How sites are priced in various areas?

Options are plenty for those who want to acquire property in Hyderabad as the city is expanding in all of its four directions as there are no hindrances for the city’s growth. In West Hyderabad, plots are available in places like Kolluru, Shankarpally, Vikarabad, Kandi and Sangareddy.

In Southern Hyderabad one can find suitable plots from Maheshwaram to Amanagal. In East Hyderabad, ventures have been developed from Choutuppal till Janagoan on Warangal Highway. In North Hyderabad, realtors are developing various ventures from Medchal beyond Toopran. In Peddapur, Kandi, Sangareddy and Atmakur regions, a square yard is being quoted from Rs 20,000 to Rs 35,000. 165 square yard plot can be acquired for an amount of Rs 15 lakh in Atmakuru. However, a square yard near IIT in Kandi is being quoted as Rs 35,000. In Rudraram layout, plots can be acquired for a price of Rs 28,000 per square yard.

DTCP plots are being sold for prices between Rs 14000 to Rs 18000 In Yacharam per square yard. The prices in Bacharam and Ismail Khan peta, a square yard is priced at Rs 21,000. In Choutuppal, some other realtors are selling plots at the rate of Rs 18000 a square yard. In Shad Nagar, a square yard is being quoted as Rs 26000 in DTCP layouts.

In the post-pandemic situation, a new trend has begun in Hyderabad realty market with channel partners and realty agents replacing the real estate agencies in selling the sites. That is why one should be aware of from whom are they buying the plots. If the buyers buy the plots directly from real estate firms, then there would be no problems at all because, one can interact with the company’s chairman and MD directly. Buying plots from channel partners and agents might result in funds not reaching the concerned organisation.

A similar incident took place in Suvarna Bhoomi developers. Having paid money to the channel partner, the realtor might not allot the customer suitable site. Such an incident took place in a layout near Chevella. When a customer bought site two years ago, the channel partners who received the funds told the customer that the realtor is expressing his inability to allot the site. That is why, the people should think twice before deciding to pay money to channel partners.