Gachibowli: An Affordable Alternative You Can Turn To

by Harshitha Vardhan Blogger and Traveller With the economy slowly stabilising, real estate is back on the market As one of the preferred modes of investment. This makes the major cities attractive destinations for real estate investment because of the possibility of capital appreciation and sound returns on investment. But with the prices soaring in tier I and II cities like Mumbai, Bangalore ,and Chennai; buyers are fast turning towards Hyderabad. That means this builds up the market for flats for sale in Hyderabad both within the main city and around it. Some of the areas that are fast picking up and garnering buyers’ attention are Gachibowli, Nanakramguda, LB Nagar, Manikonda. Flats for sale in Gachibowli are a lucrative option for investment now because of the number of IT hubs that are present. This made Gachibowli’s barren swathes of land metamorphose into numerous gated communities. Gachibowli has stood out as a prime destination whether it is for investment as a capital purchase or simply for rental values. The proximity to the IT hubs had a huge hand in this. Besides, Gachibowli has a good connectivity with the main city and its connection with the Outer Ring Road makes it ideally placed for inter-city or inter-state travels. Its position to the Outer Ring Road also makes travel to and from the Rajiv Gandhi International Airport extremely convenient. Add that to the fact that the infrastructure is sound and it makes a great commute from work to home and back which gives people a chance to beat the traffic. Pumped by all the favourable factors, the developers are fast launching many projects in the area. Whether it is villas, gated communities, or just Duplex apartments for sale in  Gachibowli should be on your list for consideration. There are several developers here who cater to all segments of consumers, be it luxury villas or mid-segment buyers. Given the rising competition, these developers are trying to make their venture most attractive which means in any gated community, you’ll get the basic amenities like swimming pool, a clubhouse, intercom facility, children’s play areas as well as round the clock security personnel. This race that the developers have to sell units in their venture will make the prices of real estate competitive. On average, the prices are about INR 6000 per sqft and the prices for villas are also highly competitive when considered with the other parts of the city as well. Fuelled by demand for lower real estate prices while balancing capital appreciation and return on investment, as well factors like proximity to the workplaces, traffic conditions and connectivity to places of entertainment, restaurants, hospitals etc., more people are gravitating towards Gachibowli as a location and looking for villas, societies, multi-storied independent houses or flats for sale in Gachibowli.

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Created on Dec 21st 2018 03:47. Viewed 213 times.

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