Murali Mohan is now again keen into his Real Estate business and purchasing the lands beyond outer ring road. Right now the lands there are very cheaper and are available at just Rs 100 to Rs 250 per sq yard. That falls about 60 kms away from the city but still, real estate bothers least about the distance as everything is bound to develop in future. Murali Mohan is negotiating to buy hundreds of acres in those areas as per fresh information.
So, we may see the next phase of Real Estate development beyond the ring road area. The 20 kms away from Shamshabad airport towards the opposite direction of Hyderabad city is also rated lucrative in years down the line.
The main city appears to have got saturated with whopping rates. Even the places like Maheshwaram and Shamshabad are dull with no sales. As the lands are very cheap outside the ring road area, as a sane businessman Murali Mohan is buying a few.
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