Since its establishment in 2019, Narsingi Municipality has been a hotspot for homebuyers and real estate investors. The clientele buying real estate in Narsingi have mainly considered the short driving distance from Mehdipatnam and its proximity to the financial district.
One of the things that work in its favor is that it has the scenic Gandipet lake on its side. Further, it is dotted with high-rises and gated communities, within which its population of 63335 resides. It is also worth noting that Narsingi has four prestigious engineering colleges and even access to international flights just a 30-minute-long drive away by the Rajiv Gandhi International Airport (Shamshabad).
Narsingi land rates and rents
Based on your lookout for 1/2/3Bhk, the rents may be in the range of Rs.8000, 15000, or even 20,000. On average, the strategically located Narsingi land available for residential purposes is 65000-80000/Sq. Yd. It is worth knowing you have to pay an average land area government price for registration, which comes to Rs.6000/Sq. Yd.
Also, a house with 2BHK, which has around 1030 to 1507 sqft, can be expected to sell for anything from 40 to 95 lakhs. Meanwhile, you may need 60 lakhs to 1.40 crore to afford a 3BHK (1200 - 2280 sqft) property. For anything 4 BHK (2600 - 5440 sqft), you have to shell out between 2.11 to 4.90 crore or above.
If you are someone looking for new villas or residential apartments, Narsingi has a decent amount of land for that purpose as well. There are also significant developers looking to build high-rises that are HMDA approved.
Residents can make use of a variety of transport options that serve both business and personal needs. Narsingi, the urban town that falls under Gandipet Mandal, has the twin advantage of the presence of the Outer Ring Road (ORR) and Internal Ring Road (IRR). From both Mehdipatnam and Gachibowli, bus services are available for Narsingi. In less than a half-hour, residents can also reach the famed Rajiv Gandhi International Airport. Additionally, its transport facilities will be bolstered by the upcoming Airport Express Metro corridor. This 3-km-long underground stretch will cover Biodiversity Junction, Nanakramguda, Narsingi, TS Police Academy, Shamshabad, and RGIA Terminal. A striking aspect of the metro is that from Mindspace to Airport, the entire metro route will be elevated.
Narsingi is exceptionally well connected with various transportation services available, especially to the Kokapet, Gandipet, Gachibowli, and Mehdipatnam regions.
Narsingi - A locality that has everything you need.
The land in and around Narsingi is full of highly renowned schools and colleges that make it a parent’s delight. Brilliant World School, The Global Edge School, SR High School, and Euro Kids are a few of the prominent schools the locals have the privilege of attending. Besides, you have the option of choosing from top higher learning institutions, such as Vasavi College of Engineering, Chaitanya Bharathi Institute of Technology, Narayana College, etc.
Aside from this, the area is filled with lush greenery. Further, residents benefit massively from the lack of pollution and proximity to well-equipped hospitals that are easy to reach.
Given how much potential it has, real estate in Narsingi will undoubtedly turn out to be a significant investment. Be one of the first to take advantage of the unbelievable valuations on offer today—opportunities of this nature are rare.