Middle classes and salaried class try to purchase property at one place or the other, irrespective of market trends, keeping in mind future needs of the people like children’s education or their marriages. Such people buy property at cheaper prices. They try to invest their money if any flat is offered for sale at cheaper prices. But they have been treading carefully of late as the prices of flats have skyrocketed. They identify the areas where there is scope for appreciation of the property value.
Many people are buying property in the vicinity of the ORR for sure shot escalation of property value after 10 years, if not now.They have been choosing the plot in a radius of 4 to 5 km from the ORR, while some others prefer to buy sites close to airport. People prefer to buy sites from Shad Nagar to Sankarapalli. For such people, Kotturu, Nandigama, Pathancheru, Indresam, Dundigal, Maheshwaram appear to be lucrative places. Several developers have initiated real estate ventures in these areas to suit every pocket and suit every taste.
