19/09/2013
Shadnagar: An Upcoming Residential Property Destination
Shadnagar is a small assembly constituency in the Mahabub Nagar district of Andhra Pradesh, and is located on the National Highway NH 7. Owing to the increase in demand for real estate properties in Hyderabad, areas like this one, located in the outskirts, have started developing rapidly, owing to their affordable market prices.
Founded in the early 1900s, under the Nizam Mahboob Ali Khan, Shadnagar was initially known as ‘Janammapet’. It was later named after the great Urdu poet and then prime minister- Maharaja Kishan Pershad, whose pen name was ‘Shad’. It is located at a distance of about 50km from the center of the city and is about 36kmaway from Shamshabad International Airport. Recently, it was made a municipality.
Shadnagar is well-connected by road and rail, and the railway station is directly linked to the Rajiv Gandhi International Airport via the Bengaluru-Hyderabad Highway. The upcoming Peripheral Ring Road passes through Shadnagar too. Owing to its fast developing connectivity, Shadnagar Real Estate is on an upswing.
The locality has many good educational institutions like Nava Jyothi High School, Govt. Junior College, Sri Malayala Swamy Ashram School, Vignan Junior College, Brilliant Grammar High School, Tagore High School, SVP Degree College and Bachpan Playschool. This apart,it is close to industrial areas like Kothur, Kondurg and Balanagar. Thanks to its proximity to several IT hubs and industrial areas, and affordability, Shadnagar plots are among the most preferred amongst software professionals.
Many well-known property developers have begun their construction here, owing to the increase in demand for residential properties and plots in Shadnagar. Some of the upcoming projects include Grandeur City, Anandah Nilayam, CSK Green Villas, Shubha Gruha, Golden Dezire, Suvarnakuteer Phase IV, Lavender City, Palm City, Nikita Enclave, Deccan Heights, Montag City, Ample Nest, Natural Harvest and Montag Villas. It is estimated that the value of areas surrounding Shamshabad and Shadnagar will go up in the coming years, with the increase in demandfor real estate properties. As of now, the residential plots for sale in Shadnagar are in the range of Rs. 2058 to Rs. 2828 per square feet. Prices are expected to increase by 30% in a year. With infrastructure that is steadily improving, new roads and many residential projects, real estate in Shadnagar and its surrounding localities is sure to reach great heights in the coming years!
Right time to invest in lands at Hyderabad...
