Shamirpet
A serene suburban region known for its lush greenery, tranquil lake, and thriving wildlife.
About the location
Overview
Shamirpet, located in the northern outskirts of Hyderabad, Telangana, has a rich history dating back to the Nizam era. The area is known for its picturesque Shamirpet Lake and Deer Park, making it an ideal getaway for nature lovers. Its strategic location near the Biotech and IT hub of Hyderabad has fostered its significance in recent years.
The Lifestyle
Shamirpet offers a tranquil lifestyle away from the hustle and bustle of the city. The community comprises a blend of locals and expatriates working in the nearby IT and biotech hubs. The area is known for its friendly and welcoming residents, making it a warm and inviting place to live.
Attributes
Serene Environment | Proximity to IT and Biotech Hubs | Rich Wildlife | Thriving Real Estate | Excellent Connectivity
You're sure to adore
Shamirpet, a serene and picturesque suburb of Hyderabad, known for its lake and deer park.
The Market
The real estate market in Shamirpet is thriving due to its strategic location. Residential property prices range from INR 3,000 to 6,500 per sqft, while commercial properties can range up to INR 10,000 per sqft. The area has seen steady growth in real estate values over the last few years.
Connectivity
Airport
Rajiv Gandhi International Airport, located about 60 km from Shamirpet, is the nearest airport.
Bus
State-run buses connect Shamirpet to different parts of Hyderabad city.
Train
The nearest railway station is at Secunderabad, about 27 km away.
Road
Shamirpet is strategically located on Rajiv Rahadari, which is the state highway (SH-1) and connects Hyderabad to Karimnagar and other northern cities of Telangana.
Social Infrastructure
Educational Institutions
Shamirpet is home to several reputed schools like Indus International School and DPS Hyderabad. Prominent hospitals in the vicinity include Apollo Clinic and Yashoda Hospital.
Hospitals
Prominent hospitals in the vicinity include Apollo Hospital and Yashoda Hospital.
Crime Rate
Shamirpet has a relatively low crime rate with occasional minor incidents reported, making it a safe place to live.
Geography
Soil
The soil type is primarily black cotton soil, suitable for agriculture.
Topography
The region is mostly flat with some rocky terrain and is at an altitude of about 536 meters above sea level.
Altitude
536 meters above sea level.
Flora & Fauna
The region is home to a variety of bird species and deer.
Climate
Season at a Glance
The best season to visit is from October to March. Summers can be very hot and monsoons are moderate.
Rainfall
Average annual rainfall is approximately 800 mm.
Temperature
The temperature ranges from 15°C in winter to 45°C in summer.
Real Estate Trends
Rental Yield
Rental yields are approximately 3-4% per annum.
Capital Appreciation
The area has seen a capital appreciation of about 5-6% per annum in the last few years.
Average Price per sq.ft
The average price per square foot is around INR 3,500.
Demand & Supply Dynamics
The demand for residential property has been steady due to the peaceful environment and good connectivity. Supply is also keeping pace with the demand.
Short Term Rental Trends
Types of Assets (No. of AirBNB Listings)
There are around 10-15 AirBnb listings, mostly in resorts and guesthouses.
Revenue Potential
The revenue potential is high due to the increasing popularity of Shamirpet as a weekend getaway from Hyderabad.
Occupancy Rate
The average occupancy rate is around 60-70%.
ADR
The average daily rate for an Airbnb listing is around INR 3,000.
RevPar
The revenue per available room (RevPAR) is approximately INR 2,000.
Investment Guide
1. Investing in residential properties in Shamirpet can yield good returns due to its proximity to IT and Biotech hubs.
2. Consider investing in commercial properties, given the growing number of businesses setting up in and around Shamirpet.
3. Purchasing land for future development could be a profitable venture, given the area's ongoing growth and development.
Places to Visit
23 km I Scenic lake picnic spot.
15 km I Biotech innovation hub It is a popular destination for nature enthusiasts and travelers seeking serenity. The location offers genome valley phase 3 with opportunities for genome valley phase 3 and exploring the natural beauty of the area.
20 km I A popular recreational spot with a lake, deer park, and resorts
23 km I Scenic lake picnic spot.