By: Modi Builders in Kompally
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Modi Silver Springs : A Premier Residential Project on Kompally, Hyderabad.
Looking for a luxury home in Hyderabad? Modi Silver Springs , situated off Kompally, is a landmark residential project offering modern living spaces with eco-friendly features. Spread across 11.28 acres , this development offers 630 units, including 1 BHK, 2 BHK and 3 BHK Apartments.
Key Highlights of Modi Silver Springs .
• Prime Location: Nestled behind Wipro SEZ, just off Kompally, Modi Silver Springs is strategically located, offering easy connectivity to major IT hubs.
• Eco-Friendly Design: Recognized as the Best Eco-Friendly Sustainable Project by Times Business 2024, Modi Silver Springs emphasizes sustainability with features like natural ventilation, eco-friendly roofing, and electric vehicle charging stations.
• World-Class Amenities: 24Hrs Backup Electricity, Badminton Court, Basket Ball Court, Club House, Gated Community, Gym, Health Facilities, Indoor Games, Landscaped Garden, Library, Maintenance Staff, Play Area, Pucca Road, Rain Water Harvesting, Security Personnel, Swimming Pool and Wifi Connection.
Why Choose Modi Silver Springs ?.
Seamless Connectivity Modi Silver Springs provides excellent road connectivity to key areas of Hyderabad, With upcoming metro lines, commuting will become even more convenient. Residents are just a short drive from essential amenities, making day-to-day life hassle-free.
Luxurious, Sustainable, and Convenient Living .
Modi Silver Springs redefines luxury living by combining eco-friendly features with high-end amenities in a prime location. Whether you’re a working professional seeking proximity to IT hubs or a family looking for a spacious, serene home, this project has it all.
Visit Modi Silver Springs Today! Find your dream home at . Experience the perfect blend of luxury, sustainability, and connectivity.
Welcome to Modi Builders, a leading construction companies in the twin cities of Hyderabad and Secunderabad. The firm has over thirty five years of experience in the building industry, having built several buildings since inception. Given the immense scope in the housing industry in India, the company has been focusing on promoting a series of large residential townships in several areas in the city. All the ventures promoted by the firm so far have been highly successful.
The firm is currently carrying out extensive construction activity at various locations in and around Hyderabad. The company has residential projects to the tune of about Rs. 4000 crore on hand and is actively negotiating several new projects. Our Company plans to have about 20 million sft of construction with a total value of Rs.5000 crore in the next few months.
Flanked by Medchal Road on its east, Kompally is one of the upcoming suburbs in Hyderabad. The locality is engulfed by the likes of Jeedimetla, Suraram, Bolarum and Dulapally, and houses the famous Fox Sagar Lake, Jayabheri Park and Defence Area.
Kompally has strong social infrastructure, with notable educational institutions such as St. Martins Engineering College, Indian Institute of Aerospace Technology, Sri Chaitanya Jr College, Siva Sivani Institute of Management and Sri Chaitanaya Degree College, along with healthcare centres such as Ayucue Ayurvedic Hospitals, Shri Sigma Hospitals and Mediplus situated in the locality.
The neighbourhood receives adequate water and electricity supply, which is provided by the Hyderabad Metropolitan Water Supply (HMWS) and Andhra Pradesh State Electricity Board (APSEB) respectively.
The commercial infrastructure in Kompally is quite impressive and complements the social infrastructure. Few malls and stores such as Cache Furniture Limited, Big Bazaar, Colors, The Fashion Store, Bata Showroom, ESSAR Hypermart, and Heritage Fresh are scattered across Kompally. An array of restaurants such as Mehfil Dhaba, Thinespo, Domino’s Pizza and Bahurani Restaurant dot the streets.
Connectivity and transit points
NH-7 connects Kompally to Secunderabad and Nagpur, while Doolapally Road and Bolarum-Kompally Road link the area with the likes of Dullapally, Bolarum, and other regions in and around Hyderabad.
Kompally Bus Stop and Bommidala Bus Stop are prominent bus stations in the area. Locals can commute to Secunderabad by boarding buses from these two bus stations. Auto-rickshaws are also a common means of transport in this locality, and several share autos ply the streets of the locality all day long.
Rail travel is facilitated by Bolarum Railway Station, which is situated 5 km from the area. This station facilitates travel to various areas in Hyderabad and Secunderabad. Rajiv Gandhi International Airport is located 48 km from here and can be reached within an hour via NH-7.
Major landmarks
Factors for growth in the past
Once known for its grape garden and farm houses, Kompally has swiftly transformed into a real estate hotspot in the past decade. Development of NH-7 paved the way for significant growth in this locality, improving Kompally’s connectivity to a great extent. This road connected the area with the likes of Nagur and Secunderabad, influencing the locality's real estate development.
Abundance of land was another factor that contributed in the growth of this area. Reputed builders such as NCL Homes Limited, Ashoka Builders, Krupa Builders and Modi Builders set up several residential projects in Kompally, improving the locality’s real estate market.
An active transport system within the locality also played a vital role in this locality’s growth. Establishment of schools, colleges, hospitals and malls followed shortly, and provided the real estate market of Kompally with the much required boost.
Residential and Commercial Market
Residential market trends
Kompally contains a myriad of apartments, villas, independent houses, and residential plots. Apartments are the dominant property type, selling at an average rate of Rs 2, 370 per sq. ft. The average rate of independent houses in Kompally is Rs 4,300 per sq. ft, whereas the average rate of plots is Rs 6,700 per sq. ft. The price range of 2-4BHK apartments units in Kompally lie between Rs 24 lakh and Rs 85 lakh, whereas the price of 2-4BHK houses range from Rs 21 lakh to Rs 1 crore. Residential plots range from Rs 71 lakh to Rs 6 crore.
The rent culture in Kompally is prominent, with the rent rate of apartments being Rs 7 per sq. ft., and the rent rate of houses being Rs 9 per sq. ft. The rental price for 2-4 BHK apartment units range from Rs 7,000 per month to Rs 22,000 per month. The rent for 3-4 BHK houses range between Rs 15,000 per month and Rs 35,000 per month.
Commercial Market Trends
Kompally’s commercial market has shown a lot of improvement in the past few years. The average rate of commercial plots in this area is Rs 12,600 per sq. ft., with the average price falling close to Rs 23 crore.
The rent culture for commercial properties is gradually picking up. The rental rate of offices is Rs 26 per sq. ft, and the rental price ranges from Rs 2 lakh per month to Rs 3 lakh per month.
Major challenges
One of the major problems faced by the residents of Kompally is the growing pollution, caused by the burning garbage in the area. The environmental pollution caused by this open burning garbage has been a cause of worry, impacting the health of the residents.
Factors for growth in the future
Kompally is an area bustling with residential projects such as Shwetha Aryan, Sri Gajanana Residency, RK Panchsheel Park, Hi Vision Residency, and NCL Sindhu, among others. The completion of these projects will transform Kompally into a well-developed residential hub.
There are plans to construct 14 gateways in Hyderabad, of which one will be coming up on Medchal-Kompally Road. This project is being taken up in an attempt to not only beautify the city but also in order to make Hyderabad more safe and secure by keeping a track of the incoming and outgoing traffic. While this might not directly influence the real estate market of the area, it will definitely add to the locality’s overall appeal.
Some of the Residential Projects at Kompally are listed below:
Suvela Suketan
Nagarjuna Dream Land
Trident Grande
Grand Vie
Saraswathi Parivar
More Residential Project, Click Here
4th Floor, Ashoka HiTech Chambers, 8-2-120/76/1/B/16,17,18 Road No. 2, Banjara Hills, Hyderabad, INDIA.
The project is located in Quthbullapur, Kompally, Hyderabad, Telangana, INDIA.
Apartment sizes in the project range from 470 sqft to 1090 sqft.
The area of 2 BHK units in the project is 750 sqft
The project is spread over an area of 11.28 Acres.
Price of 3 BHK unit in the project is Rs. 25.89 Lakhs
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