Friday, September 19, 2008

Advice on Buying a flat in Nizampet road and bachupally

Advantages
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1.Nizampet road is near to hitech city ie 8-10 kms from hitech city.
2.Many big projects are coming like madhucon mega mall on main road,maytas hill county in bachupally,mostly one indu groups project and some ventures like sadguru vertex.
3.Rents will be high ie u can expect around 7k for a 2bhk.
4.Educational centres like vikas,vignan,gokaraju rangaraju institute,pharam college etc are near by.
5.If IT boom continues then Maytas will have 2 development centres inside matyas hill county.
6.A new metro railway station is coming near it.
7.A 100ft road is being laid
8.they are going to give manjira water.
9.Near to all private and govt buses to different places.
10. If rumors come true metro project may get extended put nizampet centre.
11.untill telangana comes the rates will be stable and if it comes rates may fall down still.
12.Rates are reduced very much once it was around 3000rs/sqft now u can get a good one for 2000rs/sqft.
Disadvantages
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1.You can see many apartments coming without any plan ,no ventlaition etc.
2.If all apartments are completed in time then there will be more flats vacant
3.If IT losses its pace this road loses it shine.
4.dusty area as construction is going on.
5.it may become one more amerpet ..no good for family living.
6.The rates may come down if telangana comes.
7.No proper documents for some apartments constructed.
8.Far from secunderabad railway station.
9.Many builders are struck in the nizampet road,they are not able to sell.
10.Many apartments construction is getting delayed..some dont even deliver in the time they say.
11.if it rains heavily ..then water logging will be there.
12.In future ground water level may go down bcoz of many people constructing apartments.

My option:

If you get a good deal like 2000rs/sqft or below and if bank gives emi free offer till the apartement completes you can take it and see that it is near to matyas hill county or main road as inside the side roads apartemnts doesnt have proper space even for big cars to go.You can take the flat and rent it .

4 comments:

Risinia said...

Thanks for sharing the article.with this i clearly understood why to buy flat in nizampet road and bachupally

Kishore reddy said...

Thanks for sharing these useful Information

Estate dekho said...

Nice Blog

Thanks for your valuable Information.

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Estate Dekho said...

Nice Post
Thank you so much.

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