Located in the Ranga Reddy District of Telangana, Uppal is a flourishing locality which is considered as a realty hotbed of the city. Due to thriving infrastructure and presence of leading companies, the locality has been favoured by many home buyers who are looking to invest in their dream home.
Take a look at major factors that makes Uppal a flourishing realty hotbed in Hyderabad:
Uppal falls in the eastern side and is bordered by the Musi River in the south. The locality is surrounded by many other plush localities like Raj Nagar Colony, Survey Colony, Beerappagadda, Chilka Nagar and Saraswathi Colony. Uppal enjoys smooth connectivity to all these regions well-developed network of roads such as National Highway 202, Inner ring road, Nacharam Road and Uppal Road.
Local buses also run through the area connecting it to other suburbs and localities. The nearest railway station is Necklace Road Station which is 16 km away from the locality whereas the International airport is just 12 km away from Uppal. Hyderabad Metro Blue line corridor also passes through this locality.
Presence of metro and a flourishing road network makes this area a well-developed locality with sound infrastructure. Apart from this, Uppal is also home to renowned schools, educational institutions, hospitals, banks, malls, and recreation centers. Some of them include Kendriya Vidyalaya, Karachi Bakery, Rajlakshmi Theatre, JN Government Polytechnic College, Deccan College of Engineering and Technology, Mediciti, Yashoda Hospital, GVK One, Shoppers stop, Central Mall etc.
Real Estate Market of Uppal
Due to better infrastructure and well-developed connectivity, Uppal has attracted many home buyers as well as real estate developers to invest in this locality. Apurupa Infrastructures, landmark builders etc. are some of the leading developers who have developed or developing their housing projects here.
Also, the presence of many renowned companies like Infosys, Cyient Ltd., Suneratech, Sunofi India Ltd., etc. has increased the housing demand in this locality in recent times.
Some of the residential projects present in Uppal are Spring Valley, Apurupa’s Sri Nivas Heights, Sai Pragathi Castle, Racs Sai Brundavan etc.
Property Price and Trend
At present, the average property price in Uppal is Rs. 40,796 per sq. yards with minimum and maximum property rate being Rs. 31,710 and Rs. 49,882 per sq. yards respectively. One can easily found a villa, apartments or a builder floor that fits into homebuyer’s pocket.
However, due to rapid infrastructure developments, prices here took a steep jump in the last few years. If we compare values from 2016 to 2018, the rates have risen from an average value of 11,304 sq. yards to Rs 40,796 per sq. yards.
Experts suggest that with metro connectivity and other developments, property prices will jump further in the coming years. Hence, Uppal can be seen as a promising investment destination.