Hyderabad - Latest Hub of Active Residential Projects

Hyderabad - Latest Hub of Active Residential Projects

By siliconindia   |   Tuesday, February 3, 2015


Hyderabad: The western Hyderabad has come up in an enormous manner due to the extreme demand and residential development. During Oct-Dec 2014 quarter, Hyderabad has more than 100 active giant residential projects in various localities. Due to its lucrative residential options and extraordinary ambiance, it is turning into a preferable residential destination for residents who are looking out the under construction and new residential projects. The investments are vault to yield extensive results. The majority of the residential projects are offering Multi storey apartments and Independent houses. A price of these residential projects begins from Rs 2 Lakh to Rs 5 crore.  

After confronting many deterrents in the formation of Telangana state, Hyderabad city is stretching out its own glory. The city is recording a boost of new project launches of major segments such as commercial, residential and retail due to the growing demand. Today, the city is one of the best options for individuals who are looking towards property investment for better returns. Here is a list of most popular residential property investment destinations which has active residential projects and offering new housing stocks.

Gachibowli, a major IT suburb of Hyderabad located in the north-east part is having the highest number of residential projects of multi storey apartments and villas. The majority of the residential units are 2 and 3 BHK Apartments. Being home to IT companies and close to Hi-tech city and ORR, the locality is offering good connectivity to other prime areas. Prices here start from Rs 35 Lakh for 2 BHK Apartment to 4.4 crore for 4 BHK villa.

Kondapur, a western suburb of Hyderabad is gaining attention of young IT professionals who are working in and around Gachibowli, Kothaguda, Hi-tech city and other neighboring areas. The multi storey apartments of 2 BHK and 3 BHK units are the most supplied configurations in this locality. Residential Property prices in this locality vary from Rs 30 Lakh to Rs 80 Lakh. The majority of Residential projects are under construction projects.

Adibatla, one of the fastest growing suburbs sited in the outskirts of the Hyderabad city is turned as a favorable residential destination. Being close to ORR and Housing Tata Aerospace SEZ, the locality is attracting the builders’ attention for commercial and residential development. The locality has the second highest number of active residential projects in the city. All the projects are offering residential plots, ranging Rs 4.5 Lakh to Rs 74 Lakh.

Kompally, being as a fastest growing village situated in the outskirts of Hyderabad is putting forth a multi storey apartments and villas with a value scope of Rs 20 Lakh to Rs 1.2 crore. The locality is attracting individuals those who looking for second homes between Grape gardens and desire to live free from city hustles and bustles. The locality has good connectivity to city via NH7 and the under construction Radial Road 13 is foreseen to support its connectivity in near future.

So, if you are looking forward to invest in multi storey apartments and independent houses, then focusing on these Hyderabad localities offering new housing stock of active residential projects is a good option.

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