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Nov 30, 2022

Airport to IT Hub’s-Metro Rail, 31km long. It’s Impact on Real Estate

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Telangana State Government has announced a Metro Rail project costing Rs.6250 crore that is entirely funded by the government. This Metro rail connects the IT hub in the western region of Hyderabad to the Shamshabad Airport located in the southern region of Hyderabad with a travel time of just 20 mins. The metro connects with areas like  Nanakramguda, Narsingi, TS Police Academy, Rajendra nagar, Shamshabad, Airport Cargo Station to name a few. Phase 2 is being planned as well. This is a huge news for Real Estate and the southern area of Hyderabad will see a hike in the next 3 years as the project gets closer to completion. It is expected that this news will increase investments around Bangalore Highway where couple of Data centres are already under works, and also areas like Shadnagar, Thimmapur, Kothur, Maheshwaram, Mansanpally, Mamidipally is expected to see momentum. On the other hand, Bangalore highway is transferring to an 8 lane road. All these areas will see a leap in terms of Real Estate. There is a lot of activity recently in terms of construction near the Srisailam highway, and it seems real that Pharma city will open soon and so lands near Kadthal, Tukkuguda, Amangal also are seeing a lot of demand post the pandemic. Belt between Bangalore highway and Srisailam highway is the promising place to invest currently according to the experts.

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