Hanamkonda is a city located in the Warangal district of Telangana state in India. The real estate market in Hanamkonda has been witnessing growth in recent years due to its strategic location, connectivity, and increasing population. Here are some key points about the Hanamkonda real estate market:
Residential properties: Hanamkonda offers a wide range of residential properties, including apartments, villas, and independent houses. The prices for these properties vary depending on the location, size, and amenities. The prices for apartments ranged between Rs. 4,000 to Rs. 6,500 per square feet, while independent houses were priced between Rs. 5,000 to Rs. 8,000 per square feet.
Commercial properties: Hanamkonda also offers various commercial properties, including shops, offices, and warehouses. The prices for commercial properties vary based on the location and size. The prices for commercial properties ranged between Rs. 8,000 to Rs. 12,000 per square feet.
Infrastructure: The Hanamkonda real estate market has been witnessing growth due to the development of infrastructure in the city. The government has been investing in road and transportation infrastructure, which has led to better connectivity within the city and to other parts of the state.
Future outlook: The real estate market in Hanamkonda is expected to continue to grow in the coming years due to the increasing demand for housing and commercial spaces. With the development of infrastructure, the city is expected to become a prime location for real estate investment.
