Yadagirigutta- A Temple City with Emerging Realty Hot Spot in Telangana

1. Yadagirigutta- A Temple City with Emerging Realty Hot Spot in Telangana Pragati Yadarushi Township

2. About Yadagirigutta: • Yadagirigutta lies 60 Km from Hyderabad. Popularly known for its Narasimha Swamy temple, the area is slowly gaining prominence in terms of real estate as well. • Lakshmi Narasimha Temple also known as Yadadri and Yadagirigutta, is a popular hindu temple situated on a hillock in Yadagirigutta of Yadadri Bhuvanagiri district of the Indian state of Telangana • However, it is important to note that development in Yadagirigutta is still at nascent stages. Nevertheless investors and buyers are already keen on investing in plots here. • Yadadri is the Telangana iconic place as hill temple of lord Narasimha Incarnation of Vishnu establishing with 9hills development as Navagirulu.  • Hyderabad is one of the fastest growing metropolitan cities in India. Many of the prestigious projects related to Software, Medical and Education have been established in the city and most of them are established on National Highway NH-202/163 connecting Hyderabad and Warangal. • As like Tirupati, Yadadri is being developed as a Temple City and going to be merged with the neighbouring metropolitan city- Hyderabad enforced on it. IID is presenting a Commercial & Residential layout Venture in about 28 acers within 250 mts distance from Highway which is connecting Warangal Highway.

3. Planned Development • Yadagirigutta is a famous temple town which is undergoing a major makeover. Thanks to Telangana chief minister K Chandrashekhar Rao's special interest in the locality, both social and physical infrastructure is witnessing a lot of development. • It all started with the CM visiting the area and announcing the government's plan to develop it, followed by the establishment of a separate establishment of Yadagirigutta Development Authority (YDA) has been promised by Telangana Chief Minister, K Chandrashekhar Rao. • As per the state budget 2015-16, Rs 100 crore was allocated for Yadagirigutta's development. Riding on the promise, fund allocation and religious significance of the area, real estate's future prospects here seem encouraging. • Yadagirigutta is a famous temple town. Telangana Chief Minister K Chandrashekhar Rao plans to develop it as a spiritual place like Tirupati.

4. Infrastructure Planning: • A proposed regional ring road is expected to pass through the locality. A four-lane road from Raigiri to Yadagirigutta has been proposed and internal roads within the locality are also being improved. Plans are also afoot to provide a monorail for the temple town, besides bus and other transport facilities. • The water availability in the locality is stable as it is supplied by the Hyderabad Metropolitan Water Supply Board (HMWSB). Social infrastructure of the area is yet to develop, however with the constitution of YDA; it is expected to be quick.

5. Real Estate Scenario • Currently, the realty market is at the nascent stage with residential plots being the most offered property type. • Majority of these plots are freehold and are being offered by local developers. Few are a part of the gated communities with loans available from reputed banks. The value range of plots is between from Rs 1 lakh and goes up to Rs 12 lakh with size ranging from 540 to 4500 sq ft. • Primary real estate offerings in the locality are residential plots. Majority of these plots are freehold and are being offered by local developers. Some of them are part of gated communities as well.

6. Property Price Trends in Yadagirigutta • The property rates in Yadagirigutta, Hyderabad keeps changing and if an investor wants to maximise the profit they need to act as per the market movement. • The price trends section helps a property stakeholder to look at the ever-changing property prices in Hyderabad and its corresponding Yadagirigutta in form of graphs. • The real estate buyers can consult these graphs and get information about quarterly changing price trends of Yadagirigutta, Hyderabad so that they can take a wise decision. • The price of properties in Yadagirigutta starts from ₹ 1.20 lacs and the average price of properties in Yadagirigutta is ₹ 10.02 lacs. • The price range of properties in the Yadagirigutta is ₹ 1.20 lacs-20.00 lacs. Hyderabad has as shown a up trend, and the Yadagirigutta has shown a down trend since the last six months.

7. Should I invest? • Because of the initial phase of development, Aju Thomas, president of Trinity Partners advises buyers to be more cautious and realistic while investing. • On being asked, “Should investors eye such market or it is too early to delve into?“ He says, “Let us not eye every activity from an investor perspective, doing that spoils the market. • The Shamshabad fiasco in 2005-08 was because of such herd investor mentality. In real estate, investors should look at long term practical prospects rather than banking on short term speculations.“

8. Conclusion: • Thomas, says, “I am sure the temple town’s development would improve with funds being poured into improving rail and road connectivity.” • A proposed regional Ring Road is expected to pass via. the locality. Plans are also afoot to provide a monorail for the temple town, besides bus and other facilities. Social infrastructure of the area is yet to develop, but with the constitution of YDA, it is expected to be quick. • Hence The above all showing a huge development is going on. In the near by future, Yadagirigutta is going to be huge demand. So now the lands in there are not that much high as compared to Hyderabad plots, but later it will definitely increase the price after completion of development in this area, hence book your HMDA Approved Plots for Sale in Yadagirigutta.

9. Contact Us: • For more details and to book your plots please visit Plots for sale in Yadagirigutta. Pragati Yadarushi Township • 200 Acres Mega Residential Township, @Mallapur , Yadadri. THANK YOU