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Is Janapriya Nile Valley, Hyderabad a good investment bet?- property hotline
Posted
September 20, 2016
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3:14Now PlayingExpert: Jayashree Kurup, Head of Content & Research at Magicbricks.com.
Question: I plan to buy a 3 BHK Flat in Janapriya Nile Valley at Madinaguda, Hyderabad. Please tell me about the future prospects of this project. Also, what is the per sq. ft. rate of this project?
Answer: Janapriya Nile Valley is in Miyapur where the current values are Rs 3,000 – Rs 3,100 per sq. ft. Currently, a 3BHK is listed for Rs 41 - Rs 45 lakhs. You can get Rs 13,000 – Rs 16,000 per month as rent for this apartment. This is a good buy. But think of holding for 5-7 years. The metro link in Miyapur makes this a good place to invest. As the line expands so will the value of your property.
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