Five Residential Investment Hotspots of Hyderabad

Hyderabad, the bustling capital city of Telangana, an emerging IT destination and a home to top multinational companies, has established itself as a potential destination for real estate investments.  presents. Torbit Realty presents five hot residential real estate investment locations in this premier southern city.

Kokapet 

Located close to the Hitech City, Gachibowli, Madhapur and the IT centres of the Financial District and well connected with other parts of Hyderabad, Kokapet is an ideal and high-potential corridor for real estate investment.

The area has good transport facilities through Durgam Cheruvu Metro Station and Kokapet X Road Bus Stop, and has superior social infrastructure in the form of prominent educational institutions, hospitals, and shopping centres. The premier educational institutes include Rockwell International School, Green Gables International School, Creekside International School, Excellencia Junior College.  Kokapet scores high on medical facilities- Universal India Hospital, Himagri Hospital, Delight Hospital, Vislon Hospital. Inorbit Mall, Essen Presidential, Fairmont and MN Capital shopping centres add to the livability index. The apartments in this locality command a price of Rs 7547 per sq feet.

Tellapur    

Strategically located near the Outer Ring Road with proximity to prime locations of Hitec City, Gachibowli, Financial District, Tellapur offers investment opportunities in luxurious apartments and villas which provide best-in-class amenities for residents.

Premier educational facilities including Sanskriti School, Manthan International School Goldcrest School and Narayana Junior College and well-known health facilities like Tirumala Hospitals, Sugnan Hospital, Panacea Meridian Hospitals and Jayini Multispeciality Clinic, together with Max Shopping Mall and Tellapur Shopping Complex contribute significantly to the livability index of the area. Tellapur is well connected through Miyapur Metro Station and Train Station. With best of the upcoming residential projects including Rajapushpa Imperia, Fortune Green Homes Sapphire and Green Alpha, Tellapur fetches apartment prices of Rs 5659 per square feet.

Kondapur

Located in the city’s western suburbs close to City Centre, with sound infrastructure and connectivity to all parts of the city through Miyapur and Hitech City Metro stations, Kondapur is an affordable location for residential real estate investment. This micromarket boasts of good social infrastructure in the form of Sanskriti, Chirac International, Stepping Stone schools, Apollo Spectra, Align and Ivy Leaf hospitals and Atrium, Next Galleria and Sarath City Capital malls.

Several real estate developers like Viva city, GHR Titania and SMR Vinay Iconia are engaged in doing affordable residential developments- floor apartments and multistorey apartments. Average sale price of a low floor apartment is Rs 6194 per square feet while the high-rise apartment cost is Rs 7745 per square feet.

Bachupally

An upcoming suburb in the northwestern part of Hyderabad, Bachupally offers a variety of flats to meet the rising demand of modern home buyers. Having high connectivity through JNTU College Metro Station, Miyapur Metro Station and Kukatpally Metro Station, Bachupally has well developed social infrastructure.

The area has well known educational schools and colleges like Silver Oaks International School, Kennedy High Global School, Sri Aadya Junior College and Impulse Junior College.   Sri Swastik Hospital, Sig Hospital and Relief Hospital and prominent malls like Sriven Mall, Manjeera Mall and NSL Centrum Mall, besides restaurants and health and fitness centres further add to the social infra index of Bachupally.One can get apartments in this locality at an average sale price of Rs 5187 per square feet.

Pragathi Nagar

Located close to the prime commercial areas of Hyderabad, Pragathi Nagar is well-connected to the other parts of the city through JNTU Metro Station, Miyapur Metro Station and KPHB Colony Metro Station. Kidsvilla, Pragathi Central, SSD Grammar schools, HRV Hospital, People’s Hospital, Microcare ENT Hospital, besides NSL Centrum Mall and Reliance Shopping Mart, make this area facility rich.

Several developers including DVG Crystals, Makuta Myspace, VSR Heights and Vasavi Group are actively involved in providing modern low-rise and highrise apartments for luxury living.While the average sale price of floor apartments is Rs 4536 per square feet, highrise apartments cost Rs 4732 per square feet.

Source: Magicbricks