Kukatpally may be a good destination to invest in real estate

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Hyderabad’s real estate market is witnessing a steady revival on the back of political and economic stability. Kukatpally is one of the hottest realty markets to invest in at the moment. Kukatpally lies in the northwestern part of the city and is a major residential hub which is now preferred by end users and investors alike. The National Highway 9 runs through Kukatpally and connects Pune and Hyderabad. The railway stations at Borabanda, Hitech City and Bharatnagar are easily accessible from Kukatpally as well. The upcoming metro railway project will definitely boost connectivity and real estate growth in the future.

The long distance train network is also accessible through the Secunderabad, Begumpet and Nampally stations which are located nearby. There is a robust bus and public transportation network in the locality as well. The Kukatpally Housing Board or KPHB is one of the earliest such housing colonies established under the aegis of the Andhra Pradesh Housing Board. There are several other colonies in the area as well. Kukatpally was previously a municipality and is now a part of the Greater Hyderabad Municipal Corporation or GHMC. This has improved civic amenities including garbage collection, waste disposal, sewerage and waste management.

Kukatpally is strategically located in close proximity to major IT hubs in Gachibowli and Hitech City. Kukatpally is also expected to witness future growth since the Corridor 1 of the Hyderabad Metro network will pass through the area and there will be metro stations at Kukatpally, KPHB and Jawaharlal Nehru Technology University. The JNTU Road is also easily accessible along with the Pragathi Nagar and Nizampet roads. The TSRTC bus network is strong here and the Hitech City MMTS station is also accessible. L&T Infocity is located in close proximity to Kukatpally along with Madhapur. There are several leading IT and ITeS companies nearby including GE Capital, CIGNITI Software Services Private Limited, Oracle, Microsoft, Dell, Google and Deloitte.

There are several under construction and ready to move in properties located at Kukatpally. There are several shopping malls, markets and hospitals within a 5 kilometer radius from Kukatpally. There are several hospitals and educational institutions nearby as well. Kukatpally offers comparatively lower property rates and there are several affordable projects here along with mid-range properties.