Sanga Reddy
Sangareddy, a vibrant fusion of history, culture, and economic growth in Telangana.
About the location
Overview
Sangareddy, previously known as Sangareddypeta, is the district headquarters of Sangareddy district in the state of Telangana, India. The town is rich in history, dating back to the Chalukya period (between the 10th and 11th centuries). Strategically located on the Hyderabad-Mumbai highway, it has become a significant economic hub with several major industries.
The Lifestyle
Sangareddy's lifestyle is a blend of traditional and modern influences, with the community celebrating a range of festivals and cultural events. The local populace is warm, welcoming, and known for their hospitable nature. Its urbanization doesn't hinder the rural charm, retaining a relaxed and peaceful environment.
Attributes
Historical Significance | Industrial Hub | Cultural Diversity | Proximity to Hyderabad | Rich Agricultural Land
You're sure to adore
Sangareddy is a place where the past and the future intersect seamlessly. The town's ancient temples and structures, such as the Kandi Peddamma Temple, offer a glimpse into its rich history, while its growing industrial sector showcases its promising future.
The Market
The real estate market in Sangareddy has seen steady growth due to its strategic location and development in the industrial sector. Residential property prices range from INR 3,000 to 5,000 per sq ft, while commercial properties can go up to INR 10,000 per sq ft.
Connectivity
Airport
Nearest airport is Rajiv Gandhi International Airport in Hyderabad, approximately 67 km away.
Bus
Sanga Reddy has a well-connected bus network with regular TSRTC buses from major cities in Telangana.
Train
The nearest railway station is Lingampalli Railway Station in Hyderabad, about 40 km away.
Road
Sanga Reddy is connected via National Highway 65, which links Pune and Machilipatnam.
Social Infrastructure
Educational Institutions
Notable institutions include the Indian Institute of Technology Hyderabad and GITAM University. Major hospitals include Pragathi Hospital and Sangareddy Government Hospital.
Hospitals
Prominent hospitals include Pragathi Hospital and Apollo Reach Hospital.
Crime Rate
The crime rate in Sangareddy is relatively low, with occasional reports of petty crimes.
Geography
Soil
The region has black and red soil, ideal for cotton and paddy cultivation.
Topography
The area features mostly flat terrain with a few hilly regions.
Altitude
Approximately 522 meters above sea level.
Flora & Fauna
Rich in biodiversity with species like leopard, chital, and a variety of birds at Pocharam Wildlife Sanctuary.
Climate
Season at a Glance
Tropical climate with summer (March-May), monsoon (June-September), and winter (November-February).
Rainfall
Average annual rainfall is approximately 750 mm.
Temperature
Temperature varies from 15°C in winter to 40°C in summer.
Real Estate Trends
Rental Yield
Average rental yield is around 3-4%.
Capital Appreciation
Real estate has seen a steady growth of 5-7% annually.
Average Price per sq.ft
Residential properties range from INR 2,000 to INR 3,500 per sq. ft.
Demand & Supply Dynamics
Steady demand for residential properties, with a slight oversupply.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
Limited Airbnb listings, mostly private rooms and entire homes.
Revenue Potential
Moderate revenue potential from rentals and capital appreciation.
Occupancy Rate
Approximately 60-70% for rental properties.
ADR
Average Daily Rate for Airbnb properties is around INR 1,500.
RevPar
Revenue Per Available Room on average is approximately INR 900.
Investment Guide
1. Invest in residential properties near educational or industrial hubs for high rental yields.
2. Consider commercial properties owing to the growing industrial sector.
3. Monitor upcoming infrastructure projects as they can significantly boost property value.
Places to Visit
12 km I A sanctuary known for crocodiles and diverse birdlife
60 km I A historical fort offering scenic views and a peaceful exploration experienc. It is a popular destination for nature enthusiasts and travelers seeking serenity.
33 km I Known for its birdlife and as a biodiversity heritage site
12 km I A sanctuary known for crocodiles and diverse birdlife