Introduction: Narsingi Suburb
Narsingi is a suburb located in the southwestern part of Hyderabad. This emerging residential hotspot boasts greenery, well-maintained roads, and good connectivity to major hubs of Hyderabad. Developed localities such as Kokapet, Gandipet, Puppalaguda, Nanakramguda, Shaikpet, and Manikonda surround this area.
Location and Accessibility of Narsingi
Narsingi has located about 20 km outside the city center of Hyderabad and has the privilege of touching the Nehru Outer ring road. This gives it instant connectivity to the entire region. The suburb is close to the financial, commercial, industrial, and IT hubs in the city, making it an ideal location for people who work in these sectors. The Hyderabad International Airport is about 30 km away, and the area has excellent connectivity with it.
Real Estate Development in Narsingi
Narsingi is a fast-growing residential location situated in the South West Zone of Hyderabad. The Outer Ring Road borders the area towards the east, and it belongs to the Ranga Reddy District of Telangana. The suburb is in proximity to mainstream areas such as Gachibowli, Hitech City, and Jubilee Hills. Infrastructural development in Narsingi has gained a lot of traction in recent years, which has created a boom in real estate. In this response, we will explore the real estate development in Narsingi in detail.
1. Residential Real Estate
Narsingi offers a variety of options for residential real estate, including apartments, villas, and independent houses. As of March 2023, the price range for properties in Narsingi is Rs 70 Lac – ₹30 Cr. Some of the popular localities around this suburb are Manikonda, Gachibowli, Bandlaguda Jagir, Hitech City, and Jubilee Hills, offering great options for a property. According to our research, there are currently 404+ flats for sale in Narsingi, along with 8+ houses/villas for sale and 349+ apartments for sale. Additionally, Narsingi property prices have changed -0.6% in 1 year & +91.8% in the last 5 years, indicating scope for a price rise in the future as a lot of infrastructural development is planned in the area.
Narsingi has seen a lot of high-rise residential projects such as Accurate Wind Chimes, My Home Avatar, Jayabheri The Peak, Lansum Eldorado, Hallmark Skyrena, Rajapushpa Provincia, Vasavi Atlantis, etc. It also has many villa projects such as Deville villas, Aditya Casa Grande, Jayabheri Temple Tree, Aparna Elixir, Vessella Meadows, etc.
2. Commercial Real Estate
Narsingi’s proximity to the financial district and IT hub of Hyderabad has led to an increase in the demand for commercial real estate in the area. As per our research, there are several upcoming commercial projects in the pipeline, which include malls, retail spaces, and office spaces. For instance, Meenakshi developers have a large land parcel in the area and are planning to build office space. Kokapet and Narsingi are currently the happening areas in Hyderabad for real estate, and it makes great investment prudence to buy property in these areas.
3. Infrastructure and Future Developments
Narsingi has seen significant infrastructural development in recent years, which has helped in attracting investments in the real estate sector. The area has several prestigious educational institutions, such as the Indian School of Business, CBIT, which adds to its attractiveness.
The newly built Solar roofed cycle track extends up to the Narsingi ORR exit. This provides residents with a great cycling experience and a convenient mode of transportation. The widened service road along the ORR also benefits the suburb by ensuring free traffic flow in the future.
Additionally, the Telangana government has proposed several infrastructural developments, including a 10-kilometer four-lane elevated corridor connecting Narsingi to the Financial District and a proposed ITIR Zone nearby. These developments are expected to boost the real estate sector in Narsingi and make it a hub for residential and commercial real estate.
Social Infrastructure
Narsingi has a good social infrastructure with several schools, hospitals, and shopping centers in the vicinity. Some of the notable schools in the area include Oakridge International School, Phoenix Greens International School, and Srinidhi International School. Hospitals like Continental Hospital, Care Hospitals, and Sunshine Hospitals are within a 10 km radius of Narsingi.
For shopping and entertainment, residents of Narsingi can visit Inorbit Mall, Gachibowli, which is about 10 km away. The mall has a wide range of shops, restaurants, and a multiplex theater. For daily necessities, residents can visit nearby supermarkets like Ratnadeep Supermarket, Heritage Fresh, and More Supermarket.
Parks and Greenery
One of the key features of Narsingi is its lush green surroundings. The area is dotted with several parks and open spaces where residents can relax and enjoy the greenery. Some of the popular parks in the area include Gandipet Park, Kokapet Park, and Rajiv Gandhi Park. The parks have well-maintained walking paths, playgrounds, and seating areas. Narsingi is also close to the famous Osman Sagar Lake, which is a popular destination for picnics and weekend outings.
Recreation and Entertainment
Narsingi has several recreational and entertainment options for residents. The area has several sports facilities like tennis courts, swimming pools, and badminton courts. For fitness enthusiasts, there are several gyms and fitness centers in the vicinity. It is close to leisure places such as Taramati Biradari and Golconda fort. The area has many convention centers such as Om Convention and The Address. Residents can also visit the famous Ramoji Film City, which is about 35 km away from Narsingi. The film city has several attractions like movie sets, theme parks, and adventure sports.
Conclusion
Narsingi is a fast-growing suburb of Hyderabad that offers a good balance of urban amenities and natural beauty. Its proximity to major commercial and industrial hubs of Hyderabad makes it an ideal location for people who work in these sectors. The area has a good social infrastructure with several schools, hospitals, and shopping centers in the vicinity. Its lush green surroundings, parks, and open spaces offer a peaceful and serene environment for residents. With its growing popularity and increasing real estate development, Narsingi is poised to become one of the most sought-after residential destinations in Hyderabad.