Q:Hello. I am actually new to the city and was wondering which locality has the best real estate potential? I've heard a lot about Kukatpally, can someone please give me info about this locality? How good is connectivity here and infrastructure facilities? Thanks!
Latest Answer: Kukatpally has great potential. Even now invstors get returns of 8 to 14% on their investment. That's brilliant considering real estate prices usually keep fluctuating. But this locality has shown a steady increase of prices between last year and this year. Major IT hubs like Hitech city and Kukatpally are really close by so that's another reason why demand for residential property here has increased. The Kukatpally flyover is super useful to reach Hitech city in no time. This and the fact that this locality is located on Mumbai highway has interested Mahindra spaces to take on the Ashwita project on the Kukatpally - hitech city road, where 5 residential towers are to be developed on 9 acres of land. Although I think for mid-segment housing, people generally prefer Gachibowli. But still, villas are a sell out in Kukatpally. Good luck!
