What Makes Adibatla In Hyderabad A Happening Real Estate Market
A locality in Hyderabad, Adibatla, has recently gained traction among investors given the rise in number of upcoming projects here. This has also led to the rise in demand for real estate in Adibatla. In the last 41 months, property prices in Hyderabad has seen an increase of 18 per cent. This acts as a strong point for investing in Adibatla's real estate market. Along with this, the locality has also witnessed the coming of many technology firms thus, inviting working population from different corners of the country. This further creates the demand for affordable flats in Adibatla, Hyderabad.
The IT hub
The emergence of Information Technology Investment Region (ITIR) in Adibatla is the prime reason for the rising demand for plots and apartments in Adibatla. Some of the companies setting base here include Tata Advance System Ltd that has obtained a land of 50 acres in the 250-acre Aerospace and Precision Engineering Special Economic Zone (SEZ) . Along with the Tata unit, the land has been allotted to MTAR and to other local manufacturers, too.
Good transportation facilities
Adibatla's proximity to the Outer Ring Road makes commuting easier for the locals. The road links the locality to Rajiv Gandhi International Airport, located at a distance of 12.1 kilometres. Moreover, Begumpet Airport and Nadirgul Airport are some of the other nearest airports. Along with this, the nearest railway station is located at a distance of 13.7 kilometres.
Real estate in Adibatla
Adibatla is one of the upcoming real estate market in Hyderabad. The locality is surrounded by developed areas such as Bongloor, Shamshabad, Maheshwaram, Vanasthalipuram, Auto Nagar, Balapur, Nadergul, Saroor Nagar, Ibrahimpatnam and LB Nagar. Many established developers are investing and developing projects in Adibatla. Some of eminent ones include Sark Projects, Devansh Constructions, Modi, Santos Estates, Sri Sri Gruhanirman, Avigna Projects, HPR, JB, PS RAO Housing and YPR Real Estate. The apartments in Adibatla are available with a built-up area varying from 531 sq ft to 12,412 sq ft. The average price of plot for sale in Adibatla is Rs 888 per square feet.