Q: Hi guys! I and my partner are planing to move to kothapet In Hyderabad. I am quite unfamiliar with this area. Can somebody please tell me about Kothapet and how the locality is like? Thank you!
Yes, The recently formed Telangana Government has announced a new industrial policy which has issued around 15 laks acres to attract the industrial and the IT hub to invest in the area. The first 25,000 acres are said to be developed near the Hyd-Warangal industrail corridor! So it is also an upcoming industrial area.
Kothapet is right near to the Hyderabad - Warangal industrial corridor, only 14 kms away. So it is also very close to the upcoming industrail hub of Hyderabad which already has some top companies like GenPact and Infosys around that area
Being one of the best places to live in hyderabad, the land rate in kothapet is very high! It is starts from 3000- 4800 rupees per square feet and with a steady increase is seen from the past 4 years!
Hey along with its connectivity to national highway, kothapet is quite close to the Rajiv Gandhi International Airport which is just 28 kms away and the Secunderabad Railway Station that is 12 kms away. In addition, the Nagole- Mettuguda metro rail track is supposed to pass through Kothapet, so it is very well connected.
Yes, due to this metro rail, the real estate prices have also gone up a lot. A 2 bhk flat in kothapet costed around 25 laks in 2013, but now it has gone up to 33-35 lakhs! And i think it is expected to go up even further! So investing in this area is also a pretty good idea.
The area in and around is booming in terms of infrastructure. You can see several new malls like the Chennai Shopping mall and residential projects like Manjeera heights and Janapriya Avenues coming up in the locality. The Mcube mall nearby is a good place to have some fun. :) and it is also good if you want to own some kind of business or shop!
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Hey Kothapet is one of the major suburbs of Hyderabad. it is a very good idea to move into this place. It wont be be a problem for you to find a place here to live in as it is one of the biggest residential areas and you can get houses in many units.
Kothapet is set in a prime location in hyderabad as is it close National Highway 221 which goes to VIjayawada. it moreover is close to many good schools like Medhas International, Akshaya International and Om bharathi Vidyalaya and several hospitals like OMNI ,Sanjeevini Hospitals and Yashoda hospitals.