Sample Content Writing for Real estate Industry

Bowenpally

Bowenpally, a suburb in Secunderabad is divided into two sub-regions – Old Bowenpally and New Bowenpally. The locality's demographic is mostly middle and upper-middle class people and there isn't a specific culture dominant in the area. Apartments form more than 50% of the residences, with individual houses a close second. Villas, penthouses and service apartments make up the remaining homes. Currently there are 6 ongoing projects of flats and villas.

Bowenpally is 18 kms from National Highway 7 and 22 kms from National Highway 9.  The Rajiv Gandhi International Airport is 16 kms from it and the closest MMTS train station is Fateh Nagar which is 5 kms away.

Residential Property Price Trends in Bowenpally

Though there are 6 ongoing residential property developments in Bowenpally, from 2014 to 2015, the average locality price has dropped by 12%. Currently the rate of residential properties stands at Rs 2,463 per sq ft for multi-storey apartments and Rs 2,732 per sq ft for builder floor apartments. The average rent for a 2 BHK property in Bowenpally is around Rs 8,700.

The residential projects currently underway are:

• Aakriti Bheema Sai Niwas
• Emerald Lake Residency
• Bhagyashree Heights
• Prithvi Homes

The residential projects that are ready and possession scheduled for this year -2015 are:

• SKIL Manasarovar Villas
• VSS Nandadeep
• Tirumala Arcade
• Bhagyashree Enclave
• Sri Sai Residency
• Celebrity Homes

Commercial Property Price Trends in Bowenpally

Commercial property rents have gone up by 10% since the last quarter of 2014. The current average rent rate is Rs 33 per sq/ft.

The Maheshwari Shopping Complex is the latest ongoing commercial project with its scheduled date of possession set for 2015.

Livability Index

Bowenpally is mostly a residential area, and residents of the area on public forums have praised the convenience of the place and its accessibility to important amenities.  But apart from this Bowenpally's main woe is water. The area does not get enough water and it is a problem faced by Secunderabad Cantonment Board (SCB). To fix this issue, the SCB will be drilling 14 new borewells this summer. As recent as February 2015, there was news of contaminated drinking water reaching residents of Bowenpally.

Traffic is generally congested throughout the day, which is why the authorities are considering installing more red lights, and also widening the roads to ease the congestion.

Future Developments

To ease the congestion of traffic during the day there is a plan to add a traffic light at the Center Point and Diamond Point Irani hotels. In addition the government plans to widen the road to ease traffic.

Locality Amenities and Commute

The neighbourhood has the necessary amenities available to residents. Schools, malls, hospitals etc. are accessible from Bowenpally.

l  The nearest airport is Rajiv Gandhi Airport that is 16 kms from Bowenpally.

l  There are two malls within a 3 km radius of the area.

l  There are 2 ATMs within a radius of 1 km.

l  The nearest MMTS Railway Station is Fateh Nagar and is 5 kms from Bowenpally.

l  There are six schools in a three km radius - St Peter Schools, Lead India Bharat Ratnas, St Andrews School, Kendriya Vidyalaya, Pallavi Model School, Gowtham School.

l  There are nine hospitals in a radius of 3kms the closest being Bapu Maternity Home, Janapareddy Hospital and Vamshi Hospital.

l  National Highway 7 is 18 kms from Bowenpally and National Highway 9 is 22 kms from it.

l  TSRTC runs many buses that connect Bowenpally to different parts of the city. Special buses also run to cater to office goers.

l  Some of the shopping malls situated in the area include Paradise Shopping Centre, Chennai Shopping Mall and Coupon Mall.

Neighbouring Areas

Some of the neighbouring areas situated near Bowenpally are Jillelaguda (1 km), Saroor Nagar (2 km), Champapet (1 km), Bairamalguda (2 km) and many more.

References

·         http://en.wikipedia.org/wiki/Bowenpally

·         http://www.asklaila.com/Bowenpally-Guide-Hyderabad/lg1068/

·         http://www.magicbricks.com/Property-Rates-Trends/Multistorey-Apartment-rates-Bowenpally-in-Hyderabad

·         http://www.magicbricks.com/Real-estate-projects-Search/ALL-RESIDENTIAL-new-project-Bowenpally-in-Hyderabad

·         http://www.justdial.com/Hyderabad/Tourist-Attraction-%3Cnear%3E-BOWENPALLY/ct-1000166395

·         http://www.ixigo.com/places-around-nearby-bowenpally-market-secunderabad-lp-1598125

·         http://www.commonfloor.com/bowenpally-hyderabad/lvp-j14rft

·         http://www.justdial.com/Hyderabad/CBSE-Schools-%3Cnear%3E-Bowenpally/ct-255286

·         http://m.magicbricks.com/mbs/propertyDetails-520%20Sqft-Shop-FOR-Sale-Bowenpally-in-Hyderabad&id=slshPxd40wckT9zpSvf+uAgZw==&category=Sale

·         http://www.websqft.com/properties/commercial-retail-showroom-shop-for-sale-in-bowenpally-233816

·         http://property.mitula.in/property/commercial-property-bowenpally-hyderabad-photos

·         http://www.newswala.com/video/load/3972-Contaminated-drinking-water-being-supplied-in-Bowenpally-area-Secunderabad.html

·         http://www.newindianexpress.com/cities/hyderabad/14-New-Borewells-to-Address-Water-Shortage-at-SCB/2015/04/13/article2761859.ece