Kukatpally – Promising Realty hotspot of Hyderabad

Kukatpally-hyderabadKukatpally, a nearby location to the Hi-tech city is developing as the most sought after commercial and residential hub in the North-West part of Hyderabad city. Kukatpally region is recently merged into the Greater Hyderabad Municipal Corporation (GHMC) which is highly driven by the demand from IT professionals seeking nearby locations to their office as their residence. Although the region comes in the vicinity of Hi-tech city, it caters housing needs of both middle class and upper middle class as an elite residential area in Hyderabad.Real Estate ScenarioBefore merging Kukatpally into the greater Hyderabad Municipal Corporation, Andhra Pradesh housing Board had developed the Kukatpally Housing Board Colony in the region which still stands as one of the biggest colonies established across the country. Kukatpally provides an elite residential real estate market in Hyderabad with great infrastructure facilities, road connectivity and other amenities like shopping centers and entertainment zones. Proximity to the IT hub certainly acts as a huge catalyst in the real estate market of Kukatpally with enormous demand coming from the IT workforce working in the Nearby IT hubs of Hyderabad. Kukatpally has emerged as one of the most sought after residential region of the city in the past few years. Venkat Rmaana Colony, Saptgiri Colony and Diamond Hill colony are few of the major residential developments in the region apart from Kukatpally Housing Board colony. Other than these big colonies the region also houses many apartment projects coming up in various areas. The major demand in Kukatpally was observed for apartments, villas and individual houses having 2 to 3 BHK space in units.Price trends in the region increased gradually in the past few years. The current average price per sq for any housing units in the region has increased by about 16 per cent in comparison with the last year’s prices. While residential prices significantly observed the rise in appreciation, rental values of properties were also observed significant increase in prices. Proximity of IT hub, and shopping centers like CMR, Rs brothers and Chennai Shopping Mall have great influence on the property prices of the region, many manufacturing companies are situated in the vicinity of the region and the region is also emerging as one of the best education hubs of the city.Connectivity and infrastructureKukatpally stands as the epicenter of all connectivity aspects of the city in North-West Hyderabad. Every possible social connectivity mode is located only few miles away from Kukatpally real estate market. Begumpet International airport is located 8.5 km away from Kukatpally, while Hi-tech city railways station is just 8 km away on Hi-tech city road and proposed Miyapur Metro Railway station is located just 4.5 km along the Vijaywada Highway. Vijayawada Highway and NH-9 are the major connectivity booster in the Kukatpally region providing an easy access to major city location in Hyderabad. Kukatpally region has great public transport facility with added private transportations like Taxis and autos for travelling through the city.Other than connectivity, Kukatpally also features advanced and well established social infrastructure which has great influence on the real estate market of the region. Prominent schools like DAV Public School, Satavahana Public School etc. and colleges like Gokaraju Rangaraju institute of Engineering and Technology, Vishwa Bharathi College of Engineering have benefited the residential real estate of the region. The region has presence of premium hospitals like Prime hospital and Anupama hospital which provide all kinds of medical facilities and Kukatpally also house prime shopping and entertainment centers in the region.Vicinity of Kukatpally with Hi-tech city has aided the overall real estate market, but residential real estate of the region witnessed an upsurge in demand attributing to IT and manufacturing sectors. Numerous IT companies are planning to set their facilities in the Hi-tech city which will bring huge wave of demand in the region in the coming future. Greater Hyderabad Municipal Corporation is also working on many infrastructure projects to make Kukatpally one of the most prominent real estate destinations of the city as the region boast huge future prospects of becoming realty hotbed in Hyderabad property market.займ на карту без отказов круглосуточновзять кредит онлайн

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