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Q.

Is It Good to Buy Home in Pragathi Nagar?

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0 2022-12-21T14:50:09+00:00

Pragathi Nagar is a residential neighbourhood in Hyderabad's North West Zone that is rapidly expanding. My workplace is in Pragathi Nagar and I have seen the growth in this area in the past few years. Pragathi Nagar has gained a lot of attention recently for its infrastructure development, which led to a surge in Pragathi Nagar real estate due to its proximity to populated areas. The abundance of commercial buildings, including supermarkets, banks, schools, restaurants, and fitness centres, puts Pragathi Nagar properties at the top of many homebuyers' lists. So, if you’re wondering is it good to buy home in Pragathi Nagar or not, I might be able to help you out.

Check out properties in Pragathi Nagar, Hyderabad on NoBroker.

Is Pragathi Nagar good to purchase flats?

In my opinion, Pragathi Nagar is a good area to invest in. Due to the area's excellently built infrastructure, which includes flyovers, footovers, metro parks, underground drainage facilities, 24/7 electricity supply, and many other amenities, Pragathi Nagar in Hyderabad is one of the most sought-after locations for house purchasers. In Pragathi Nagar, Hyderabad, many reputable developers have taken advantage of real estate market opportunities and begun developing or building cutting-edge residential buildings with first-rate amenities for a higher level of living.

Following is the price and area range of 2 and 3 BHK flats in Pragathi Nagar.

Size(Min-Max) S.ft Price Per S.ft() Total Budget Range Min-Max() Total Units

2BHK (1035 - 1910)

4,600 - 6,499

50.6 L - 1.11 Cr

1606 Units

3BHK (1369 - 2205)

4,800 - 6,499

71.2 L - 1.21 Cr

1095 Units

Real estate in Pragathi Nagar has experienced tremendous expansion, so prices are anticipated to rise significantly. Pragathi Nagar has a lot of potential for residential growth overall, and new projects from reputable builders are anticipated here.

There are approximately 187 ready-to-move apartments in 21 apartment buildings in Pragathi Nagar. In Pragathi Nagar, the cost of homes varies from Rs. 50,06,500 to Rs. 1,21,25,295 for apartments, villas, and standalone homes..

In Hyderabad, the price per square foot varies between Rs. 3500 and Rs. 6600 for apartments, villas, and standalone homes.

Bachupally, Bowrampet, Gajularamaram, Hyder Nagar, KPHB Colony, and Nizampet are the best areas in Pragathi Nagar to purchase a home or make an investment.

Now you have the answer to your question “is it good to buy home in Pragathi Nagar?”.

Read More: Which localities near Pragathi Nagar, Hyderabad have good resale flats? What is land value in Pragathi Nagar, Hyderabad?
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