Invest in Multi-story apartments at silpa park

Q: Hello, I live with my wife in a rented apartment near Hafeezpet and I wish to buy a 2 BHK in either an independent house or multi story building in silpa park, kondapur. It’ll be great if you could help me with details about buying such houses in silpa park and any additional information about the area will be much appreciated. Thank you!

Suresh Kota, Hyderabad

19th June 2014

Residential Project Review in Silpa Park , Kondapur, Hyderabad

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Replies (3)

I totally agree with what is said above. I live in silpa park, and I would say that silpa park has the advantages of a private and quiet life and at the same time a very controlled chirpiness of a gated community. It is like a township in itself with houses of all variants scattered around the area. If you take a stroll around the place, you would find many 2BHKs up for sale at very attractive prices. The only problem I have faced so far is the temporary water shortage in summers, apart from that investing here is a good deal, and can rea excellent rent also in case you want to rent out your property.

Lokesh Gowda, Hyderabad

24th June 2014

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It is indeed surprising that you want to go for individual or apartments in multi story buildings. But, I think I understand living in individual houses or apartments has its own perks. One important thing for having such property is the locality. A nice, safe and secure area is very important as it lacks the benefit of tight securities as in gated communities. That being said, silpa park is a very lively but at the same time very private and secure area. You can find 2BHKs ranging from Rs. 35 lacs to 90,00,000 lacs. Also, since the area is already pretty developed, people in this area are looking to resale their houses, lot of negotiation can be done.

Kamala Reddy, Hyderabad

23rd June 2014

Comment

Hello sir, I must say you have opted for a nice and peaceful corner in a very bustling kondapur. Silpa park is a very nice residential area with good parks to take a stroll in, and clean roads. You should also know that silpa park is home to a lot of the working class professionals, bachelors and spinsters because of its close proximity to Hitec city and Gachibowli. You will find many multi-story buildings around the area but finding independent houses might be a challenge in silpa park. You could check out Raghavendra colony which is opposite Silpa park for affordable independent houses.

Lata Rao, Hyderabad

23rd June 2014

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