Which is the Best Place to Buy a Property in Hyderabad?
Here are the top 5 locations to invest or buy a property in Hyderabad. Check out what Hyderabad offers, from flats, villas or plots to options for every budget.
Hyderabad, the City of Pearls and home to delectable Hyderabadi Biryani is one of the leading real estate markets in the country. According to reports, property appreciation soared by 26% over the last five years – a trend propelled by factors including the government’s focus on infrastructure development and Hyderabad emerging as an IT hub creating opportunities for job seekers.
With the influx of IT titans across the country and beyond borders, demand for apartments in Hyderabad for sales and rent is on the spur. As the city grew unhindered, several areas once considered the periphery of Hyderabad is reaping astounding benefits.
Are you looking for the best places to buy a property in Hyderabad? We have picked the top 5 neighborhoods in the city best for property investment.
- Gachibowli
Located centrally, surrounded by HITEC City on the east, Tellapur to the west, Kondapur in the north, and Kokapet in the south, Gachibowli is the most sought-after residential zone for multinational IT companies & employees.
It hosts some of the top educational institutions, hospitals and research facilities. Gachibowli located conveniently on the Nehru Outer Ring Road offers excellent connectivity to the micro-markets of Hyderabad via Old Mumbai Highway, ISB Road, and NH-65.
The demand for 3 BHK flats for rent in the gated community of Gachibowli Hyderabad tops the popularity chart for IT professionals and ISB University students interested in the locality’s walk-to-work & school culture.
Shopping malls & supermarkets, sports, entertainment and gastronomical outlets, you can find everything in every nook of Gachibowli. It is a prime location for investment in 3 BHK in Hyderabad.
Moreover, the proposed metro rail extension, upcoming 40-acre IT SEZ, under construction Kokapet IT Hub and other social infrastructure development in the area ensure low risks and high returns.
- Kokapet
Kokapet is considered the extension of the Financial District well-connected to Gachibowli via Narsingi-Nanakramguda Road. It is quite close to Gandhipet and Hyderabad’s international airport.
Outer Ring Road connects Kokapet with prime localities including HITEC City, Banjara Hills and Financial District. The connectivity in the area has improved further by the Ameerpet-HITEC City metro corridor.
Kokapet has become a hotspot along the IT corridor with increased demand for gated community apartments and villas, positioning it as one of the top locations in Hyderabad to invest.
- Kompally
Kompally is set to become the realty hub in North Hyderabad. Located along NH-44, coupled with excellent roads and public transportation, Kompally has become an ideal choice to invest in gated communities. You’ll profit from resale and appreciation.
The upcoming Gateway IT Park in Kandlakoya, expected to secure a 10K+ workforce will also do wonders for the area. The area is conveniently close to Suchitra Junction.
For those looking for apartments in Hyderabad in a posh locality, Subishi Polem is an excellent choice. Every basic amenity is within a 5-minute drive away – international schools, healthcare, banks, cineplex, malls, supermarkets, indulging activities and great outdoor options. The Rajiv Gandhi International Airport is 20 minutes drive away.
The area offers a range of residential and commercial options. Kompally caters to diverse homebuyer preferences with the availability of multiple residential and commercial development options of varied sizes.
- Kollur
Owing to its proximity to Kokapet, Gachibowli, Financial District, Kollur has grown in popularity among working professionals mainly because of its affordable prices compared to its neighbouring Kokapet SEZ.
Kollur is a great option for homebuyers looking for new affordable locations along Outer Ring Road. The locality has major options in flats and villas for sale, from budget-friendly to high-end luxury.
Patighanpur-Kollur is ideal if you’re looking for an apartment in Hyderabad that offers convenient living with a good return on investment. It has endless amounts of greenery and plenty of groundwater. Riddhi’s Taranto, Mirchi Venice City, and GHS Callisto are a few trends in and around Kollur.
Educational and healthcare institutions surround it. Additionally, the area offers options for dining, shopping, entertainment, and recreational activities to enjoy the great outdoors.
Prices in Kollur aren’t quite as high as in Gachibowli or HITEC City, but as the 640-acre IT Hub nears completion, it will undoubtedly rise. So, hit while the iron is hot.
- Mokila
Mokila in West Hyderabad is fast developing into an attractive real estate zone. Excellent connectivity to the main city as well as the low property prices are two of the strongest features of this locality.
With its proximity to Gachibowli, Outer Ring Road (ORR), Hi-Tech City and Kokapet, Mokila tops IT and finance professionals’ list seeking spacious 3 BHK in Hyderabad at reasonable prices. Additionally, Mokila, Shankarpalle and Bhanur lie in the Golden Triangle, which has radial road connectivity. It has witnessed a consistent price rise in the last two and a half years.
A lush green stretch surrounds Mokila. If you’ve always dreamed of luxury living surrounded by greenery away from the humdrum of the city yet still wish to enjoy the amenities of a city check out Subishi Fortuna Towers.
It is considered best for investment because of its efficient connectivity, consistent demand for residential houses, and closeness to job hubs complemented by recreational amenities and popular tourist destinations.
