Here is why Gachibowli is a safe-bet for property investment
Located in the northern part of Hyderabad, Gachibowli is one of the major Information Technology (IT) hubs of the metropolis. Located just 5 km away from HITEC City, the locality has been witnessing a huge demand for residential properties. Besides, the locality is bounded by major localities such as Banjara Hill, Kothaguda, Jubilee hills, Madhapur, Mehdipatnam, Panjagutta and Kukatpally. Apart from it, Gachibowli has several tourist attractions, as well. Some of them include Durgam Cheruvu, Shilparamam, Hussain Sagar, Ramoji Rao Film City and Golconda Fort.
Here are some of the major reasons that drive the real estate in Gachibowli
Connectivity to the Rajiv Gandhi International Airport via the Nehru Outer Ring Road and the international airport at Shamshabad through the Outer Ring Road
Proximity to railway stations such as Hafeezpet Railway Station, Deccan Railway Station and HITEC City Railway Station
Apart from wail connectivity, the locality gets frequent bus services operated by the state government. A commuter can reach important areas of Hyderabad through these buses.
Proximity to IT hubs
Being the major IT hub of Hyderabad, the locality has the presence of several major IT companies in the vicinity. Some of them include Wipro, Sierra Atlantic, Computer Associates, Infosys and Microsoft IDC. As a result, the demand for housing has been increased in Gachibowli. Especially, 1 bhk and 2 bhk homes are the most preferred configurations in this region. Owing to this increasing demand for properties, several residential developers have come up with various residential projects which comprises of apartments and villas in Gachibowli.
The locality has the presence of good social infrastructure in terms of educational institutes, healthcare centres and recreational amenities. Some of the renowned schools in Gachibowli include Kendriya Vidyalaya, Jawaharlal Nehru Institute for Development Banking, Government Primary School, Sarojini Naidu School of Arts and Communication and many more. Besides, there are some best hospitals here namely Aarogya Center, Oasis Centre of Reproductive Medicine, Manikanta Hospital, Aakruthi Dental Hospital and Dr Amar’s Dental Hospital. Also, luxury hotels like Regenta One and Hyatt are located here.
Upcoming Infrastructure developments
· A proposed IT SEZ by DLF in Gachibowli. Once this becomes operational, it will create enormous job opportunities. As a result, the demand for housing will also increase in this region.
· The upcoming flyover at Toli Chowki Junction
· The expansion of old Mumbai highway, which connects jubilee hills with Gachibowli Road
According to realty sources, these developments would certainly play a key role in boosting the capital values of this region in near future. Thus, if you are planning to buy flats in Hyderabad then investing in Gachibowli now would be an ideal choice.