Plots for Sale in Kompally

Are you looking for a lucrative investment opportunity in Hyderabad? Do you want to own a piece of land in one of the fastest-growing residential areas of the city? If yes, then you should consider buying plots for sale in Kompally.

Kompally is a suburb of Hyderabad, located in the Medchal-Malkajgiri district. It is adjacent to the National Highway 44, which connects Hyderabad to Nagpur and Delhi. Kompally has emerged as a preferred destination for home buyers and investors, owing to its strategic location, excellent infrastructure, green surroundings, and affordable prices.

Types of Plots Available

There are various types of plots for sale in Kompally, ranging from residential to commercial, from gated communities to open layouts, from HMDA-approved to DTCP-approved, and from ready-to-construct to under-development. You can choose the type of plot that suits your needs and preferences, depending on your budget, purpose, and timeline.

Some of the popular types of plots for sale in Kompally are:

Residential plots: These are plots meant for building individual houses or villas. They are ideal for those who want to enjoy the privacy and freedom of living in their own homes. Residential plots are available in different sizes, shapes, and orientations. They usually have basic amenities like water supply, electricity, drainage, roads, etc.
Commercial plots: These are plots meant for setting up businesses or offices. They are ideal for those who want to earn rental income or capital appreciation from their property. Commercial plots are available in prime locations, near major roads or landmarks. They usually have higher FAR (floor area ratio) and better connectivity than residential plots.
Gated community plots: These are plots located within a secured and well-planned complex, with common facilities like a clubhouse, swimming pool, gym, park, etc. They are ideal for those who want to enjoy the benefits of community living and social interaction. Gated community plots are available in different themes and designs, such as eco-friendly, luxury, contemporary, etc.
Open layout plots: These are plots located outside a gated community, with no common facilities or restrictions. They are ideal for those who want to have more flexibility and customization options for their property. Open layout plots are available in various locations and dimensions, depending on the availability of land.

Approval Types:

Based on type of approvals, metro or state level, they are further classified into two types:

HMDA-approved plots: The Hyderabad Metropolitan Development Authority (HMDA) has granted approval for these plots. HMDA, the statutory organization overseeing the planning and development of the Hyderabad metropolitan region, is responsible. HMDA-approved plots have clear title deeds, legal validity, and compliance with the master plan and zoning regulations. They also have better infrastructure and civic amenities than non-approved plots.

DTCP-approved plots: These are plots approved by the Director of Town and Country Planning (DTCP), which is the state-level authority responsible for planning and development of urban and rural areas in Telangana. DTCP-approved plots have clear title deeds, legal validity, and compliance with the regional plan and layout rules. They also have better infrastructure and civic amenities than non-approved plots.

Location Advantages

One of the main reasons why you should buy plots for sale in Kompally is its strategic location. Kompally is situated on the outskirts of Hyderabad, but still within easy reach of the city center. It offers several advantages over other locations, such as:

Proximity to major IT hubs: Kompally’s proximity to major Hyderabad IT hubs like Hitech City, Gachibowli, Madhapur, and Kondapur benefits IT professionals. They can easily commute to work without incurring significant transportation costs or time. This high demand from IT employees elevates property values in Kompally, making it an attractive place to live near their workplaces.
Connectivity to other cities: Kompally is well-connected to other cities by road, rail, and air. It is adjacent to the National Highway 44, which connects Hyderabad to Nagpur and Delhi. The Outer Ring Road (ORR) connects Hyderabad to national highways like Bangalore, Chennai, Mumbai, and Pune. It also nears Secunderabad Railway Station and Rajiv Gandhi International Airport (RGIA), granting easy access to other states and countries.
Availability of land: Kompally has plenty of land available for development, unlike other areas of Hyderabad where land is scarce and expensive. This makes it possible for developers to offer spacious and affordable plots for sale in Kompally. It also gives buyers the opportunity to choose from a wide range of options and locations.
Greenery and pollution-free environment: Kompally is surrounded by green fields, farms, and hills, which provide a serene and scenic view. It also has a pollution-free environment, as it is away from the noise and traffic of the city. This makes it ideal for those who want to live in a healthy and peaceful atmosphere.

Infrastructure and Amenities

Another reason why you should buy plots for sale in Kompally is its excellent infrastructure and amenities. Kompally has witnessed rapid development in the past few years, with several projects being launched by reputed builders and developers. Some of the infrastructure and amenities that Kompally offers are:

Roads and transportation: Kompally has wide and well-maintained roads, which ensure smooth and hassle-free movement of vehicles. It also has good public transportation facilities, such as buses, autos, cabs, etc., which connect it to other parts of the city. It also has metro rail connectivity in the pipeline, which will further improve its accessibility and convenience.
Water and electricity: The HMWSSB treats and distributes water from the Godavari River to Kompally. The TSSPDCL ensures an uninterrupted 24×7 electricity supply to all consumers in Kompally.
It also has backup generators and solar panels in some of the gated communities and commercial complexes.
Education and healthcare: Kompally has several reputed educational institutions, such as schools, colleges, universities, etc., which provide quality education to students of all levels. Some of the notable institutions are Unicent School, St. Martin’s Engineering College, CMR Institute of Technology, etc. It also has several renowned healthcare facilities, such as hospitals, clinics, pharmacies, etc., which provide medical care to patients of all kinds. Some of the notable facilities are Balaji Hospital, Usha Mullapudi Cardiac Centre, Apollo Clinic, etc.
Entertainment and recreation: Kompally has several entertainment and recreation options, such as malls, multiplexes, restaurants, cafes, pubs, etc., which cater to the needs and preferences of different age groups. Some of the popular options are Cine Planet Multiplex, Runway 9 Go Karting Track, Dola-ri-Dhani Resort, etc.

Plot Sizes and Pricing

The plot sizes and pricing in Kompally vary depending on the type, location, development status, approval status, amenities, etc., of the plots. However, on average, you can expect to find plots for sale in Kompally in the following ranges:

Plot size: The plot size in Kompally ranges from 100 square yards to 2000 square yards or more. The most common plot size is 200 square yards or 1800 square feet.
Plot price: The plot price in Kompally ranges from Rs. 35 lakhs to Rs. 10 crore or more. The average plot price is Rs. 45,000 per square yard.

Financing Options

You can obtain financing options from banks or financial institutions if you lack funds for purchasing plots in Kompally without paying the entire amount upfront. Some of the financing options are:

Home loan: A home loan is a loan that you can take to buy a plot or construct a house on it. You can get a home loan from any bank or housing finance company (HFC) that offers this service. You can get up to 80% of the plot value as a home loan, depending on your income, credit score, repayment capacity, etc. You have to repay the loan in monthly installments (EMIs) over a period of time (tenure), along with interest.
Plot loan: A plot loan is a loan that you can take to buy a plot only. You cannot use this loan to construct a house on it. You can get a plot loan from any bank or HFC that offers this service. You can get up to 70% of the plot value as a plot loan, depending on your income, credit score, etc. You have to repay the loan in monthly installments (EMIs) over a period of time (tenure), along with interest.
Loan against property: A loan against property is a loan that you can take by mortgaging your existing property. You can use this loan for any purpose, such as buying a plot, constructing a house, renovating a property, etc. You can get a loan against property from any bank or NBFC (non-banking financial company) that offers this service. You can get up to 60% of the property value as a loan against property, depending on your income, credit score, etc. You have to repay the loan in monthly installments (EMIs) over a period of time (tenure), along with interest.

Legal and Regulatory Considerations

Before you buy plots for sale in Kompally, you should be aware of the legal and regulatory considerations that are involved in the process. Some of the legal and regulatory considerations are:

Title deed: Verify the title deed’s authenticity and check for encumbrances like liens or disputes.
Sale deed: Execute and register the sale deed within four months, paying stamp duty and registration charges.
Approval status: Check the plot’s approval status from relevant authorities, whether it’s HMDA, DTCP approved, or not. Obtain layout plans and permission letters. Avoid non-approved plots due to potential legal issues and infrastructure deficiencies.
Taxation: For taxation, pay one-time fees such as stamp duty, GST, and TDS when buying or selling. Also, be aware of recurring charges like property tax, maintenance, water, and electricity fees after owning a plot.

Investment Potential

One of the main benefits of buying plots for sale in Kompally is its high investment potential. Kompally has witnessed tremendous growth and development in recent years, which has increased its demand and value in the real estate market. Some of the factors that contribute to its investment potential are:

Appreciation: Kompally has shown a consistent appreciation in its plot values over the years, due to its strategic location, excellent infrastructure, green surroundings, and affordable prices. According to some reports, the plot values in Kompally have increased by more than 100% in the last five years. This means that if you buy a plot in Kompally today, you can expect to sell it at a much higher price in the future, earning a handsome profit.

Rental income: Kompally has a high rental income potential, due to its proximity to major IT hubs, connectivity to other cities, availability of land, and pollution-free environment. According to some reports, the rental income of plots in Kompally ranges from Rs. 20-50/sft per month. This means that if you buy a plot in Kompally today, you can expect to earn a steady and passive income from it by renting it out to tenants.
Capital gains tax exemption: The capital gains tax exemption is a tax benefit that you can avail if you reinvest the profit earned from selling a plot or a property in another plot or property within a specified period of time. The capital gains tax exemption is applicable for both long-term and short-term capital gains, depending on the holding period of the plot or property. The capital gains tax exemption can help you save a lot of money on taxes and increase your net returns from your investment.

Nearby Facilities and Services

Another benefit of buying plots for sale in Kompally is its proximity to various facilities and services that are essential for comfortable and convenient living. Some of the nearby facilities and services that Kompally offers are:

Shopping: Kompally has several shopping options, such as supermarkets, grocery stores, departmental stores, etc., where you can buy all your daily needs and essentials. Some of the popular shopping options are More Supermarket, Reliance Fresh, Heritage Fresh, etc. It also has some malls and multiplexes, such as Cine Planet Multiplex, Manjeera Mall, etc., where you can enjoy shopping, dining, and entertainment.
Banking: Kompally has several banking options, such as banks, ATMs, post offices, etc., where you can avail of various financial services and transactions. Some of the popular banking options are the State Bank of India (SBI), HDFC Bank, ICICI Bank, Axis Bank, etc.
Petrol pumps: Kompally has several petrol pumps, where you can refuel your vehicles and get other services such as air filling, oil change, etc. Some of the popular petrol pumps are Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), etc.
Police station: Kompally has a police station, where you can report any crime or emergency and get assistance from the police personnel. The police station is located near the Cine Planet Multiplex on National Highway 44.
Fire station: Kompally has a fire station, where you can call for help in case of any fire accident or emergency and get assistance from the fire brigade personnel. The fire station is located near the Balaji Hospital on the National Highway 44.

How to Purchase a Plot

If you are interested in buying plots for sale in Kompally, you should follow these steps:

Step 1: Conduct thorough research on Kompally plots. Gather data on area, developers, prices, and amenities.
Step 2: Compare and shortlist suitable plots based on location, size, price, and approvals. Seek opinions from experts.
Step 3: Negotiate and finalize terms with the seller or developer. Verify plot documents and legalities.
Step 4: Register your plot within four months. Pay stamp duty, registration charges, GST, TDS, and other fees. Obtain receipts for payments.
Step 5: Take possession, obtain a possession letter, and update ownership in revenue records. Secure khata or patta. Apply for utilities and commence construction.

Future Development Prospects

The future development prospects of Kompally are very bright and promising. Kompally has a lot of potential to grow and develop further in the coming years, due to various factors such as:

Government initiatives: The government of Telangana has taken several initiatives to boost the development of Kompally and its surrounding areas. Some of these initiatives are:
- Kandlakoya IT Park: Kandlakoya IT Park, a mega IT park in Kompally, will cover 1,000 acres. It will host over 50 companies, generating thousands of jobs and yielding thousands of crores in annual revenue.
- Hyderabad Metro Rail: Hyderabad Metro Rail, the city’s rapid transit system, presently operates in three corridors: Miyapur-LB Nagar (29 km), JBS-MGBS (11 km), and Nagole-Raidurg (28 km). Four additional corridors are under development: Raidurg-Shamshabad Airport (31 km), JBS-Patancheru (25 km), LB Nagar-Hayathnagar (15 km), and Nagole-LB Nagar (5 km). The JBS-Patancheru corridor will traverse Kompally, enhancing its connectivity and convenience.
Private investments: The private sector has also shown a lot of interest and investment in Kompally and its surrounding areas. Some of these investments are:
- Residential projects: Reputed builders and developers have launched various residential projects in Kompally, including villas, apartments, and plots. Aparna Constructions has developed Aparna Kanopy Lotus, Prajay Engineers Syndicate offers Prajay Megapolis, and Saket Group presents Saket Bhu Satva.
- Commercial projects: Renowned companies and organizations have established offices and businesses in Kompally, including IT firms, educational institutions, hospitals, and hotels.

Conclusion

Plots in Kompally offer numerous advantages: strategic location, green surroundings, affordable prices, and high investment potential. They provide various plot types like residential, commercial, gated community, and open layout, with sizes ranging from 100 to 2000 square yards and prices from Rs. 35 lakhs to Rs. 10 crores. Financing options include home loans, plot loans, and loans against property. Legal aspects, such as title deeds, sale deeds, and approval status, are essential considerations. Nearby facilities encompass shopping, banking, petrol pumps, police, and fire stations. The area has promising future development prospects due to government initiatives and private investments. Consider plots for sale in Kompally for a lucrative Hyderabad investment or to own land in a fast-growing residential area. We’re here to help you find your dream Kompally plot.

Plot Size (Sqyd)	Facing	Price/Sqyd	Location
200	West	45,000	–
700	East	85,000	–
500	North	55,000	–
1000	West	75,000	–
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Plots for Sale in Kompally