Overview of the Cherlapalli Industrial Area in Hyderabad

Cherlapalli Industrial Area in Hyderabad is a region featuring a combination of industrial, residential, and commercial properties. This makes it a practical selection for both investors and end-users.

Industrial Properties

Industrial land in Cherlapalli is popular because of its strategic location and solid infrastructure features. The industrial plots range in size from about 11,000 square feet to several acres. Prices vary accordingly. For instance, you might buy a plot of 10,800 square feet in Cherlapalli for around Rs 3 Cr. Larger plots, meanwhile, in adjacent regions like Nacharam and Kucharam, can vary from Rs 4.56 Cr to Rs 60 Cr based on size and amenities.

Residential Properties

Cherlapalli has various residential options, including apartments and standalone houses. Here, you’ll find societies and projects such as Modi Silver Oak Villas, Neha Annexe Apartment, and Sree Nilayam Cherlapalli. Prices differ depending on the type of property. For example, apartments in the Neha Annexe Apartment may go for approximately Rs 42 Lac, and those in Modi Silver Oak Villas can range between Rs 1.6 Cr to Rs 1.8 Cr.

Price Trends

The rates of property in Cherlapalli have experienced significant changes. The current average price per square foot is about Rs 5,008. Yet, the price varies from Rs 4,750 to Rs 5,250 per square foot. Over the past year, you saw a drop of 24.49% in property prices. This trend might influence future decisions for those pondering an investment.

Amenities and Connectivity

Cherlapalli Industrial Area boasts excellent connectivity to key industrial hubs and other city regions. It’s conveniently located near institutions like Lotus National School, healthcare centers like Vijaya Hospital, and industrial parks such as Raheja IT Park. Additionally, the area’s proximity to major highways and roads ensures strong connectivity, suitable for both commercial and residential use.

PropertyWala's Verdict

Cherlapalli Industrial Area provides a balanced blend of opportunities for both industrial and residential investments. Thanks to its strategic location, wide range of property options, and prices that are relatively affordable when compared to other industrial zones, it stands out as an attractive choice for those intending to invest in or live in Hyderabad. Still, it’s important to consider market trends and your specific investment or living needs before finalizing your decision.