Why Hyderabad's Chandanagar Makes Sense For Property Brokers
If you are looking to better your returns and up your game in the brokerage business in Hyderabad, Chandanagar is the locality you should be headed to. The locality is riding high on investment, hence, now is the right time to put your time and energy here.
MakaaniQ on what makes Chandanagar a lucrative market to boost your brokerage business:
As it is popularly said: location, location, location. If this is something that matters the most in real estate, Chandanagar makes a case in point. One of the best locations in Hyderabad, developers have been choosing it along with Gachibowli, Manikonda and and Kondapur, for their new residential projects and expansion. That ensures plenty of real estate supply in the area.
From the demand perspective, Chandanagar locality remains a preferred destination for homebuyers.
Chandanagar is located on the Mumbai Highway which further connects it to the Outer Ring Road (ORR). Through this 158-km long ORR, one can reach to key localities in Hyderabad.
Not just that, the ORR is further connected with Internal Ring Road (IRR) and upcoming Regional Ring Road, making it a key selling proposition of Chandanagar.
The locality has access to a well-established public transportation system with state transport buses covering nearly all the major localities including Jubilee Hills, Gachibowli and Secunderabad.
Needless to mention that such an extensive network of roads connects it with all the commercial hubs of the city. The city railway station is located at a distance of 20 km while Rajiv Gandhi International Airport, is about 40 kms from the locality.
The livability of a locality is adjudged on the basis of its infrastructure and Chandanagar won’t disappoint your clients on this front. Here is a quick list of some of the facilities you can share with homebuyers:
- Schools: Gowtham Model School, New National High School, Jai Jawahar High School, Sree NVS Innovative School & Vidya Vani High School
- Colleges: Narayana Junior College, Sri Chaitanya Junior College & Sri Gayatri Junior College
- Hospitals: Vishnu Hospital, Mythri Hospital, Kadimi Nursing Home, Sai Anurag Hospitals & Srikara Hospitals
- Super Markets: More Super Market, Vijetha Super Market & Deva Super Market
Generally, a 1,000-sqft apartment in this locality can be bought in the price band of Rs 30-40 lakh, the average price being Rs 34 lakh. Isn’t that a great deal for your clients?
Even a start to mid-level corporate employee earning can buy a residential property in Chandanagar, with an average EMI at Rs 20,000-35,000.
Meanwhile, a fresh impetus to the city’s status of Information Technology Investment Region (ITIR) is likely to boost the buyer sentiment in Hyderabad. The job market in the city would become more vibrant and more number of people would be on a look-out for their dream homes – and you know where to take them for a site visit!