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    HomeTelanganaReal Estate Booming Around Hyderabad’s RRR Due to High Demand

    Real Estate Booming Around Hyderabad’s RRR Due to High Demand

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    The Telangana government’s ambitious Regional Ring Road (RRR) project is expected to transform the state’s infrastructure and economy. Led by the Revanth Reddy administration, the large-scale development has sparked a surge in land demand, especially around key junctions where the new road is planned.

    Previously, the construction of the Outer Ring Road (ORR) had significantly increased land values in Hyderabad’s suburban areas. Investors and developers took advantage of this expansion, making substantial profits. Now, with the RRR project in progress, a similar trend is unfolding. Although the real estate sector has recently slowed down, experts believe that land prices will rise as the project advances.

    Developers are actively purchasing large plots near planned junctions, aiming to build residential and commercial projects. The RRR is expected to take 10 to 20 years to complete, but investors are making long-term commitments, hoping for major financial gains. The profits from the ORR boom have strengthened the belief that the RRR will also present lucrative opportunities.

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    The project involves constructing a four-lane highway spanning 347 kilometers, improving connectivity across Telangana. It will have 12 major junctions, linking it with national and state highways. Experts predict that these well-designed interchanges will boost real estate growth in surrounding areas. As a result, major real estate companies are investing heavily in these prime locations.

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    Land prices along the proposed RRR route have skyrocketed, especially at junction points. Road-facing land near the RRR alignment is now valued between Rs 1.5 crore and Rs 2 crore per acre. Prices are even higher at key interchanges along corridors like the Vijayawada and Mumbai highways, reaching Rs 3 crore per acre. Even land located 2 to 3 kilometers away from the planned road is selling for Rs 1 crore to Rs 30 crore per acre. Experts predict that prices will increase further as construction nears completion.

    With large-scale land acquisitions happening, developers are launching projects for both residential and commercial buyers. Investors are focusing on long-term profits rather than immediate gains, expecting property values to rise significantly over time. As infrastructure development progresses, the demand for land around the RRR is set to grow even more.

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    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
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