Independent House for Sale in Hayathnagar - A Unique Opportunity with High Rental Potential.
If you're looking for a lucrative investment in real estate, this independent house for sale in Hayathnagar could be the perfect opportunity. With a prime location, ample rental income potential, and well-thought-out design, this property offers everything a discerning buyer might seek. Below, we delve into the unique features, advantages, and benefits of purchasing this house in Hayathnagar.
Location Overview: Hayathnagar - A Growing Suburb in Hyderabad.
Hayathnagar is an emerging residential suburb in Hyderabad, known for its rapid development and proximity to key areas in the city. Located along the Hyderabad-Vijayawada highway, Hayathnagar is well-connected to major IT hubs, educational institutions, hospitals, and shopping centers, making it a highly desirable location for residents and investors.
Strategic Location:
The house is strategically located, offering easy access to various parts of Hyderabad. The well-maintained roads, public transportation options, and nearby amenities make it convenient for daily commuting and accessing essential services.
Future Growth Potential:
Hayathnagar is undergoing significant infrastructure development, with numerous residential and commercial projects underway. This growth will likely lead to an appreciation in property values, making this house a sound investment for the future.
Property Details - A Closer Look at the House.
Plot Size and Dimensions.
Total Plot Area: 160 square yards.
Dimensions: 30 feet x 48 feet.
The plot is well-sized, offering ample space for the existing structure while leaving room for potential future modifications or expansions.
Building Layout and Portions.
This independent house is designed with practicality and flexibility in mind. The building is 3 years old and still in excellent condition, ensuring that the new owner can move in or start renting out portions without needing immediate renovations.
Total Portions: 5.
Configurations:
One 2 BHK portion.
Four 1 BHK portions.
The layout is ideal for those looking to generate rental income, as the property is divided into five rentable portions. This division maximizes the use of space and allows for multiple tenants, increasing the potential rental yield.
West-Facing Orientation:
The house is west-facing, which is considered auspicious in Vastu Shastra (traditional Indian architecture). A west-facing house is said to bring wealth and prosperity to its occupants. This feature could be an attractive selling point for buyers who value Vastu compliance.
Construction Quality and Age:
The house is only 3 years old, meaning that the structure is relatively new and should require minimal maintenance shortly. Modern construction techniques and materials have been used, ensuring durability and longevity.
Rental Income Potential - A Steady Stream of Revenue.
One of the standout features of this property is its high rental income potential. With five portions available for rent, the property currently generates approximately ₹50,000 per month in rental income. This steady stream of revenue makes it an attractive option for investors looking for regular cash flow.
Diverse Tenant Base:
The mix of 2 BHK and 1 BHK portions allows for a diverse tenant base. Families, working professionals, and students can all find suitable accommodation within the property. This diversity reduces the risk of vacancies and ensures a more stable rental income.
Rental Demand in Hayathnagar:
Hayathnagar is seeing increasing demand for rental properties due to its proximity to major employment hubs and educational institutions. The growing population and influx of IT professionals into Hyderabad mean that rental demand is likely to remain strong in the area.
Financial Details - Understanding the Investment.
Price and Loan Details:
Asking Price: ₹1.80 Crore.
Loan Details: The property has an existing home loan of ₹75 Lakhs with HDFC Bank.
The asking price of ₹1.80 Crore is competitive for a property of this size and rental potential in Hayathnagar. The existing home loan from HDFC Bank indicates that the property's title and legal status are clear, providing peace of mind to potential buyers.
Return on Investment (ROI):
With a monthly rental income of ₹50,000, the property offers a significant return on investment. The ROI can be further enhanced by increasing rental rates over time, particularly as the area develops and property values rise.
Negotiability and Additional Costs:
While the asking price is ₹1.80 Crore, there may be some room for negotiation, depending on the buyer's offer and terms. It's also important to consider additional costs, such as registration fees, stamp duty, and any minor repairs or modifications that might be required.
Legal and Financial Considerations - A Transparent Deal.
Clear Title and Documentation:
One of the most crucial aspects of any property transaction is ensuring that the title and documentation are clear. This property has a clear title, and all necessary legal documentation is in place. Prospective buyers can review these documents with their legal advisors to ensure a smooth and hassle-free transaction.
Home Loan Considerations:
If you're planning to finance the purchase with a home loan, the existing loan with HDFC Bank can be a positive indicator. It means that the property has already been vetted by a reputable financial institution, and the process of obtaining a new loan or transferring the existing loan could be relatively straightforward.
Commission Charges:
As noted by the agent, a 1% commission charge applies to the transaction. This fee is standard in the real estate market and covers the agent's services in facilitating the sale.
Why This Property Stands Out - Unique Selling Points.
High Rental Yield:
Few properties in Hayathnagar offer a combination of large plot sizes, multiple portions, and high rental income potential. The ability to generate ₹50,000 per month in rent makes this property an excellent investment.
The Uniqueness and Significance of Hayathnagar, Hyderabad:
Hayathnagar, located in the eastern part of Hyderabad, is a rapidly developing suburb that has gained prominence for its strategic location, excellent connectivity, and rich cultural heritage. As one of the key residential and commercial hubs in the city, Hayathnagar has evolved into a sought-after destination for both homebuyers and investors. This review explores the unique aspects and significance of Hayathnagar, highlighting why it stands out as an exceptional area in Hyderabad.
Strategic Location and Connectivity:
Hayathnagar’s location is one of its most significant advantages. Situated along the NH-65 (Hyderabad-Vijayawada Highway), it offers excellent connectivity to major parts of Hyderabad, including the IT corridors of Gachibowli, Hitec City, and the Financial District.
The Outer Ring Road (ORR) further enhances its accessibility, making it easy for residents to commute to key areas like Shamshabad, Uppal, LB Nagar, and the Rajiv Gandhi International Airport.
Public transportation is well-developed in Hayathnagar, with a robust network of buses and proximity to the LB Nagar metro station, which connects to various parts of the city. This makes Hayathnagar an attractive location for professionals who seek a convenient and well-connected place to live.
Residential Growth and Real Estate Potential:
The residential landscape of Hayathnagar is diverse, catering to various segments of the population. From affordable housing options to premium villas and gated communities, the area offers a wide range of choices for homebuyers. The availability of large plots and independent houses has made it a preferred destination for those looking to invest in spacious properties.
Hayathnagar has witnessed substantial real estate growth, driven by the expansion of infrastructure and the influx of IT professionals seeking residential options outside the congested city center. The area’s potential for appreciation in property values makes it an attractive investment opportunity, with many projects offering modern amenities and well-planned layouts.
Cultural Heritage and Community Life:
Hayathnagar is not just a modern suburb; it also boasts a rich cultural heritage. The presence of historical landmarks like the Hayathnagar Dargah, which attracts visitors from across the region, adds a unique charm to the area. The community in Hayathnagar is diverse and vibrant, with a blend of traditional and modern lifestyles.
The suburb has a strong sense of community, with numerous local festivals and cultural events celebrated with enthusiasm. This cultural richness, combined with the presence of educational institutions, healthcare facilities, and shopping centers, makes Hayathnagar a well-rounded and fulfilling place to live.
Infrastructure and Amenities:
Hayathnagar has seen significant infrastructure development in recent years. The area is home to well-established schools, colleges, hospitals, and shopping complexes, ensuring that residents have access to all essential services within close proximity. The presence of green spaces and parks adds to the quality of life, providing residents with recreational opportunities and a serene environment.
Future Prospects:
The future prospects of Hayathnagar are bright, with ongoing infrastructure projects and increasing demand for residential and commercial spaces. As Hyderabad continues to expand, Hayathnagar’s significance as a key suburb will only grow, making it a prime location for real estate investments.
Hayathnagar stands out as a unique and significant area in Hyderabad due to its strategic location, cultural heritage, and rapid development. Whether you are looking for a place to call home or a promising investment opportunity, Hayathnagar offers the perfect blend of tradition and modernity, making it one of the most desirable localities in Hyderabad.
Prime Location:
The property's location in Hayathnagar is another significant advantage. Its proximity to key areas in Hyderabad, coupled with the ongoing development in the suburb, ensures long-term growth and appreciation in property values.
Vastu Compliance:
For buyers who value Vastu principles, the west-facing orientation of the house is a major plus. This feature can enhance the property's appeal to a broader range of potential buyers.
Modern Construction:
The house's relatively new construction means that it adheres to modern building standards and requires minimal maintenance. This factor reduces the upfront costs for the buyer and ensures that the property remains in good condition for years to come.
How to Proceed - Next Steps for Interested Buyers.
Contact Information:
Interested buyers are encouraged to contact the agent directly for more information or to arrange a viewing. The agent's contact number is 7780110347.
Viewing the Property:
Arranging a viewing is the best way to assess the property's condition, layout, and potential. The agent can provide a detailed tour of the house and answer any questions you might have about the property, the neighborhood, or the transaction process.
Negotiating the Deal:
If you're interested in purchasing the property, the next step would be to make an offer. The agent can facilitate negotiations between you and the seller, helping to reach a mutually agreeable price and terms.
A Smart Investment in Hayathnagar's Growing Market:
This independent house for sale in Hayathnagar represents a unique opportunity for investors and homebuyers alike. With its high rental income, prime location, and modern construction, the property is well-suited to those looking for a reliable and profitable real estate investment.
Whether you're looking to generate rental income, secure a long-term investment, or find a new home in a growing suburb, this property has much to offer. With clear legal documentation, a competitive price, and the potential for future appreciation, it's an opportunity that should not be overlooked.
For more information or to schedule a viewing, don't hesitate to contact the agent at 7780110347. Take the next step toward owning a valuable piece of real estate in one of Hyderabad's promising neighborhoods.
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