Talk:Picket
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Picket Area is one good place which is just beside Jubilee Bus stop and half a kilometer from the Clock TOwer main road.
Cost of living at Picket area makes it more attractive to people who are looking for peaceful living. Has all the banking to shopping facility, just a minute drive you will be in the hot of city. God roads are layed and maintained properly.
Its one good place where you feel like you are in a town sucg greenary and calm place. Seeings its beauty now the land rates have increased a lot which one cannot imagine but its worth buying.
One cannot refuse to stay there.
Being the only large residential hub that is a stone’s throw away from the Secunderabad railway station and the commercial bustle of Patny and Paradise, Marredpally, Picket is in a unique position.
Away from the buzz of prominent IT hubs, Outer Ring Roads and the new international airport, Marredpally & Picket has still retained its own charm.The rich and vibrant culture, which is evident in its religious activities and community gatherings,alongside the countless number of popular schools seem to be its USP.
Its real estate scene has altered in recent years, from one where old bungalows with huge courtyards dotted the whole area, to one that is dominated by towering apartments and infrastructure that can hardly keep pace with its vertical expansion.
Commercial activity
Essentially, the locality is residential , with commercial activity just enough to support the day to day needs of the people living there. So one can find super markets, dry cleaners, confectionery stores and stationery shops but shopping complexes and malls? You would have to go a bit farther to Secunderabad for that.
The property rates in the area escalated with the real estate boom in the city almost doubling itself in the last year and a half.
When it comes to commercial spaces, the rates are not the same everywhere. While some commercial properties in East Marredpally command Rs 50 per sft as rental, some others bordering near Picket have to be content with quoting Rs 20 – Rs 30 per sft. Moreover, the area is so saturated that there is no space left for any large-scale commercial venture.
Vasu