Are you looking for good residential property in Hyderabad that offers value for money and holds a potential for investment? If yes, Gachibowli can be the right destination for you.
Let’s explore one of Hyderabad’s prominent residential market.
Gachibowli is one of the evolving real estate destinations of Hyderabad. An IT suburb of Hyderabad, Gachibowli offers good investments possibilities and several housing options with mid-range and premium properties. The properties in Gachibowli is available in the range of Rs.2,870 to Rs.6,690 per sq ft. If you wish to buy an apartment, a 2BHK configuration can be bought with an investment of approximately Rs.51 lakh for a 1220 sq ft. A 4BHK property with an average of 2,850 sq ft is available for around Rs.1.43 crore in this location.
Gachibowli has become a hot spot destination in the recent years as a number of top IT companies have their offices here. They include corporate giants like Infosys, Microsoft, Wipro, Sierra Atlantic, Computer Associates and TCS. Another benefit is that this locality is just five kilometres from HITEC City which is also an IT Hub of Hyderabad.
There are several prominent educational institutions here including the University of Hyderabad and Indian School of Business; IIT Hyderabad in the vicinity. Some other well-known institutions include Kendriya Vidyalaya, National Institute of Tourism and Hospitality Management, NASR School and CHIREC International.
The top luxury hotels in this area are Radisson and Hyatt. The primary hospitals in Gachibowli include Continental Hospital, Rajitha Hospital, Himagiri Hospital, Sunshine Hospital and Maxcure Hospital. It also houses the GMC Balayogi Athletic Stadium. The major tourist attraction around Gachibowli are Durgam Cheruvu, Osman Sagar Lake, Ramoji Rao Film City and Golconda Fort. With the preservation of green areas and excellent social infrastructure and amenities, this region of Hyderabad offers ample reasons for developers and homebuyers to invest here.
What about road connectivity?
There is an increase in the potential investors in Gachibowli over the last few years due to the IT infrastructure and outstanding connectivity. As the area is still developing further, it would be profitable to make an investment in Gachibowli now.
Gachibowli is well-connected via a network of roadways and railways to various prime locations in Hyderabad. It is surrounded by areas such as Kokapet, Kukatpally, Banjara Hills, Kothaguda and Jubilee Hills. It has a great connectivity to the Rajiv Gandhi International Airport through the Nehru Outer Ring Road and takes about 40 minutes’ drive to reach the airport.
The closest railway station is the Lingampally MMTS station and the planned metro service will definitely boost the connectivity in the city. The TSRTC buses routes in Gachibowli provides good network within the city and links to other cities like Koti and Mehdipatnam.
Prominent Residential Developments
There are several prominent residential projects in Gachibowli including Pacifica Hillcrest, Vertex Panache, Prestige High Fields and Rajapushpa ATRIA which offer 1-4BHK apartments for sale in Gachibowli. Similarly, there are luxurious independent houses including Mantri Euphoria, Kalidindi West Woods and Suneetha La Villa Green Fields which offer 3BHK villa for sale in Gachibowli.
In short, Gachibowli offers everything that a property investor looks for. This city has many job opportunities, good housing options and easy-living conditions. If you are planning to invest in Gachibowli, now is the right time.
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