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Top 4 Residential Destinations in West Hyderabad
Hyderabad's realty market had reached its peak post-2014. It has continued to grow and set new records in India's real estate market. While many metropolitan cities such as Mumbai MMR, Delhi NCR, and Chennai had struggled to get rid of their inventory, Hyderabad's residential units were selling quickly.
Although the Hyderabad real estate market was slow initially, it started to pick up speed as normal. Therefore, we have compiled the top four locations in West Hyderabad, which are hotspots to live in residential areas.
Why is West Hyderabad such a hot spot for residential development?
The city's pockets became saturated over time. However, the corridors running the length of the Outer Ring Road (ORR), towards the western border of Hyderabad, have seen much growth due to modern amenities and the most recent development laws.
It is a great location for IT professionals.
- This area is known for being one of the most important IT hubs in Hyderabad, with its presence of top Information Technology companies and financial and banking corporations.
- It is well connected by rail (Lingampally Railway Station) and road (Outer Ring Road and the Old Mumbai Highway).
- The area is home to renowned educational institutions like the University of Hyderabad, ISB, and IIIT.
- This area is home to many famous shopping malls and five-star hotels..
- The mixture, Srija Hospital, Himagiri Hospital, and Continental Hospital, are state-of-the-art healthcare facilities.
Kokapet, located in the western suburb of Hyderabad, was once remote and had little development. There was also very little residential activity. Even 20 years ago, it was an unknown destination for Hyderabad's 'city-dwellers. Kokapet is now a rapidly-growing residential area due to its proximity to Gachibowli, which has seen a significant transformation thanks to the many IT-ITeS firms that have established themselves there. The location's infrastructural developments have helped it gain popularity in recent years.
Kokapet, also part of the Outer Ring Road, has primarily benefited from its proximity to Gachibowli and the Financial District.It has excellent connectivity via ORR to Narsingi or Nanakramguda. It boasts a well-planned social infrastructure, including educational institutions, healthcare facilities, and shopping malls.
A slew of luxury villas and apartments have been built due to the good connectivity between Kokapet and Gachibowli, the Financial District, and other areas.
Tellapur is becoming a popular residential area. It is located in Hyderabad's western zone and is surrounded by lush greenery. Tellapur is a beautiful location that attracts the attention of millennials who want to buy a property there.
It is located in Hyderabad's suburbs, but it is a highly sought-after area. People's lifestyles have changed, and so has their preference for residential areas. Everyone is looking for quieter areas of the city, away from all the noise and hustle.
Hyderabad's most prominent real estate developers are choosing Tellapur because it is close to the Financial District IT Park and far from noise and pollution. It is close to many IT companies like Wipro, TCS, and Infosys. It is closer to a healthy lifestyle and a better work-life balance, as it takes less time to commute.
Tellapur has easy connectivity to the ORR and is home to many luxury gated communities, including villas and apartments.
Narsingi, a suburb in the western part of Hyderabad, is now known as one of the most desirable residential areas. It is also close to the Outer Ring Road, connecting it to Wipro Circle and Financial District. This area is home to premium, gated residential developments of mid-to-high quality.
While pocket homes are the most affordable housing projects, more residential development is occurring as distinguished realty builders propose many high-end residential projects that will improve the quality of life for residents. As a result, Narsingi is a sought-after residential address for home buyers, especially IT professionals.
Narsingi can be considered a potential realty corridor in Hyderabad and a lucrative investment opportunity.
Nanakramguda has become a focal point for residential development in the city. Nanakramguda, once a sleepy suburb, is now the center of economic and real estate development. This area has been transformed by the new IT park in the Financial District. This area is now bustling with new residential and commercial projects.
Over the past ten years, the majority of the best builders in Hyderabad have invested in vast residential projects in Nanakramguda. In the present year, property prices have risen significantly.
These areas offer many advantages in terms of infrastructure and location, which can attract potential home-buyers to purchase a property there.
Frequently Asked Questions (FAQs).
Which area is best for residential living in Hyderabad?
Because it is close to the Financial District's IT park, West Hyderabad has become a major hub for residential development. The burgeoning social infrastructure and the IT park are also nearby. These are the top four residential areas in Hyderabad that are suitable for both bachelors and families.
Which Hyderabad area is the best for investment?
Investment in real estate is an important financial planning tool for a better tomorrow. However, it is often difficult to decide because it involves future ROI, and where you live plays a major role. Hotspots for real property investment are those areas that have a rapidly growing social infrastructure. Investors have a lot of potential in West Hyderabad. These are the best places to invest:
Which are the most desirable gated communities in Gachibowli, India?
Gachibowli, a self-sustaining locality in Hyderabad, is located in the west region of the city. It is currently a preferred location for residential development. Gachibowli is home to some of the most desirable gated community apartments Hyderabad offers. The best-gated community apartments in Hyderabad are located in and around Nanakramguda. These apartments offer top-of-the-line amenities to their residents. REFL Properties has built numerous gated community residential developments around Gachibowli.
Which are the most desirable gated communities near the Financial District?
The Financial District in Hyderabad is home to one of India's largest IT parks. Financial District is home to many IT/ITEs firms, international e-commerce companies, and banking corporations. This has attracted much attention from prospective investors and real estate developers.
Is there a gated community of villas near Gachibowli?
- Many gated community villa developments are located close to Gachibowli.
- This is a gated community in the Financial District.
- The IT hub of Hyderabad, the Financial District, has seen much growth in recent years. There are both commercial and residential activities. There are many offices, restaurants, and hotels located in this area. However, many gated communities offer premium amenities and facilities.
- Eterna, a premium gated community project by REFL Properties, offers 3 & 4 HK apartments and various amenities. This residential project is a new definition of luxury.
- REFL is the best-gated community apartment in the Financial District. This is a residential community in the Financial District that offers premium amenities.
Are there ready-to-move-in apartments nearby Gachibowli
Gachibowli is more than a bustling hub for commercial activity. Many residential projects are also located in large gated communities. REFL offers 3 BHK apartments in a gated community near Gachibowli.