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Opinion and Only Opinion

Wednesday, October 30, 2013

Miyapur - Hyderabad micro market scan

Miyapur has very little social activity.  Though it has some 3/4 movie screens and good super market options, eating out options are pathetic. This is because there is not commercial activity and no colleges around to attract floating population through out the day. The fact that Miyapur is sandwiched between two very commercial locations in KPHB and Chandanagar, does not provide enough scope for commercial development.  But, with time the activity will eventually kick in. Given the situation and the wide use of the name Miyapur by the realtors, some caution is advised.

Miyapur, as quoted by builders, indicates an emerging micro market that encompasses - Bachupally, Mythrinagar, Madinaguda, Hafeezpet, Mathrusrinagar, Mayurinagar, HMT Swarnapuri, Ameenpur which expands the core Miyapur area by about 10 times. 

Like Gachibowli, Miyapur is used to broadly address all the above localities surrounding Miyapur, so one should be alert to the exact location because as you move away from NH 9 (JNTU - BHEL stretch), the livability quotient comes down drastically.  It is safer to bet on projects closer to NH 9 - inside 1 km from the highway. And, the metro is also running bang on NH 9. Gated communities can be a good options but individual apartment units might face challenges with respect to social infrastructure.  

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