As the world evolves rapidly, Srisailam Highway has emerged as a prime destination for savvy investors. Open plots, in particular, have gained popularity in recent years as a lucrative investment option. This guide will delve into the advantages of investing in open plots along Srisailam Highway and explore why this area should be at the top of your investment list.
Overview of Srisailam Highway
Srisailam Highway, also known as NH 765, spans 270 kilometers across Telangana and Andhra Pradesh. It begins in Hyderabad and extends to the revered town of Srisailam, a significant pilgrimage site. This major highway serves as a crucial link, facilitating connectivity between Hyderabad and various other regions. It is also well-integrated with other major highways, such as NH 44 and NH 65, and is conveniently close to Rajiv Gandhi International Airport, enhancing its appeal for both commercial and industrial ventures.
Future Potential of Srisailam Highway
The Srisailam Highway is poised to become a key transportation hub due to its strategic location and the ongoing development in surrounding areas like Lemoor, Rachloor, and Tukkuguda. The growth in these areas is expected to drive demand for transportation infrastructure, making Srisailam Highway an attractive investment destination.
As nearby regions expand, there will be a surge in demand for housing and commercial spaces. Real estate developers are already investing in projects along this route, including residential flats, villas, and commercial spaces such as malls and office buildings. The highway’s proximity to industrial zones, IT parks, and educational institutions further enhances its investment appeal.
Future advancements could include smart traffic management systems and new business developments, potentially boosting local economic growth and job opportunities.
Key Reasons to Invest
- Growing Popularity: The Srisailam Highway area has seen significant growth, driving up property values. High-end residential projects, like MAK Projects and Signature Villas, have attracted investors seeking a tranquil yet well-connected lifestyle. Reputed builders are showing increased interest, spurred by nearby attractions like the international airport and Mucherla Pharma City.
- Prime Real Estate Projects: The region features several notable real estate developments such as Dhathri Sree Townships, Amogh, Kavuri Integrated Township, Signature Luxury Mansions, and Ramky Discovery City. The presence of prestigious educational institutions and the Outer Ring Road further enhances the area’s appeal.
- Industrial and Electronic Growth: The area is becoming a hub for industrial and electronic manufacturing projects, including E-City (Fab City), SCL Electronics, and Wipro’s ESDM clusters. This industrial boom is expected to stimulate economic activity and create job opportunities, further boosting real estate values.
Advantages of Investing in Open Plots
- Affordability: Compared to major Indian cities like Mumbai and Bangalore, Hyderabad offers relatively lower land costs. This makes it an attractive option for first-time investors or those with budget constraints.
- High Appreciation Potential: Open plots along Srisailam Highway have significant appreciation potential due to rapid development and increasing demand for land. Investing in these plots could yield substantial returns in the future.
- Rental Income Potential: With urbanization accelerating, the demand for rental properties is on the rise. Investing in open plots can provide a steady rental income due to the area’s proximity to commercial centers and tourist attractions.
- Diverse Investment Opportunities: Open plots offer various investment possibilities, including residential, commercial, and agricultural uses. Investors can choose to develop the land themselves or sell it to developers for profit.
- Easy Resale: The high demand for land in the Srisailam Highway area makes it easier to resell plots. The area’s development and proximity to major projects enhance its attractiveness to developers and investors.
- Government Initiatives: The Telangana government has implemented several measures to promote investment, including a single-window clearance system and infrastructure development policies such as the Hyderabad Growth Corridor and Regional Ring Road.
Srisailam Highway Aerospace SEZ
The Aerospace SEZ along Srisailam Highway, developed by TSIIC, hosts numerous aerospace companies including Tata Boeing Aerospace Ltd, Adani Aerospace Ltd, and Nucon Aerospace Limited. This zone significantly contributes to the area’s industrial growth.
Rajiv Gandhi International Airport
Located near Srisailam Highway, Rajiv Gandhi International Airport is expected to boost the real estate market further. Its position in Hyderabad, a rapidly growing metropolitan city with a booming IT sector, will likely drive up land prices in the vicinity.
Hyderabad Pharma City
Hyderabad Pharma City is a major initiative by the Telangana government to develop the pharmaceutical sector. Covering 19,333 acres with an estimated budget of Rs. 16,395 crores, it aims to create a comprehensive pharma manufacturing ecosystem, including manufacturing units, a university, and a township. This project is anticipated to create significant job opportunities and drive investment in the region.
Tips for Investing in Open Plots
- Research Thoroughly: Investigate the area’s current and future developments, land prices, and market trends.
- Consult Experts: Seek advice from reputable real estate companies to identify the best investment opportunities.
- Verify Land Title: Ensure the land’s title and ownership are clear before proceeding with any investment.
- Consider Long-Term Potential: Focus on long-term growth rather than short-term gains.
- Plan Finances: Ensure you can cover the investment and associated costs, including registration fees and taxes.
Conclusion
Investing in open plots along Srisailam Highway offers a promising opportunity due to its affordability, high appreciation potential, and diverse investment options. With ongoing developments and government support, this area is set for significant growth, making it a wise choice for investors seeking substantial returns