Shamirpet is the new hot spot

Shamirpet happens to rank high among the emerging real estate hot spots of the city suburbs these days. Once known only for the lake and deer park, the vicinities of Shamirpet have in the last couple of years underwent a metamorphosis making it a preferred destination.

A lot of residential and commercial projects are changing the landscape in and around the place. Existing projects and future prospects plus an affordable price tag has in a way, helped Shamirpet score positively with the middle class in particular.
On global map

Emerging as a Biotech Hub, the place has won a position on the global map. The state-of-the-art Biotech Park has been earmarked here in three phases over hundreds of acres.

The ICICI Knowledge Park developed and maintained by ICICI Bank apart there are other projects being taken up by APIIC. A spread of 25 acre is also to be developed as SEZ by Parswanath Developers. Rough estimates suggest that 62 companies are already functional here with a good enough workforce. The upcoming projects include Giga City in 2,000 acres, DLF in Jawahar Nagar, Genome Valley and Tata Chemicals.

The other major infrastructure taking shape includes a new bypass from Biotech Park II to Biotech Park III, Manjeera water supply up to Biotech Park III, ORR, six lane express highway from Parade Grounds to Shamirpet. It is in this backdrop, Desire Estates and Property (Ph. 9246156109), has come with a project aimed at middle class.
Clear title

With clear title, it is next to Biotech Park Phase III and is spread over 20 acres. On offer are plots of 200 sq.yds with a price tag of Rs.1,450 per sq.yd. Assured are basic amenities including gated community, blacktop roads, underground drainage, club house and swimming pools and ‘vaastu’ compliance, according to the promoters.

T.L.S.