Shankarpally attracting long-term investors
Shankarpally is emerging as a key residential and investment destination in Hyderabad's expanding western corridor. The area offers relatively affordable property prices compared to established markets like Kokapet and Narsingi, while benefiting from strong long-term growth prospects
(Khanapuram Ravinder Reddy, Builder)
Shankarpally is steadily emerging as an important residential and investment destination as Hyderabad's western growth corridor expands beyond established markets such as Gachibowli, Financial District, Kokapet and Narsingi. Over the past three to five years, land values in and around Shankarpally have appreciated significantly. Residential property prices currently range between ₹6,500 and ₹9,500 per square foot, while premium projects command higher rates. One of the biggest attractions is affordability. Compared with locations such as Kokapet and Narsingi, Shankarpally still offers relatively lower entry prices while benefiting from the same long-term growth corridor. Demand is being driven by IT professionals, NRIs and long-term investors. HMDA-approved plots, villa communities and farmhouse developments continue to attract considerable interest. In my view, Shankarpally should be seen as a long-term investment market. As connectivity improves and development spreads further westward, the region is well positioned to benefit from Hyderabad's continuing expansion.
* Emerging western corridor
- Demand from IT professionals and NRIs.
- Growing villa and plot market.
- Long-term investment focus.
- Residential projects: ₹6,500–9,500/sq ft.
- Appreciation of 50–120% over 3–5 years.
- Lower entry prices than Kokapet.
- Improving connectivity.
- Future growth potential.
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