Locality Snapshot Kondapur – Hyderabad : A CommonFloor Report
Kondapur is a suburb located on the north-western part of Hyderabad, about 20 km from the heart of the city, in Ranga Reddy district. Strategically located in the Cyberabad Information Technology Zone, it has gradually progressed into a buzzing business hub. It is renowned for its connectivity as well as infrastructure facilities which has resulted in its growth as a prominent residential realty destination.
“As part of ‘Real Insights’ into real estate, CommonFloor.com has come up with a detailed report on Kondapur real estate market – one of the key micro-market in Hyderabad – with in-depth analysis based on CommonFloor data.
For detailed report“
Future Prospects of Realty in Kondapur
Kondapur, being in close proximity to both Hitech city and Gachibowli, is a fast-developing residential hub for IT professionals working in these IT hubs. Rentals in the area are also considerably lower than those in Hitech city and Gachibowli. Infrastructure, though fairly well developed has the scope of developing even further. With the development in infrastructure and the coming up of new facilities, the real estate market in the area is expected to get a major facelift. Considering that the prices are comparatively lower than a few years back, buyers can expect to buy residential units by availing discounts offered by developers. Investors in land as well as residential accommodation can also expect high returns in future when the prices stabilise.
