gained prominence for its modern infrastructure, proximity to major IT hubs, and premium real estate developments. The area is home to numerous multinational corporations, IT parks, and luxury residential complexes, making it one of the most sought-after locations for real estate investment in Hyderabad.
The rise in demand for quality accommodations has led to a boom in the real estate market, particularly in properties like hostels and serviced apartments that cater to the influx of professionals working in the vicinity.
Overview of the Property:
Presenting a premium luxury new hostel building for sale in Nanakramguda, a perfect investment opportunity for those looking to capitalize on the booming rental market in this high-demand area.
This newly constructed property is designed to meet the needs of modern tenants, offering state-of-the-art facilities and a prime location that guarantees high occupancy rates and substantial rental income.
Key Features of the Hostel Building:
Total Plot Area: 250 square yards.
Location: Northeast corner, providing optimal Vastu compliance.
Construction: Stilt + 6 floors, ensuring ample space and maximum utility.
Total Rooms: 54 well-designed rooms, perfect for both long-term and short-term stays.
Water Supply: Equipped with both bore water and Manjeera water connections.
Lift: Modern lift system installed for ease of access.
Road Access: 30-foot-wide roads on both sides, ensuring easy accessibility and ample parking space.
GHMC Permission: S+2 floors GHMC permission available, with the potential for future expansion.
Current Rental Income: ₹8.20 lakhs per month, ensuring immediate returns on investment.
Price: ₹13.20 crores lump sum.
Strategic Location:
Nanakramguda's strategic location is one of the key factors contributing to the attractiveness of this property. It is situated near some of Hyderabad's largest IT parks, including the Financial District, Raheja Mindspace, and Gachibowli, making it a prime location for professionals seeking quality accommodations close to their workplaces.
The area is well-connected to other parts of Hyderabad via major roads, including the Outer Ring Road (ORR), which ensures smooth connectivity to the airport and other key areas of the city.
Uniqueness and Significance of Nanakramguda, Hyderabad:
Introduction:
Nanakramguda, nestled in Hyderabad’s bustling Financial District, has emerged as a premier destination for both residential and commercial real estate. This area, once a relatively quiet suburb, has undergone rapid transformation over the past decade, becoming a focal point for the city’s economic and infrastructural growth.
Nanakramguda's significance lies not only in its strategic location but also in the quality of life it offers to residents and the business opportunities it presents to investors. Its uniqueness is characterized by a blend of modernity and convenience, making it one of Hyderabad's most coveted areas.
Strategic Location:
One of the most compelling aspects of Nanakramguda is its strategic location. It is situated in the heart of Hyderabad's Financial District, which houses numerous multinational corporations, IT companies, and financial institutions.
The area is well-connected to major parts of Hyderabad through the Outer Ring Road (ORR), ensuring easy access to the Rajiv Gandhi International Airport, Gachibowli, HITEC City, and other key areas. This connectivity makes Nanakramguda an ideal place for professionals working in the IT and financial sectors, who seek to live close to their workplaces.
Economic Significance:
Nanakramguda’s growth has been largely driven by the establishment of the Financial District, which is home to global giants like Microsoft, Amazon, Infosys, and Wipro. This has not only spurred the demand for residential properties but has also attracted commercial investments, making it a thriving business hub.
The presence of these companies has led to an influx of professionals from across the country, further boosting the local economy and increasing the demand for premium housing options.
Real Estate Development:
The real estate landscape in Nanakramguda is marked by high-end residential complexes, luxury villas, and premium commercial spaces. Developers have recognized the area's potential and have invested heavily in creating state-of-the-art infrastructure that caters to the needs of modern living.
From gated communities with world-class amenities to commercial spaces equipped with cutting-edge facilities, Nanakramguda offers a range of options for those looking to invest in real estate. The area’s well-planned infrastructure, coupled with its scenic surroundings, has made it a preferred choice for both homebuyers and investors.
Quality of Life:
Nanakramguda is not just about business; it also offers a high quality of life. The area boasts well-maintained parks, recreational facilities, and a range of dining and entertainment options. It is also close to some of Hyderabad's best schools, hospitals, and shopping malls, making it a convenient place to live for families. The well-planned layout, wide roads, and green spaces contribute to a peaceful living environment, away from the hustle and bustle of the city, yet close enough to enjoy all urban amenities.
Future Prospects:
The future of Nanakramguda looks promising, with several infrastructure projects in the pipeline. These include the expansion of road networks, the development of new commercial spaces, and the introduction of more residential projects catering to various income groups.
As Hyderabad continues to grow as an IT and business hub, Nanakramguda is set to play a central role in this expansion, making it a wise choice for long-term investment.
Nanakramguda stands out as one of Hyderabad's most unique and significant areas, offering a perfect blend of economic opportunities, connectivity, and quality living. Its strategic location, coupled with its rapid development, makes it a prime location for real estate investment.
Whether you are looking to invest in commercial property, buy a luxury home, or simply enjoy a modern lifestyle, Nanakramguda offers it all. Its significance in Hyderabad's growth story is undeniable, and it continues to attract attention from investors and homebuyers alike.
Northeast Corner Plot:
The property is located on a northeast corner plot, a highly desirable feature in Vastu Shastra. The northeast corner is considered the most auspicious direction, promoting prosperity, health, and success. This Vastu-compliant design not only adds value to the property but also attracts tenants who prefer to live in spaces that are aligned with these principles.
Modern Construction and Amenities:
The hostel building is constructed with the latest architectural standards, ensuring durability and aesthetic appeal. The stilt + 6-floor design maximizes space utilization, offering 54 rooms that are spacious, well-ventilated, and designed to cater to the needs of modern tenants. Each floor is equipped with modern amenities, ensuring a comfortable living experience.
Lift Facility: The building is equipped with a modern lift, ensuring easy access to all floors. This is a crucial feature for a multi-story building, particularly for tenants who may have mobility issues or for carrying heavy luggage.
Water Supply: A reliable water supply is a critical factor for any residential property. This hostel is equipped with both bore water and Manjeera water connections, ensuring an uninterrupted supply of water. Manjeera water is known for its quality, and the presence of a borewell provides a backup option, further enhancing the property's appeal.
Road Access: The building is accessible from 30-foot wide roads on both sides, ensuring ease of entry and exit. This wide road access not only facilitates smooth transportation but also provides ample space for parking, a crucial factor for tenants with vehicles.
High Rental Income:
One of the most attractive features of this property is its high rental income. Currently, the hostel generates a monthly rental income of ₹8.20 lakhs, providing a significant return on investment. This steady income stream makes the property an excellent investment opportunity, particularly for those looking to invest in a high-demand area with assured returns.
GHMC Permission for S+2 Floors:
The building comes with GHMC (Greater Hyderabad Municipal Corporation) permission for S+2 floors, ensuring that all construction is legal and compliant with local regulations. This is a critical factor for any real estate investment, as unauthorized construction can lead to legal issues and potential demolition. The availability of GHMC permission also offers the potential for future expansion, allowing the buyer to add additional floors or amenities as per their requirements.
Investment Potential in Nanakramguda:
Investing in Nanakramguda offers numerous benefits, particularly given its strategic location in Hyderabad’s Financial District. The area has seen a surge in real estate prices over the past few years, driven by the influx of IT professionals and the development of high-end residential and commercial properties. This trend is expected to continue, making Nanakramguda a prime location for real estate investment.
High Demand for Rental Properties;
The demand for rental properties in Nanakramguda is at an all-time high, driven by the large number of professionals working in nearby IT parks. This demand is expected to grow further as more companies establish their offices in the area. Investing in a hostel building in such a high-demand location ensures a steady stream of rental income, with the potential for rental rates to increase over time.
Future Development Plans:
Nanakramguda is part of the Hyderabad Metropolitan Development Authority's (HMDA) master plan, which includes several infrastructure development projects aimed at improving connectivity and quality of life in the area. These developments are expected to further boost property values in Nanakramguda, making it a lucrative investment opportunity.
Proximity to Major IT Hubs:
The proximity to major IT hubs like Gachibowli, the Financial District, and HITEC City is one of the biggest advantages of investing in Nanakramguda. These areas are home to numerous multinational corporations, attracting a large number of professionals who prefer to live close to their workplaces. This has led to a high demand for quality rental properties in the area, particularly those that offer modern amenities and a comfortable living environment.
Strong Market Appreciation:
Real estate prices in Nanakramguda have been on an upward trajectory, with property values increasing significantly over the past few years. This trend is expected to continue, driven by the ongoing development in the area and the high demand for quality accommodations. Investing in a property in Nanakramguda not only offers immediate rental income but also the potential for significant capital appreciation over time.
Why This Property is a Must-Buy:
Assured Rental Income:
One of the most compelling reasons to invest in this property is the assured rental income. With a current rental yield of ₹8.20 lakhs per month, this property offers a substantial return on investment right from the start. The high occupancy rates in Nanakramguda, driven by the large number of professionals working in the area, ensure that the rental income remains stable and continues to grow over time.
Premium Location:
The location of this property in Nanakramguda is one of its biggest selling points. Situated in the heart of Hyderabad’s Financial District, the property is surrounded by some of the city’s most prominent IT parks and corporate offices. This prime location guarantees high demand for rental accommodations, making it a sound investment choice.
Modern Amenities:
The hostel building is equipped with all the modern amenities that today’s tenants expect. From a reliable water supply to a modern lift system, the property offers a comfortable living environment that is sure to attract tenants. The presence of both bore water and Manjeera water connections, along with wide road access, further enhances the property’s appeal.
Legal Compliance:
The availability of GHMC permission for S+2 floors ensures that the property is legally compliant, providing peace of mind to the buyer. This is a critical factor for any real estate investment, as unauthorized construction can lead to legal issues and potential financial losses.
Negotiable Price:
At a price of ₹13.20 crores, this property offers excellent value for money, given its location, size, and rental income potential. The price is negotiable, providing an opportunity for buyers to secure the property at an even more attractive rate.
This premium luxury new hostel building in Nanakramguda is a prime investment opportunity that offers immediate rental income, strong capital appreciation potential, and a strategic location in one of Hyderabad’s most sought-after areas. With modern amenities, legal compliance, and a high demand for rental accommodations, this property is an excellent choice for investors looking to capitalize on the booming real estate market in Nanakramguda.
For more details and to schedule a viewing, contact us at 7780110347. Don’t miss out on this rare opportunity to own a premium property in one of Hyderabad’s most prestigious locations.
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