Miyapur & Sainikpuri Record Increase In Apartment Values

[Spartan]

Hyderabad
The price of apartment complexes in localities like Miyapur and Sainikpuri have reported a rise in value. While Miyapur recorded about 10 per cent increase in price of some apartments, Sainikpuri witnessed a little less than 8 per cent growth in the last couple of months.
Developers attribute this trend to several reasons. These include launch and completion of several projects in addition to rise in the price of raw materials like cement and iron and steel.
“Places like Miyapura have witnessed rise in price as several projects have neared completion, also the area has witnessed a quantum increase in new projects,’’ observed Sreedhar Reddy, M D, Lanar Realtors. “In Sainikpuri, in addition to completion of projects, developers have had to raise the prices of ongoing ones as the prices of raw materials have gone up remarkable. All these factors have translated into spurt in price of apartments.

The price of cement has witnessed an increase of over Rs.40 per bag, while even sand has recorded a 5 per cent increase in price per load.
“Although places like Miyapur have witnessed the launch of several new projects, the price of apartments in these localities has risen by about 20 per cent, primarily because it is no longer viable for the developer to absorb the increase in cost of construction,” states Ibrahim Sattha, Proprietor, ValueProp Developers. “A temporary rise in price, even if it is a significant one is generally absorbed by builders, but when the price stabilizes at this level for a longer period of time, it hits the bottom line of the projects, resulting in an increase in cost of apartments. It is this rise that is being witnessed now.”
Others however attribute increase in price in these areas to different reasons.
According to Ramesh Babu, Head of operations (Hyderabad), Metro Space, Sainikpuri is growing primarily because of two factors. “Several high government officials have settled there and with several IT companies setting-up shop nearby the area is fast developing into the nearest hub,” observes Babu.

[Gachibowli_Diwakar]

metro station osthe miyapur ki .. rates inka perigipothay

[galigannarao]

[quote name='Silence..Please' timestamp='1365791785' post='1303593115']
metro station osthe miyapur ki .. rates inka perigipothay
[/quote]k [img]http://stream1.gifsoup.com/webroot/animatedgifs/432267_o.gif[/img]

[tom bhayya]

[quote name='Silence..Please' timestamp='1365791785' post='1303593115']
metro station osthe miyapur ki .. rates inka perigipothay
[/quote]
uncle ekkada konnavu villa monna vellianppudu ... cash down anta kadha

[tom bhayya]

[quote name='galigannarao' timestamp='1365791824' post='1303593123']
k [img]http://stream1.gifsoup.com/webroot/animatedgifs/432267_o.gif[/img]
[/quote]
uncle katnam kindha miyapur lo 1 acre vachindhi anta ga venture vesthey cheppu [img]https://lh4.googleusercontent.com/-XNdU0JELn4M/UWQsd7yEtPI/AAAAAAAACQ4/h1kwSFtRUWo/s195/iddarammailtho6.gif[/img]

[jersey babai]

3 bedroom group home lantidi 95 lakhs anta.

Last week telisina vallu tesukunnaru.

jeevithamtam loan kattukovali emo

[galigannarao]

[quote name='Alexander' timestamp='1365791906' post='1303593131']
uncle katnam kindha miyapur lo 1 acre vachindhi anta ga venture vesthey cheppu [img]https://lh4.googleusercontent.com/-XNdU0JELn4M/UWQsd7yEtPI/AAAAAAAACQ4/h1kwSFtRUWo/s195/iddarammailtho6.gif[/img]
[/quote]
naadi hyd kadu big uncle. mana musalodu ACPki vachindi anta 1.5 acre. akkada goku

[Kakateyudu]

[quote name='BABUU' timestamp='1365791976' post='1303593139']
3 bedroom group home lantidi 95 lakhs anta.

Last week telisina vallu tesukunnaru.

jeevithamtam loan kattukovali emo
[/quote]
[img]https://lh4.googleusercontent.com/-XNdU0JELn4M/UWQsd7yEtPI/AAAAAAAACQ4/h1kwSFtRUWo/s195/iddarammailtho6.gif[/img]

[jersey babai]

[quote name='Biryani' timestamp='1365792037' post='1303593148']
[img]https://lh4.googleusercontent.com/-XNdU0JELn4M/UWQsd7yEtPI/AAAAAAAACQ4/h1kwSFtRUWo/s195/iddarammailtho6.gif[/img]
[/quote]


elaagey aapice lo andarini shake cheyyistunnav ata ga ?

Agraharam lo talk

[fulltimedasu]

Telangana vaste hyd real estate [img]https://lh4.googleusercontent.com/-XNdU0JELn4M/UWQsd7yEtPI/AAAAAAAACQ4/h1kwSFtRUWo/s195/iddarammailtho6.gif[/img]

[tom bhayya]

[quote name='galigannarao' timestamp='1365792012' post='1303593142']
naadi hyd kadu big uncle. mana musalodu ACPki vachindi anta 1.5 acre. akkada goku
[/quote]
madhurawada lo achindhi antaga neeku 1 acre [img]http://stream1.gifsoup.com/webroot/animatedgifs/432267_o.gif[/img]

[galigannarao]

[quote name='Alexander' timestamp='1365792283' post='1303593177']
madhurawada lo achindhi antaga neeku 1 acre [img]http://stream1.gifsoup.com/webroot/animatedgifs/432267_o.gif[/img]
[/quote]
aah venture start cheste tappaka inform chestale neeku. manchi discount rate ista..

[fulltimedasu]

invest in Vizag man tats it

[tom bhayya]

[quote name='galigannarao' timestamp='1365792381' post='1303593184']
aah venture start cheste tappaka inform chestale neeku. manchi discount rate ista..
[/quote]
madhurawada lo stadium daataka manki okati apartment construction going on evaranna intrest untey cheppu [img]http://stream1.gifsoup.com/webroot/animatedgifs/432267_o.gif[/img] discount ippidham

[Kakateyudu]

[quote name='BABUU' timestamp='1365792143' post='1303593162']


elaagey aapice lo andarini shake cheyyistunnav ata ga ?

Agraharam lo talk
[/quote]
[img]http://lh5.ggpht.com/-dyRHIRi7jxg/URXHv97MRsI/AAAAAAAAJ1w/CeSlfBToPNs/s150/Brahmi-8.gif[/img] antha abaddam