Why Should We Invest In Open Plots In Balanagar Near Shadnagar
Balanagar is a village in Mahabubnagar district which is situated near Shadnagar. Balanagar is known for temple of Lord Siva. It is connected by Bangalore Highway which is the source for many future developments and is a promising location for many real estate developers. Most of the reputed developers are announcing their affordable open plot projects here. Also, it has connectivity with the station and is a peaceful atmosphere to live in.
Shadnagar, Mahabubnagar, Jadcherla are some of the nearby cities to Balanagar. These cities provide the best sources of development.
Connectivity
Balanagar is connected to the Bangalore highway. Also, it is connected to the Balanagar railway station. Rajiv Gandhi International airport is the nearest airport to Balanagar. It also has connectivity to roads, rails and all modes of transportation. Nehru Outer Ring Road is situated at a distance of around 41 KM and can be accessed through NH 44.
Employment Opportunities
Balanagar Farmers producers pvt ltd, Divya Sai Lam Pvt ltd, Amith Cottons Ltd, Premier Plastic Industries, Agarwal industries are some of the companies providing employment opportunities near Balanagar.
Commercial Hubs
Mahabubnagar industrial area has commercial hubs like basic metals, fiberglass, pharmaceuticals, poultry, textiles, agro based industries. Also, Suvarna Apparel & Fashion Exports ltd, Thermo Cables Ltd, SIBELCO India Minerals pvt ltd are some of the commercial hubs near Balanagar.
Educational Institutions
Government Junior College, Telangana Tribal Welfare Residential Junior College, Geetanjali Educational Society, Nagarjuna high school, Jaya Prakash Narayan Engineering College, Vagdevi Junior college, Swami Vivekananda Degree & PG College, Sri Vasavi Degree & PG College are some of the educational institutions providing best education near Balanagar.
Health Care
Sri Datta hospitals, Saanvi multispeciality hospitals, Aditya Children's clinic, Abhayaprada super speciality hospitals, VIVA Hospitals, MAA hospitals maternity & surgical are some of the hospitals providing best health care services in Balanagar.
Temples
Durga devi temple, Ayyappa Swami temple are the popular temples in Balanagar.
Future Developments
Future developments like road infrastructure development under CRR 2024-2025 with an estimation of around Rs.155 lakhs.
A metro rail project is announced at a 5.32 km stretch from Paradise Junction to Dairy Farm Road along NH 44.
The government announced the development and expansion of Telangana State Residential School Complex for girls with two dormitory halls on the first floor to provide better accommodation facilities for students.
Under the CRR 2024-2 Grant, a project was sanctioned for the development of a road from Gangadharpally to Rameswaram in Balanagar Mandal with an estimated cost of Rs.155 lakhs.
The average range value of plots in Shadnagar in the year 2022 is Rs.7544 per square yard, the average range value in the year 2023 is Rs.9621 per square yard. While the average range value of plots increased to Rs.12,336 per square yard. As Balanagar is in proximity to Shadnagar these price ranges will result in slightly increase or decrease of plot prices in Balanagar.
The perspective of checking all the above parameters is to ensure ease of living. The Ministry of Housing and Urban Affairs states that Ease of Living forms a structure giving an idea of the localities with a set of 3 pillars called Quality of Life, Economic Ability and Sustainability. Quality Of Life means facilities like Education, Health, Housing, Wash and Solid Waste Management, Transportation and Safety and Security in the locality. Economic Ability means the Level of Development and Economic Opportunities in that locality. Sustainability means Environment, Green Spaces and Building, Energy Consumption and City Resilience(the capability of the city in disaster prevention to protect the population) in the locality.
Balanagar near Shadnagar (Bangalore Highway) is an excellent investment option, because of its connectivity to the prime location, developments, and industrial growth. Its promising development prospects make it a valuable choice for real estate investments.
