Hyderabad : 1,400 Sq. Ft Flat Sold for Rs. 25 lakh

An apartment measuring nearly 1,400 sq. ft (Square Feet) was sold for Rs. 25 lakh.
The apartment, situated in Tellapur, commanded capital value of about Rs. ,785 per sq.ft. The flat is situated in an upcoming location, and is close to the IT corridor of Hyderabad. This Tellapur area has a number of residential projects within a ten KM radius.

Since it is close the IT corridor, the location may witness a steady demand. While the average value for a mid scale flat in the location is Rs. 2,500 to Rs. 3,300 per sq. ft, this flat in question has commanded a little lower value as it is part of an under construction project.

Source: Cushman & Wakefield
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1 comment:

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