Medchal
Medchal is a bustling suburb in the northern outskirts of Hyderabad, known for its industrial establishments, balanced lifestyle, and robust connectivity.
About the location
Overview
The real estate market in Medchal has been witnessing a steady growth with 2BHK and 3BHK apartments being the most popular. The price range for properties typically falls between INR 3,000 to INR 5,000 per square foot.
The Lifestyle
Medchal offers residents the tranquility of suburban living coupled with the advantages of city life. The community is diverse, comprising of industrial workers, IT professionals, and families. The region is home to various cultural festivals and events, reflecting the rich traditions of Telangana.
Attributes
Industrial hub | Robust transport connectivity | Rapidly developing residential area | Proximity to Hyderabad | Diverse community | Growing real estate market
You're sure to adore
Medchal's unique blend of city and suburban life makes it an attractive place to live. Its well-connected location, combined with the rapid development of housing and commercial spaces, make it a dynamic area that's full of potential.
The Market
Medchal has a thriving market with a range of retail and wholesale businesses. Major commodities include groceries, textiles, hardware, and agricultural products. The market is quite affordable and caters to a diverse consumer base.
Connectivity
Airport
The nearest airport to Medchal is the Rajiv Gandhi International Airport, Hyderabad, approximately 60 km away. It offers domestic and international flights.
Bus
Medchal has a well-connected bus service provided by TSRTC. The Medchal Bus Station provides connectivity to various parts of Telangana.
Train
Medchal Railway Station is a local train station that offers regular services to Hyderabad and Secunderabad.
Road
Medchal is well-connected by National Highway 44, providing easy access to major cities like Hyderabad and Secunderabad.
Social Infrastructure
Educational Institutions
Notable educational institutions include Narayana Junior College and St. Martin's Engineering College. Major hospitals in the area include Malla Reddy Narayana Multispeciality Hospital and Surekha Hospital.
Hospitals
Notable hospitals in Medchal include Medchal Government Hospital and St Theresa's Hospital, offering quality healthcare services.
Crime Rate
Crime rate in Medchal is relatively low compared to other parts of Hyderabad, making it a safe living environment.
Geography
Soil
The soil in Medchal is predominantly black and loamy, suitable for agriculture.
Topography
Medchal is located on the Deccan Plateau with a relatively flat terrain interspersed with small hillocks.
Altitude
Medchal is approximately 500-600 meters above sea level.
Flora & Fauna
The region's flora includes a variety of deciduous trees and shrubs, while the fauna includes common Indian wildlife like monkeys, peacocks, and various bird species.
Climate
Season at a Glance
Medchal experiences tropical climate with summers (March-June) being hot, monsoons (July-October) bring moderate rainfall and winters (November-February) are mild and pleasant.
Rainfall
The average annual rainfall in Medchal is approximately 800 mm.
Temperature
The temperature in Medchal ranges from 15°C in winter to 40°C in summer.
Real Estate Trends
Rental Yield
The average rental yield in Medchal is around 3-4%.
Capital Appreciation
There has been a steady capital appreciation of around 5-6% annually for residential properties in the past few years.
Average Price per sq.ft
The average price per square foot for residential properties in Medchal is around INR 3,500.
Demand & Supply Dynamics
There is a steady demand for residential and commercial properties in Medchal, with the supply maintaining pace with the demand.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are around 10-15 Airbnb listings in Medchal, mostly of private rooms and entire apartments/houses.
Revenue Potential
The annual revenue potential for a 2BHK property in Medchal is around INR 2-2.5 lakhs.
Occupancy Rate
The average occupancy rate for rental properties in Medchal is around 75-80%.
ADR
The average daily rate for a rental property in Medchal is around INR 1,500.
RevPar
The revenue per available room (RevPAR) in Medchal is approximately INR 1,125.
Investment Guide
1. Invest in residential properties given the rapid urbanization and demand.
2. Commercial properties are a good bet due to the presence of several industries. 3. Properties close to the highway and railway station may yield higher returns due to better connectivity.
Places to Visit
38 km I One of the world's largest integrated film studios and a major thematic tourist park It is a popular destination for nature enthusiasts and travelers seeking serenity. The location offers ramoji film city with opportunities for ramoji film city and exploring the natural beauty of the area.
34 km I Eco-tourism spot with walking trails and wildlife sighting.
18 km I A famous and ancient Hindu temple dedicated to Lord Shiva, located on a hillock
38 km I One of the world's largest integrated film studios and a major thematic tourist park It is a popular destination for nature enthusiasts and travelers seeking serenity. The location offers ramoji film city with opportunities for ramoji film city and exploring the natural beauty of the area.