HYDERABAD: Lying in the north east zone of the State, Sainikpuri was originally a residential area preferred by retired army personnel. Today, it is considered, one the upcoming premium residential localities undergoing major real estate transformation. Sainikpuri is no longer catering to just army regiment, civilians from the main city parts of Hyderabad and Secunderabad are very keen on properties here.
The old residences of Sainikpuri are slowly succumbing to new constructions undertaken by developers and builders. Multi-storey apartments, residential house, single floor apartment and villa are the prominent structures of the locality. Residential plots are also available in plenty. The capital value of these new residences varies between Rs 17 lakh to Rs 1 crore plus. Residential plots costs Rs 18 lakh onwards. Rent on Sainikpuri starts from Rs 4,500 onwards.
Ram Babu, Proprietor of Green Hood Realtors says “Sainikpuri can be compared to the posh localities of Hyderabad such as Banjara Hills and Jublee Hills. Peaceful locale with abundance greenery can be touted as the main reason for its growing popularity. Improved transport facilities to other areas of Hyderabad and Secunderabad also play an important role in its popularity.”
The connectivity of Sainikpuri is well developed. It is located about 2 km from ECIL Cross Roads, 3 km from RK Puram Railway Station and 6 km from Tirumalgiri Roads. The social infrastructure of Sainikpuri compromises of shopping malls, local markets, health centers, community halls, schools, clinics and restaurants. G P Kumar, a real estate broker of Anmol Reality, says “Sainikpuri located in North-East Hyderabad is close to shopping malls and premier education institute such as Bhavans College and Bhartiya Vidya Bhavan. People from nearby areas prefer Sainikpuri because of its proximity to green areas and the Khapra Lake. Daily requirements of the residents get fulfilled in the self sufficient social structure present.”
Some new and upcoming projects in Sainikpuri are Janapriya Lakefront by Janapriya Engineers and Matrixx Majestic by Matrixx Builders and Developers, among others.
A robust and growing locality, Sainikpuri will soon emerge as a favoured area to reside, in comparison to the neighbouring localities such as Madhavpuri, Dr. Ambedkar Nagar Colony, Lakshmipuri, Osmania Teachers Colony, Saibaba Officers Colony, Bhasker Rao Nagar, etc.