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Secunderabad Property Market Price Trends!

Secunderabad, named after the third Nizam of the Asaf Jahi dynasty Sikandar Jah, is located in the new-formed Indian state of Telangana. It is located at a distance of just 8 km from the state capital and is therefore popularly called the twin city of Hyderabad. The two cities are divided by the Hussain Sagar Lake. Formed in the 19th century under the British rule, Secunderabad is now a part of Hyderabad municipal unit, making it one of the largest metropolises of the country. With Hyderabad becoming a major IT hub and many corporate companies setting their foot in the city, Secunderabad is rapidly developing to welcome migrants from its twin city.

 

Infrastructure & Connectivity
Owing to the rapid growth of the IT sector in the city, there are a number of infrastructural developments that have taken place in Secunderabad. Secunderabad Cantonment area is under the Cantonment Development Plan which has enhanced the productivity, removed poverty and provided access to the basic amenities and services. Many healthcare institutes, educational centers, entertainment places and civic structures have been set up in the country. In terms of connectivity, Secunderabad is seamlessly connected to both North and South India through the rail network. The Rajiv Gandhi International Airport in Hyderabad is just a few kilometers away from the city, thus providing easy connectivity to different parts of the world. It is also connected to different places of the state through interstate bus connectivity.

 

Demography
According to the Indian Census Reports of 2011, the overall population of Secunderabad during that year was 217,910. Out of this population, males comprised of 51% while females were just 49% of the whole. The literacy rate of the city is 85.07 %    with male literacy rate being 89.25 % and female literacy rate being 80.51 %. The sex ratio of the city is 919 females for every 1,000 males. The child sex ratio is still higher with 935 girl children for every 1,000 boys.

 

Life Style
Secunderabad, being a cantonment area, has always fostered a disciplined and army-like lifestyle. People of the city are warm and welcoming and live a very balanced life. They love spending their time at the Hussain Sagar Lake and other parks and gardens that the city is dotted with. Unlike the city of Nawabs, the people of Secunderabad are quite liberal in their attitude. The people love indulging in dance and music while celebrating the festivals of various religions. As modernity hit Secunderabad, a number of malls, shopping complexes, multiplexes, restaurants, gardens and other entertainment centers opened up within its precincts.

 

Key localities in Secunderabad
Real estate in Secunderabad has seen a fast growth in the past few years and many new localities have surfaced up. Even the existing localities of the city have been given a facelift to suit the changing lifestyle of the people. Here are the key localities in and around the city that have improved the face of Secunderabad real estate and would be the best choice for anyone who wants to buy property in Secunderabad. Like as Sainikpuri, Yapral, Kompally, Shamirpet, Uppal, Yadagirigutta, Suchitra, Habsiguda and others.

 

Real Estate Market
Builders of Secunderabad have played an important role in the development of the city. They come up with the most advanced and modern residential and commercial projects from time to time to fulfill the growing property needs. You can see banners with ads like “Property for Sale in Secunderabad” and “Property for Rent in Secunderabad” in every nook and corner of the city highlighting the modern amenities that are present in the new projects. Here is the list of the top builders in Secunderabad: ARK Builders, Gk Developers, Choice India, Sumashaila Infrastructure, Maruthi Builders, Rishi Jaideep Estates Pvt Ltd, Lodha Group and others

 

Projects in Secunderabad
There are many under-construction and ready-to-move-in projects that you can find in Secunderabad at an affordable price. From residential projects to commercial and industrial projects, the builders of the city have constructed the best in class projects to uplift the face of Secunderabad real estate. You can find all types of residential projects like affordable flats and apartments and even luxury bungalows and duplexes. There are a number of commercial projects as well near the busiest markets of Secunderabad to help the people set up business in this city.

 

Govt Projects in Secunderabad
The Telangana Government comes up with new plans and housing schemes to provide affordable housing to all the people. Under the Pradhan Mantri Awas Yojana, there would be 100 2BHK houses constructed in Chacha Nehru Nagar, 78 in Zeera Compound, and 50 in Old Pattigadda. The government has also taken the initiative to transform the slums in ACS Nagar G+3 type flats.

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