Laxmi Nagar Colony is located in East Hyderabad near Chaitanyapuri. Laxmi Nagar Colony PIN code is 500035. It is very close to localities like Chaitanyapuri, Ramanthapur, Saidabad and Saroornagar. Due to its proximity to these areas, Laxmi Nagar Colony offers great accessibility for homebuyers working in nearby locations.
Laxmi Nagar Colony Hyderabad is primarily a residential locale attracting young professionals and families. It has become popular owing to its proximity to IT hubs. People living here are mostly working professionals employed in nearby commercial areas. Most residents are between 25-45 years of age. The locality has a quiet atmosphere as people follow an urban lifestyle that is not very different from other similar pockets in Hyderabad. Being a mixed community, the culture is moderate with people celebrating important festivals together.
Physical Infrastructure of Laxmi Nagar Colony
Laxmi Nagar Colony is well-connected via major transportation routes. It is situated right off the NH65 and NH163 is also nearby. Inner Ring Road passes nearby providing swift connectivity across the city. Chaitanyapuri metro station on the Red Line is 1 km away. Kacheguda train station is 7 km away. Begumpet Airport is 17 km away. Buses also ply regularly on key routes from the locality. Check out the Laxmi Nagar Colony map to know more.
Social and Retail Infrastructure of Laxmi Nagar Colony
Laxmi Nagar Colony is well-provided for in terms of social infrastructure and amenities. There are several reputed educational institutions in the vicinity including Samskar Kids School, St. Martin's High School and Excel Concept School catering to different educational needs. Colleges include Sri Ram Degree College, Sri Chaitanya Junior College, and Sri Aurobindo Degree & PG College are nearby.
For healthcare, prominent hospitals such as Sri Sai Womens Hospital and Susheela Hospital are located within 5 km. For retail and shopping, Six Shopping Mall, Vaishnavi Onyx, Prajay Shopping Mall, Next Galleria Mall, and Manidweepa Arcade are all nearby.
Real Estate Market Trends and Rental Demand in Laxmi Nagar Colony
The real estate market in Laxmi Nagar Colony has been witnessing healthy growth over the past few years. The Laxmi Nagar Colony property rates have steadily appreciated due to its connectivity and access to social and retail infrastructure as mentioned earlier. Average prices for 2 BHK independent houses currently range between Rs. 80-95 lakh. For tenants, rental demand has also risen considerably backed by the large influx of working professionals to nearby office hubs. Landlords can lease out 1BHK and 2BHK flats for Rs. 10,000-15,000 per month depending on size and amenities. Both investors and end-users are keenly looking to enter this market owing to prospects of capital appreciation and convenient stay respectively. The future remains promising as more infrastructure projects are in the pipeline.
Top Employment Hubs near Laxmi Nagar Colony
Laxmi Nagar Colony enjoys close proximity to major IT/commercial hubs that have emerged as top employment destinations for residents. With these major employment nodes within close proximity, residents of Laxmi Nagar Colony enjoy excellent job opportunities across multiple sectors. Some of the top employment hubs near Laxmi Nagar Colony are —
- Echor Tech - 5 km
- My tech - 6 km
- Battineni's Techpark - 17 km
- SANDHYA TECH PARK - 18 km
- SBR SIRI TECH PARK - 19 km
Famous Sub-Localities / Colonies / Areas near Laxmi Nagar Colony
While Laxmi Nagar Colony forms an important residential pocket, there are several thriving sub-localities around it. These sub-localities cater to different needs of buyers from affordable to luxury segments. Some of the popular areas near Laxmi Nagar Colony are —
- Saroornagar
- Saidabad
- Chaitanyapuri
- Patel Nagar
- Shalivahana Nagar
Things to so in Laxmi Nagar Colony
- Escape to the serenity of Lumbini Park for a refreshing stroll amidst sprawling lush greenery. Commune with nature amidst lush foliage and scenic trails at the urban oasis of KBR National Park.
- Be awed by intricately carved marble sculptures at the centuries-old Birla Mandir, a spiritual retreat in the heart of the city.
- Cheer on your favorite teams at world-class sports venues like Gachibowli Stadium hosting mega events. Brave icy adventures year-round at Snow World, Asia's biggest indoor snow park right here.
- With so many exciting landmarks and activities closeby, you'll never run out of ways to explore and engage with the vibrant culture of this city. Take your pick and start making memories in these top attractions now!
Laxmi Nagar Colony in Hyderabad provides excellent residential properties in a convenient location. The colony is well-established with good civic amenities. It has appreciated well over the years due to ongoing development work. Given the strong infrastructure, connectivity and potential for capital appreciation, Laxmi Nagar Colony makes for a smart property investment or home buying decision for those looking in the city of Hyderabad.
What is Good about Laxmi Nagar Colony?
- There is easy access to the city centre, IT hub and international airport.
- Multiple schools, colleges, hospitals and parks are nearby.
- Shopping and dining options are readily available.
- Entertainment venues like malls and cinemas are closeby.
- Safety is relatively better compared to outer areas.
What is not Good about Laxmi Nagar Colony?
- Traffic congestion during peak hours needs addressing.
- Walkability can be improved with better footpaths and lighting.
- Public transport connectivity to newly developed areas lacks.
- Pollution levels from vehicles are higher than outer circles.
- Availability of housing options at affordable prices is limited.
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