Increased user interest has been recorded for this locality on the discussion forum platform on MagicBricks.com. Responding to a user query, Shishir Gupta of Property Discount In says “Pocharam is a good investment option. In the recent times, the development towards Pocharam on Warangal Highway from Hyderabad has grown substantially.”Pocharam has been witness to an increased interest from prospective buyers, looking to invest inresidential property, due to proposed IT developments in the vicinity. Located on Warangal Highway, the locality will benefit hugely owing to the proposed Singapore Township, Raheja Mindspace IT Park, and upcoming Infosys campus which is spread across an area of about 440 acres.
Projects like Modi Emerald Park by Modi Properties, Narmada Homes by LNR Projects have already come up in this locality to tap the prospective buyers who relocate here in search of jobs. Narmada Homes project is located within 7 kms from Uppal, near the IT SEZ in Pocharam.
Another city based realtor says, “Pocharam is a fast developing neighbourhood locality in East Hyderabad. It has many housing projects coming up with proposed MRTS station and the Outer Ring Road passing through the locality. Raheja’s Mind space Software Park and Infosys software complex is located here.”
The capital value of apartments in this locality ranges from Rs 2,000 to 2,500 per sq ft. Local realtor Ravi Kumar said that the locality has several advantages like proximity to Uppal, upcoming IT campus, companies like TCS, Wipro are also setting base here and availability of shopping complexes and theatres in the periphery. Kumar added that there is a proposed metro station that will come up near Pocharam, which will further boost prices of property.
In addition, the Pocharam Forest and Wildlife sanctuary is located within 15 km of Medak. Pocharam also has an advantage of being located close to localities like Kondapur, Narapally, Cherlapalli, Boudha Nagar, among others.
No comments:
Post a Comment