Aerospace and IT drive Adibatla's real estate

The real estate growth in Adibatla is influenced by the aerospace and the defence industries. A large TCS Campus draws people from within and outside the city to this area. A number of restaurants are located around the TCS Campus.

Many poultry farms can be found in the peripheral areas of Adibatla. The locality is close to the Outer Ring Road (ORR) which further connects it to the Nagarjuna Sagar Road.

Adibatla has farmlands and HMDA approved plots. Projects such as Myspace, Premium Park and Greenville are located here.

The size of plots in the area ranges between 200-400 sq yards. The average price ranges between Rs 20,000-25,000 per sq yard. This is one of the expensive upcoming localities of Hyderabad.

According to Magicbricks data, the most supplied property type here is residential plots with more than 70% supply. The second most popular property type is apartments (22%). Over 50% properties are priced between Rs 20-40 lakh while 17% are within Rs 40-60 lakh. Nearly 15% units cost less than Rs 20 lakh. Buyers can find nearly 400 plot options in this locality.

Plot prices have appreciated from Rs 6,000-8,500 per sq yard in 2015 quarter to Rs 11,000-18,000 per sq yard in 2019.

The area is situated at a distance of 21 km from the airport while the central railway station is about 22 km away. Apart from this, proximity to the Outer Ring Road (ORR), at a distance of 6 km, also attracts buyers.

Krishna water and borewells supply water to this locality. Individual water connections are provided in gated community plot projects.

Comments Section

  • - Mazhar Mohammad, Chartviewindia 04/01/2020Reply

    Intraday traders can look to go long if Nifty sustains above the 12,300 level for more than 30 minutes on Friday and look for a target of 12,390. Contrary to this, a strong close below 12,168 level may lead to weakness in Nifty

    • - Gaurav Ratnaparkhi, Sharekhan 04/01/2020Reply

      Nifty is now a stone’s throw away from its all-time high of 12,293. Structurally, it has climbed towards the upper end of the consolidation range i.e. 12,300. Once the 12,300 level taken out, it will march towards 12,350 and subsequently to 12,400, which is near the rising trendline and daily upper Bollinger Band. The 12,220-12,200 zone will act as immediate support

  • - Ashwin Patil, Senior Research Analyst 04/01/2020Reply

    Among two-wheelers, we prefer Hero MotoCorp as it is a proxy to the economy and rural growth, and an expected good Rabi crop output will drive sales in rural India (55% of volumes). We also like Bajaj Auto, which is now finding good traction in exports markets. On the PVs, we still like Maruti as it is a market leader in PV segment and has a wide array of models in all the segments. Its strength in the rural markets is also its positive. We also like M&M, as robust Rabi crop output and increased MSPs will trigger UVs as well as FES growth. Within the CV space we like Ashok Leyland which is away from any global headwinds. Any news on scrappage policy may lead to a sudden spur in CV stocks

    • - Chandan Taparia 04/01/2020Reply

      Nifty has been consolidating between 12,118 and 12,293 levels since last 11 sessions and now a decisive range breakout with followup action can drive the fresh leg of rally. The index has to continue to hold above 12,250 level to witness an up-move towards the 12,350-12,400 zone, while key support has shifted to 12,150 level

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