Will Hyundai investments give boost to Zaheerabad realty?

The Sangareddy-Zaheerabad region appears to be on the cusp of a significant transformation. Already recognised as a growing industrial corridor, the area is now set to welcome yet another global giant. South Korean automotive major Hyundai Motor Company, through its Indian subsidiary Hyundai Motor India Engineering Pvt. Ltd., is preparing to establish a mega car testing centre in the region. This upcoming facility will feature a world-class automotive test track and advanced car manufacturing infrastructure, including capabilities for electric vehicle production. The development is expected to give a major boost to the local economy and could significantly energise the real estate sector in and around Zaheerabad. Global automotive major Hyundai is set to make a massive investment of around Rs 8,528 crore in 675 acres within the National Investment and Manufacturing Zone (NIMZ) at Zaheerabad. Initially planning to set up only a “Mobility Innovation Research and Development Center,” the company has now decided to also establish a car testing and manufacturing facility at the same location. This mega test centre is expected to generate employment opportunities for approximately 4,200 local youth, according to state government estimates. Industry sources reveal that Hyundai representatives are likely to visit Telangana later this month to formally present the full details of the project in coordination with the state government. Additionally, Hyundai is also planning renovation, modernization, and expansion of its existing engineering centre in Hyderabad, signaling the company’s deepening commitment to Telangana’s industrial ecosystem. Real estate experts believe that the areas surrounding Sangareddy and Zaheerabad are poised for an unimaginable transformation in the near future. With the Regional Ring Road (RRR) already boosting momentum in real estate activity in the nearby regions of Sangareddy, the recent announcement of the Hyundai mega car testing centre is expected to open the door for large-scale residential and commercial real estate projects in both Sangareddy and Zaheerabad. ALSO READ: Amazing skyline in Kokapet Neopolis Until recently, land facing the National Highway between Sangareddy and Zaheerabad was priced between Rs 1.5 crore and Rs 2.5 crore per acre. However, with the RRR junction coming up and Hyundai’s car testing centre in the pipeline, prices have now surged to Rs 2 crore to Rs 3 crore per acre, according to local sources. Within a 5 to 10 km radius of the National Highway, land prices currently range between Rs 70 lakh and Rs 1 crore per acre. Real estate analysts predict that once the Regional Ring Road works commence alongside Hyundai’s project, there is a strong possibility of further appreciation in land values. The real estate landscape around Sangareddy is undergoing rapid transformation, with large-scale ventures already taking shape across nearby locations like Sadashivpet, Arur, Budhera, and Zaheerabad. With the proposed Regional Ring Road (RRR) interchange and Hyundai’s upcoming car testing centre, real estate companies are now gearing up for massive new ventures in the area. Currently, in Sangareddy, DTCP-approved layout projects are priced between Rs 12,000 and Rs 30,000 per square yard, depending on the locality. In the surrounding areas of Sangareddy, open plot rates vary from Rs 8,000 to Rs 22,000 per square yard. In Sadashivpet, which lies close to Sangareddy, plots are available in the range of Rs 6,000 to Rs 14,000 per square yard, making it an attractive option for investors. Meanwhile, in Zaheerabad, DTCP-approved plots are priced between Rs 12,000 and Rs 26,000 per square yard, as demand surges in anticipation of the new infrastructure and industrial developments. Realty firms are eyeing the corridor between Sangareddy and Zaheerabad as the next high-growth zone, especially with the twin drivers of RRR connectivity and Hyundai's strategic investment likely to unlock major residential and commercial opportunities. The stretch from Patancheru to Sangareddy and Zaheerabad is witnessing a wave of industrial growth, and now, with the Telangana government’s strategic plans to develop satellite townships around the Regional Ring Road (RRR), the region is on the cusp of a massive transformation. In addition to these townships, the government also plans to set up industrial clusters and logistics parks, further enhancing the economic landscape of the area.Several pharmaceutical companies in the outskirts of Hyderabad are preparing to shift their labs and factories closer to the RRR corridor, which is expected to generate significant employment opportunities. With this, Sangareddy Junction is projected to develop at an unprecedented pace, according to real estate insiders. The RRR is set to boost connectivity between Hyderabad and other parts of the state, making nearby areas like Sangareddy and Zaheerabad increasingly attractive to middle-class families and first-time homeowners. Real estate experts anticipate a steady rise in residential projects and large-scale ventures along this corridor as more people consider settling in these emerging suburban hubs. As infrastructure and employment prospects grow in tandem, the Sangareddy-Zaheerabad stretch is being hailed as one of the most promising real estate zones in Telangana’s western corridor.