Located in the north-western end of Hyderabad, Patancheru is a prominent industrial hub in the city. The real estate market here has boomed in the past few years thanks to affordable property values, the development of infrastructure, and the setting up of several multinational companies.
“Predominantly a major industrial hub of Telangana, Patancheru has transformed from an industry-oriented locality to an eco-friendly, affordable residential hub. Importantly, since property prices in Patancheru are still competitive, the scope of appreciation is high,” says Rakesh Reddy, Director, Aparna Constructions & Estates.
Today, Patancheru is much sought-after by property investors and homebuyers. Here are a few reasons why the locality is increasingly appearing on investors’ radars.
Connectivity
Patancheru is strategically situated on the Outer Ring Road and Hyderabad-Solapur Highway, enhancing its connectivity to other parts of the city. HITEC City is about 20km from the locality and is easily accessed by NH 65.
The locality also enjoys bus connectivity via Andhra Pradesh State Road Transport Corporation (APSRTC) buses and private buses. One of the nearest railway stations is Lingampally Railway Station. The Rajiv Gandhi International Airport is about 52km from Patancheru.
Social infrastructure and amenities
Employment hub : Being an industrial hub, Patancheru boasts of several companies. These include Finecab, Biological. E, Sandvik Asia, Asian Paints, Aurobindo Pharma, Hindware, Kirby Building Systems, among others. Additionally, the locality is also home to several e-commerce companies such as Amazon, Dmart, Grofers, and Trent.
Educational institutions : Patancheru has reputed educational institutions within easy reach like ICRISAT, GITAM University, Maheshwara Institute of Technology, and RRS College of Engineering and Technology. The area also has excellent schools like St. Joseph’s High School and Amaltas Green School.
Healthcare : Facilities for healthcare in the vicinity include noted hospitals like Max Care Hospitals, Sai Ganesh Multi Speciality Hospital, Yashodara Hospital, ESI Hospital, and Patancheru Government Hospital.
Others: Patancheru also houses several restaurants, grocery stores, parks, banks/ATMs, etc.
“The establishment of the Patancheru Industrial Park gives companies the facilities to accommodate a wide range of industries. Plans to make Patancheru an eco-friendly zone is already in place with the Government allocating funds for the development of roadways, parks, and drainage canals. Patancheru has evolved beyond its industrial profile and is now a highly sought-after residential destination in Hyderabad,” explains Rakesh.
Our top property picks
Patancheru continues to attract homebuyers and investors with its wide range of properties that suit all levels. In terms of property type, from apartments to villas to plotted developments, the locality has it all!
Property prices in the locality currently range from Rs 2,300 to Rs 3,800 per sq. ft.
There are some great properties to choose from in Patancheru. We help you get started by giving you our top three picks based on build, facilities, and pricing.
Tranquillo MPR Urban City
Comprising 1 and 2-bedroom apartments, MPR Urban City by Tranquillo Projects And Holdings Pvt Ltd is conveniently situated near Sri Sai Public School in Patancheru. It has all the essential amenities like a children’s play area, swimming pool, gym, clubhouse, security, and power backup.
Starting at Rs 23 Lakh, the project is slated for completion in June 2024. MPR Urban City is approved by RERA and HMDA.
GT’s and Dev’s Waterfront Villas
If you are looking for villas, consider GT’s and Dev’s Waterfront Villas by Devansh Group. A Vaastu-compliant project, it offers 3-bedroom villas in varied sizes.
Possession is in March 2023, and prices range between Rs 80 Lakh and Rs 1.35 Crore.
West Meadows
West Meadows by Dhruva Projects is a good choice for plotted developments. The project offers plots sized 1,647 sq. ft, 1,800 sq. ft, and 3,960 sq. ft. Approved by HMDA, the project has all the basic amenities such as a well-lit access road, avenue plantation, round-the-clock security, kids play area, etc.
The starting price at West Meadows is about Rs 58 Lakh.