Why You Should Buy A 1 Bhk Flat In Kondapur, Hyderabad

By Author: Mohit Sharma
Total Articles: 1
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There are very few cities in southern India that have the ability to house multiple cultures and multi-linguistic generations of people with no trouble at all. Hyderabad can definitely be counted as one among them with its people carrying the spirit of the city through decades of progress and prosperity. When it comes to real estate Hyderabad has booming options due to the various developmental projects it has undertaken and the well-planned architecture of the city.

Over the year various industries like IT, manufacturing, pharmaceuticals, pearls and diamonds as well as other small and big industries along with business and financial houses have given this city a strong economy to rely on. There are many neighbourhoods that have seen world-class residential projects some of which are Banjara Hills, Jubilee Hills, Chanda Nagar and Cyberabad which houses the IT companies and pharmaceutical industries. Kondapur is one such suburb here that has made a name in the real estate market as a city that is feasible and yet has plenty to offer

Why Kondapur

Kondapur, a suburb near to Hyderabad is situated in ...
... the Ranga Reddy district of Andhra Pradesh. It is home to the information technology companies of Hyderabad and developed extensively from being a town to become a modern-day city with all the necessary amenities and comforts. The main advantage of buying a property in Kondapur is the fact that it is easily accessible to the cities surrounding it and at the same time has many properties to supply to the people who are looking for a long term investment or residential option. A 1 BHK flat in Kondapur, Hyderabad has been found to be on the higher side of the demand due to many young professionals living here. The prices here are also very feasible compared to other major suburbs in Hyderabad where the rate go from Rs. 4000 per. sq. ft. to Rs. 8000 per. sq. ft.

Why Kukatpally

When one compares Kondapur to other neighbourhoods in and around Hyderabad, Kukatpally emerges as the closest competitor with its prices and facilities. In fact the both the suburbs are just 5 kilometres apart from each other and have so many similarities. Kukatpally has all the facilities that Kondapur has to offer in terms of transport, education, hospitals, commercial complexes and much more which is why the demand for a 1 BHK flat in Kukatpally, Hyderabad is also high due to the similar trends and demographics of both the suburbs. Here in Kukatpally, the prices range from Rs. 3300 per. sq. ft. to Rs. 3700 per. sq. ft. this is again very feasible.

The Final Verdict

There is no doubt that both Kukatpally and Kondapur have immense potential and bright prospects for the future however the thing to be noted is that Kukatpally is already a developed suburb with a booming population, when on the other hand, Kondapur is a suburb that is waiting to become a Kukatpally in future and not forget the steady increment in prices. Hence if you are planning to buy a 1 BHK Flat in Kukatpally, Hyderabad it is good decision but a property in Kondapur would give you better returns for the future since it is still in infancy stages of real estate prices. Residential property rates in Kondapur go from Rs. 3400 per. sq. ft. to Rs. 3500 per. sq. ft. which is extremely feasible and only sweetens the deal and gives you more reason to buy a flat here.