lements of Hyderabad’s Dilsukhnagar LB Nagar
Apr 28, 2014
Source : The Times of India

 

HYDERABAD: Located in the south eastern quadrant of the city the Dilsukhnagar-LB Nagar stretch has a mixed urban fabric containing dense residential communities that have saturated over a period of time and an unorganised retail corridor that is slowly changing its character. Dilsukhnagar is a major commercial and residential locality widely known for educational institutions, retail and entertainment facilities making it one of the busiest hubs in the city.

The early stages of commercial and residential development were predominantly one or two storied individual houses with unorganised retail developments along the Mumbai highway, but with land values growing steadily, the density has increased by multiple proportions over the last 10-15 years. The whole area comprising of Kothapet, Saroor Nagar and LB Nagar on the other hand is a dominant residential zone with a commercial mix on the highway. On the residential front, affordability in the form of mid-end builder floor apartments has played a major role in the last five to six years. The average capital values are around INR 2,500 – 3,000 per square feet and some variations can be expected depending on the location, accessibility and amenities.

In retail, fast fashion brands are quickly moving up the game and several international brands have opened stores in the last 12 months along Dilsukhnagar – LB Nagar stretch. At present, branded retail outlets are confined to stand alone retail developments on high streets due to the lack of quality mall space.

The upcoming metro connecting LB Nagar to Miyapur at the northwestern corner of the city can be a game changer for this area. The metro will pass through Dilsukhnagar-LB Nagar stretch with a stop at Chaitanyapuri. This particular stretch is likely to witness a complete makeover with the large-scale developments over the next five to seven years. Keeping in mind the residential catchments all along this stretch, there is scope for development of multi-functional spaces that offer an overall shopping and entertainment experience to customers.

Dilsukhnagar in the present form is highly dense and has scope for redevelopment, whereas LB Nagar still has some room to grow further. Physical and social infrastructure needs to be upgraded to the next level to facilitate the next round of growth. Planned development of the major nodes, focusing on traffic hotspots is a must with immediate effect at least to begin with.

Latest Realty News

Will the elections end the fence-sitting in Hyderabad?
Apr 25, 2014
HYDERABAD: With the general elections going on in the country, every state seems to be in a revival mode. People are up for a change and are looking for some fresh policies and reforms. Hyderabad goes for polling on 30th April. Despite being one of the best livability options in the country, uncertainty over the political factors took a toll on Hyderabad’s property market. Most of the buyers have become fence-sitters and have left the decision of buying a property on the election results and fut
Right time to invest in Hyderabad realty
Apr 20, 2014
HYDERABAD: Hyderabad’s real estate market is picking up momentum. The growth of financial districts, IT parks, educational institutions and malls has added to this growth. The outlying stations sandwiched between Gachibowli and BHEL, with little development and availability of vast open lands, have steadily been lapped up by construction companies. Nallagandla and adjoining Tellapur have transformed into a residential-cum-commercial hub. Last year the launch of the metro, with its well-connected
How to plan your property purchase
Apr 19, 2014
HYDERABAD: Home is where the heart goes the popular adage. It’s one of the biggest and probably the most significant investment that entails a lot of planning. The word planning does not necessarily mean mobilisation of funds or scouting for the best home loan offers.
Right time to invest in Hyderabad realty
Apr 18, 2014
HYDERABAD: Hyderabad’s REal Estate market is picking up momentum. The growth of financial districts, IT parks, educational institutions and malls has added to this growth. The outlying stations sandwiched between Gachibowli and BHEL, with little development and availability of vast open lands, have steadily been lapped up by construction companies. Nallagandla and adjoining Tellapur have transformed into a residential-cum-commercial hub. Last year the launch of the metro, with its well-connected
Miyapur-Chandanagar: North-west expansion of Hyderabad
Apr 16, 2014
HYDERABAD: The spill over effect of Madhapur, Kukatpally and the gradual north-west expansion of the city has brought Miyapur-Chandanagar belt into the limelight. It has gone through a transformation over the years, from sparse residential colonies housing employees from the nearby industrial localities into a bustling residential and commercial centre. It has been one of the rapidly growing suburbs in the city post 2006-07. Proximity to the IT corridors and improving infrastructure facilities h
10 taxes you should know about
Apr 15, 2014
HYDERABAD: Taxes, along with taxation rules are one of the most complex and confusing topics of any financial system. This complexity arises because of different types of taxes with different tax rates and continuous amendments in the taxation rules which are retrospective and prospective at times. Through this article, we will try to figure out different types of taxes levied in Indian financial system and their effects.
Capturing opportunities in the complex real estate terrain of India
Apr 15, 2014
HYDERABAD: Real estate is an asset class that demands specialised skills and the complexity surrounding this sector, increases in the Indian context. Compared to the mature real estate markets in the developed nations, buyers in India need a higher degree of diligence before entering into property agreements. Issues pertain to ownership rights of the property, understanding the difference between usable area and saleable area in the absence of standardised definitions, completion of the project
Realty sector creating avenues of employment in Hyderabad
Apr 15, 2014
HYDERABAD: Infrastructure growth has been playing a vital role in providing employment in both organised and unorganised sectors in India and Hyderabad in particular. In fact after agriculture, real estate sector is the second largest creator of employment. In Hyderabad several large scale housing projects have come up in the last five to ten years and there are many more projects which are in the pipeline. Several supporting infrastructure need to be built for these projects such as water suppl
Cyrus Mistry's family owned company accuses its attorney of fraud, illegal land sales
Apr 12, 2014
HYDERABAD: A company owned by the family of Tata Sons chairman, Cyrus P Mistry, has accused the attorney it hired to take care of issues related to properties it bought from the Hyderabad Nizams of fraudulently selling them.
Draw Policy for Assets Deal: RBI
Apr 11, 2014
HYDERABAD: The Reserve Bank of India urged banks with offices abroad to formulate a policy for overseas real-estate transactions.

Latest Realty News Of State

Realty Talk's