Investing in Kondapur

Positioned within 7 km from Jubilee Hills, Kondapur offers you great deals at affordable prices. This place has undergone terrific real estate expansion in the past few years, leading to an overall rise in realty demand. This facelift has also left Kondapur with a well-planned mix of residential and commercial pockets. Nestled close to the Madhapur-Kondapur stretch, this place is surrounded by IT hubs like Gachibowli and Hi-Tech City. The ease of access provided by Kondapur simply makes it an ideal residential location for the IT workforce. Social infrastructure in Kondapur is also in good condition, with an array of schools, institutions, hospitals, supermarkets, theatres, and exhibition centres buzzing with life in the locality. Necessities like water and electricity are also provided in ample amount. The well-set social and civic infrastructure of Kondapur has enhanced the interest of potential investors of late. Many reputed developers have projects in this region, and there is steady demand from both end-users and investors for homes that are relatively affordable and close to prime locations such as Jubilee Hills. Unlike other areas in the vicinity that are close to Gachibowli and Madhapur, Kondapur offers open plots as well. Due to the residential development in the area, commercial real estate is also fairly vibrant here. Kondapur is fairly well connected to other parts of the city, with a network of roads both narrow and wide. While NH-9 passes from nearby, Kondapur lies in close proximity to Old Mumbai Road, Gachibowli-Miyapur Road, and Hitech City Road. This ensures that the place remains well connected to all the other important locations in the city. The Outer Ring Road also serves as an excellent route for commute. The nearest railway station is located at Hafizpet, which is around 4 km from Kondapur. The metro line will also be available soon from Hi-Tech City stop. Apart from these, the locals also frequently use auto-rickshaws. ith the bloom in IT industries in surrounding areas like Gachibowli, workers started looking towards Kondapur as a residential option. The surge of employees migrating to Kondapur has resulted in a change in the residential scenario. More and more people are now opting for apartments, with decreasing preference for houses and villas in Kondapur . Presently, most of Kondapur is crowded with multi-storey apartments of both semi-luxury and luxury calibre. Although there is a steep rise in the number of apartments, there are still a good number of houses, villas, and plots to be found. Being a residential hub, commercial spaces in Kondapur are relatively not many. The price of apartments in Kondapur has been going steady, until an overabundance of buildings led to a dip in the rates. his proved to be vital in boosting real estate investment in the area. Add to this the locality’s proximity to important centres in Hyderabad and one can be rest assured that Kondapur is among the foremost residential areas in the region. If you wish to invest now to enjoy capital appreciation, you can expect good returns considering various developments lined up in the locality.