With a concrete jungle already built up, the suburbs of Hyderabad are now a viable option for people searching for new homes. Apartments in Kukatpally and various other suburbs on the outskirts offer multiple benefits.
Let’s look at the top 3 reasons:
Connectivity: The connectivity of a place to nearby markets, office spaces and educational institutes is a crucial factor to consider. For instance, Kukatpally is the destination of choice for many new home buyers in Hyderabad for its favourable location.
Kukatpally is close to the financial district of Gachibowli and in proximity to both the IT hubs. A shorter commute to work attracts a large number of people to this suburb every year. Also, the availability of premium projects like Splendour by Modi Builders, attracts many home buyers.
If you are planning to buy apartments in Kukatpally, that can be a wise choice because of the good connectivity to NH9 that links Hyderabad with Mumbai. Located in the Corridor One of Hyderabad Metro Rail, it covers nearly 12 Km Miyapur-SR Nagar stretch.
Also, its proximity to IT corridors attracts IT professionals from all across India. Kukatpally’s strategic location along with schools and colleges like DAV Public School, Daffodils Public School, Vishwa Bharathi College of Engineering amongst others, has given it a new stature in the real estate market.
Infrastructure: The development and infrastructure of a place play an important role.
Over the years, Kukatpally has gone through various stages of development. The coming up of Kukatpally Housing Board Colony, Asia’s largest housing board, along with housing options from various developers like Modi Builders, Lodha, etc., has increased its demand among buyers.
The locality is fully developed with seamless roads and well-managed parks.
Demographics: Hyderabad has been growing since its urbanization in the 90s. The coming up of major IT companies and the influx of professionals from across the country gave it a special place in the house-rental market.
A 10-km proximity to the IT corridor has given the rental market a boost. The average rental income stands at around Rs 20,000 for a 1,300 sqft house.
The increasing population of highly educated and motivated professionals has brought like-minded people to Kukatpally, thereby contributing to its real estate prices.
Voted twice as the best city to live in, Hyderabad offers its residents a peaceful and well-balanced lifestyle. The growing IT revolution in the city is a major factor that draws large number of people, and Kukatpally is amongst the top-most suburbs. In the coming years owning apartments in Kukatpally could be the best realty choice you make.