Sufficient land bank available in South zone
Affordable prices in the area: A major plus point for this zone
Transportation & connectivity: The south zone is well-connected, making it ideal for development
Proximity to Inner Ring Road: The South Zone is close to the Inner Ring Road, enhancing accessibility
Maheshwaram as a second address for residential properties: A growing destination for those looking for peaceful living with good connectivity.
No matter how many challenges come its way, Hyderabad’s real estate sector continues to thrive. In fact, Hyderabad is one of the most active cities in India when it comes to the construction industry. That’s why, whether it’s plots, apartment flats, or villas, there is always consistent demand for properties here. As soon as buyers know that a property is available for sale, they rush to purchase it. Moreover, the city’s continuous development in all directions, along with easy transportation connectivity, has reduced the distance between areas, making it easier to travel from one place to another. For this reason, the real estate sector is booming across various zones and regions without any slowdown.
In terms of development and pricing, the West Zone has been dominant, but with the South Zone now becoming a hub for growth, it’s gaining an edge with its ample land bank and affordable prices. That’s why buyers are now increasingly showing interest in the southern parts of the city. Let’s take a look at how prices for open, residential, and premium plots are shaping up in various areas of the South Zone.
Once, Hyderabad was known for the culture and traditions of the Nizams, with historic landmarks like Charminar. But now, Hyderabad is the address for development. Modern constructions like the IT Corridor and Financial District have transformed the city. Hyderabad has developed into an IT hub, and many multinational companies have made the city their base. The popularity of HiTech City and other areas have kept Hyderabad’s real estate market in high demand. With the city being a hub of development, residential and office space demand has skyrocketed. Areas like Gachibowli, HiTech City, and Madhapur have played a key role in attracting investment due to their fast-paced development.
At the same time, it’s not just the West Zone or the IT Corridor that is growing rapidly. Other areas of the city are also witnessing fast development. Hyderabad is expanding to all corners, not only in the city centre but also in places like Bhongir, Tukkuguda, Maheshwaram, and Shamshabad.
Maheshwaram, Tukkuguda, and Shamirpet are now emerging as adjoining areas to the popular Gachibowli, HiTec City, and Madhapur regions. With IT and MNC employees considering these areas as ideal residential zones, real estate activity has picked up significantly in these regions. The key advantage, compared to other zones, is the relatively lower price point in these areas. This is why the real estate market in the South Zone is surging ahead at jet speed. Whether it’s luxury villas, gated communities, commercial spaces, or budget residential plots and flats, buyers are flocking to the southern parts of the city.
As Hyderabad city expands, all southern areas are rapidly becoming hotspots for real estate. Tukkuguda, Maheshwaram, Shamirpet, Rayagiri, Shadnagar, and Turkapalli are leading the race. Once considered distant and inaccessible from the city, these areas have now transformed due to improved connectivity. The ease of travel has completely changed the scenario, and these areas are now at the forefront of the city’s expansion. The demand for land in these areas has also seen a significant rise.
When we think of Shamshabad, the first thing that comes to mind is Rajiv Gandhi International Airport. With the airport being located here, Shamshabad’s development as both a residential and commercial hub is an ongoing process. The Outer Ring Road (ORR) has significantly improved connectivity from Shamshabad to other parts of the city and beyond. As a result, Shamshabad has become one of the best choices for real estate investments. The demand from buyers is skyrocketing, leading to the rise of luxury villas, gated communities, and commercial spaces in the area.
Another rapidly growing region in Hyderabad’s South Zone is Tukkuguda. Located close to the International Airport and the ORR, Tukkuguda is emerging as a centre for both residential and commercial activities. The construction of luxury villas and high-end apartments is progressing swiftly here. The area is attracting homebuyers who are looking for spacious homes away from the hustle and bustle of city life. Premium open plots ranging from 300 to 1600 square yards are available, with prices ranging from Rs 4,600 to Rs 5,800 per square foot. Since there is also a “Price on Request” option, there may be some potential for further price negotiations.
The South Zone has many advantages when it comes to transportation and connectivity. The proximity to the Srisailam Highway, the Bengaluru National Highway, the International Airport, the Outer Ring Road (ORR), and easy access to the IT Corridor, along with quick connectivity to the city via the PV Expressway, make it an attractive area. Additionally, the nearby Shivrampally and Budwel MMTS stations offer easy access to the Secunderabad Railway Station, and the Inner Ring Road is also nearby. All these factors are contributing significantly to the growing real estate activity in the South Zone.
Another important area to note in the South Zone is Maheshwaram. Once known for its tranquility, Maheshwaram has now transformed into a second address for residential areas due to the influence of real estate. The natural beauty of the area, its proximity to the airport, and its closeness to major highways make Maheshwaram an attractive location for real estate developers and buyers alike. With easy access to the city, those seeking peaceful residential spaces are giving priority to Maheshwaram. As a result, it has become one of the most sought-after residential areas in the city.
In Maheshwaram, residential plots are available in sizes ranging from 200 to 1300 square yards, with residential plots spanning from 174 to Rs 664 per square yard. The price per square foot here varies between Rs 1300 and Rs 2300. Additionally, in Kadthal, near the Srisailam Highway, residential plots ranging from 154 to 587 square yards are available for sale, with the price per square yard being Rs 11,500. In Kondokur, also near the Srisailam Highway, residential plots ranging from 231 to 500 square yards are on offer, with the price per square foot set at Rs 1000. Similarly, in Meerkhanpet, residential plots ranging from 200 to 400 square yards are available, with a price of Rs 3400 per square foot.
These areas are becoming increasingly attractive to homebuyers and investors due to their strategic location and the rapid development in the region.
