Overview of Secretariat Hills, Hyderabad

Location and Accessibility

• Secretariat Hills in the Puppalguda area is located about 15-18 kilometers from central Hyderabad. As a outcome, property prices are more affordable compared to central areas.

Property Types and Configurations

• This area predominantly features multi-storied apartment complexes, mostly with a ground plus four floors setup. Many of these are made for middle-class buyers.
• 3 BHK (three bedrooms, a hall, and a kitchen) flats cover nearly all properties for sale here.

Pricing

• Apartments in Secretariat Hills fall within a budget price range from Rs 2,000 to Rs 2,500 per square foot. With some negotiation, they even lower to Rs 1,800-2,000 per square foot.
• For plots, you find varying prices, like a plot priced at 74.8 Lac for an area measuring 2403 square feet.

Regulatory Status

• One major issue is the lack of suitable regularization. Around 60% lack the crucial LRS (Layout Regularization Scheme) certificate, suggesting that a lot of these structures don't follow government regulations fully or aren't legal.

Infrastructure and Development

• Even though it has numerous regulatory challenges, the area is growing rapidly with real estate. Vacant plots and standalone homes are being converted into multi-storied apartments. This has turned the area into a hotspot for residential apartments.

Rental Options

• For rental seekers, 2 and 3 BHK apartments are available nearby Secretariat Hills. Rental costs reflect this area's distance from Hyderabad’s center.

PropertyWala's Conclusion

Considering buying or renting in Secretariat Hills, Hyderabad? Be aware of the area’s regulatory issues. Although affordability and development growth make it promising, you could face legal or investment risk due to the irregularity issues in many properties. It's key to check out any property’s legal status before a final decision for buying or renting. Despite these challenges, the area’s progress and housing options present a good deal for affordable housing choices near Hyderabad.