HMDA Approved plots in Bhongir, Hyderabad
If you’re looking for HMDA approved plots in Bhongir as well as HMDA plot rates in Bhongir then this blog post is just for you! As the title suggests we will go into detail about HMDA approved plots in bhongir as well as the HMDA plot rates.
HMDA approved plots in Bhongir is a good investment for individuals and investors. The HMDA approved plots are located in the heart of Bhongir town, close to all the important amenities. The plots are spread over an area of 2 acres and are available in different configurations such as corner plots, wide front plots, back to back plots etc.
The HMDA approved plots in Bhongir are an excellent investment option as the area is growing rapidly and offers good returns in the future. The plots are situated close to all the important amenities such as hospitals, schools, colleges, supermarkets, malls etc. which makes them very convenient for living. The HMDA approved plots are also available at an affordable price. Due to their location, HMDA approved plots are an ideal option for investment along with living purposes.
The HMDA APPROVED PLOTS IN BHONGIR are situated in a prime location of Bhongir town which is well connected by roads and other means of transportations. It is 3 Km away from the NH 9 road.
To start with HMDA approved plots in bhongir you need to know that there are HMDA approved plots for sale and some are under construction. You can also use HMDA plots for residential purposes as well as commercial purposes. HMDA plots are available of multiple sizes and can be used according to your needs whether it is a plot for sale or under construction or land.
HMDA Plot Rates in Bhongir
The HMDA plot rate is the price of a property as per HMDA norms which will change depending upon whether it is an HMDA approval for sale or HMDA under construction. However, it may vary according to when you are buying them and where they are located.
We have already mentioned HMDA plot rates being changed depending upon whether it is an HMDA approval for sale or under construction, but have you ever wondered why HMDA plotted land rates change? HMDA plots are classified into various types depending upon the location and its surroundings. The type of HMDA plot will affect the cost as some parts of Hyderabad may be more expensive than others.
Plot rates in HMDA approved plotting area is between Rs. 55/- per sq ft and Rs. 85/- per sq ft for corner plots, Rs. 50/- per sqft for front-facing plots and Rs. 40/- per sqft for back-to-back plots respectively.
So now that you know all about HMDA approved plots in bhongir and HMDA plot rates, you are well prepared to buy HMDA approved plots in bhongir.
Developments in Bhongir:
Bhongir is a city in the Yadadri Bhuvanagiri district of Telangana. Developments here are moving very fast. So much so that Metro rail is being planned to be extended up to Hyderabad which is about 30 KM from the city of Bhongir.
Infrastructural Developments in Bhongir:
The Postal Head Office of the city is gearing up to set up a campus of World Telugu University as well as an exclusive railway station for this university. There are also plans of building a food street near this railway station. Tourism has been boosted by including Bhongir in the Heritage City project of the Telangana government.
Developments are also taking place in the education sector like the setting up of the Indian Institute of Pulses Research near Miryalaguda which is about 18 KM from here. Developments are being carried out in the health sector as well with the construction of a super-speciality hospital named Prasad Hospital to be set up at a cost of Rs.350 crore.
Bhongir Municipal Corporation is also coming up with a megaproject to develop the area near the railway station at a cost of Rs.700 crore which will include the construction of office buildings, shopping complexes, hostels and parking spaces. This is an ambitious project and is likely to change the landscape of the city.
Apart from all these, there are also many private players who are coming up with housing projects and other commercial establishments. This is surely going to add to the development of the city.
All in all, it can be said that Bhongir is booming with development and new opportunities for its residents! So it is the best time to buy plots in Bhongir, Hyderabad.
Real estate developments in Bhongir:
Real estate developments in Bhongir are growing day by day. The real estate business is becoming very popular nowadays because of the hike in land rates and the cost of urbanization. Real Estate has also seen incredible growth over the past few years with many builders launching new projects every year.
There are many luxury projects coming up in and around Hyderabad and Bhongir is one of them. The luxury apartments and villas here come with all the world-class amenities that you would expect in a top-notch project.
The location of Bhongir is also a major advantage as it is well connected to all parts of Hyderabad via both rail and road. In addition, there are plans for a new airport at Gannavaram, which will be just 20 km away from this suburb.
Currently, there is tremendous growth in the Real estate industry and we can expect growth for many years to come as the city’s infrastructure continues to improve. The real estate market has also seen big hikes as it is one of the best options for investment.
So, if you are looking for a property in Hyderabad or its outskirts, Bhongir should definitely be on your list. The best part is that the prices here are still very affordable compared to other parts of the city. So, hurry up and book your dream home before it’s too late!