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Narsingi offers properties at affordable prices


Narsingi offers properties at affordable prices

Narsingi is fast emerging as one of the preferred real estate destinations in the city. With a major junction of Outer Ring Road (ORR) at Narsingi, the area offers a good deal of real estate advantages. High rise apartments, gated community villas and open plots are available in the area.

Majority of the crowd residing here is employed in the IT and ITeS sectors. Currently Narsingi comes under gram panchayat and falls in Rajendra Nagar mandal of Ranga Reddy district.

Real estate prices in Narsingi could be termed as fairly affordable. One could find a project that quotes a price of Rs2,500 per sq ft. On an average pricing here ranges between Rs3,000 per sq ft to Rs 3,500 per sq ft.

There are some projects in the area boasting of more advanced facilities and are priced even higher. While there are apartments in 2BHK format, many projects have 3BHK format apartments presumably due to comparatively lower real estate prices.

Narsingi also has many projects in gated community villas. The approximate starting price for villas in gated communities is at Rs5,600 and may shoot up to Rs7,200 per sq ft , depending on the amenities and other related factors.

Speaking of open plots, Narsingi does have plots on sale. The price range is between Rs 18,000 per sq yard to Rs 20,000 per sq yard. One could easi ly find an apartment or a villa for rent in Narsingi. The monthly rental for a 2BHK apartment in a gated community will be approximately Rs15,000 per month. A 3BHK apartment will bear a rental tag of anywhere between Rs 18,000 to Rs20,000 per month.

ORR’s major junction in Narsingi enhances its connectivity. Additionally, the presence of 60 feet road too works in the area’s favour. TSRTC buses have regular halts at Narsingi Bus Stop, thereby connecting the area to other parts of the city. Autos and shared autos too are available for short distance commutation. As mentioned earlier,

Narsingi is home to many professionals working in the IT and ITeS sectors. The city’s IT and ITeS hubs of Gachibowli and Madhapur are at a distance of 7KM and 13KM respectively. Rajiv Gandhi International Airport (RGIA) is 26KM away. Jubilee Bus Station is 22KM away while Secunderabad Railway Station is at a distance of 20KM.Mahatma Gandhi Bus Station (MGBS) is 17KM away.

Narsingi is home to a major hospital coupled with few smaller nursing homes. There are few schools as well. The area has many daily needs stores thereby residents here need not travel far for small grocery requirements. However for larger entertainment and shopping needs such as malls, exquisite cuisine restaurants, multiplexes, etc. residents travel to Gachibowli.

While there is a major ORR junction and 60 feet road built, the interiors do not have good roads. Water supply too suffers here. Narsingi comes under Gram Panchayat hence there is no municipal water supply. Reliance on water tankers and bore-wells is prevalent here.

Megha Deshpande, Times Property, The Times of India, Hyderabad