Changes are appreciating and changes should always be welcomed. One such change is noticed in real estate. The peripheral locations are becoming the desirable locations of home buying. Respecting the change and flowing with the demand, Tripura Constructions have also launched a number of wonderful ventures in the peripheral locations, a few are completed, a few are ongoing and one is an upcoming venture.
TABLE OF CONTENT
1.CHANGING TREND
1.1. Tellapur
1.2. Bowrampet
1.3. Kokapet
1.4. Manchirevula
1.5. Kollur
1.6. Pocharam
1.7. Bachupally
1.8. Adibatla
2.DESIRABLE LOCATIONS
1. CHANGING TREND
A change is prevailing in the trend of home buying in Hyderabad. Increased infrastructure and competitive pricing points in the outlying pockets of the city are the cause of it. People prefer to move away from the popular areas to peripheral pockets of Hyderabad. Investors are shifting focus to peripheral areas. The noted hubs are taking a backseat and the fringes are becoming the hot selling pockets of Hyderabad. Areas around the IT peripherals are witnessing a major growth. Real estate is growing at a fast pace. Gated residential communities are on the rise in the peripherals. Affordable as well as ultra luxurious gated communities are attracting the IT professionals to reside in the calm and peaceful atmosphere of the peripheral locations. The following areas are gaining popularity in the peripheral locations of Hyderabad.
1.1. Tellapur
Tellapur an upcoming premium residential locality is growing due to its strategic location alongside ORR. It is adjacent to ORR and 20 min away from Mumbai Highway. The RGI Airport is just 50 mins away from Tellapur. It has a well developed infrastructure. It is easily accessible to IT hubs such as Hi-Tech City and Gachibowli. Hyderabad Central University and BHEL Township are within 5km of Tellapur. Serilingampally and Nallagandla are some of the localities close to Tellapur. It is becoming an ideal place of residence for IT Professionals. Tellapur is considered as one of the best locations for property investment. It is in close proximity to IT hubs like Gachibowli and Madhapur. It is slowly transforming into a commercial hub due to the presence of a few well known offices of IT sector. Green Alpha of Tripura Constructions, forest themed apartments, the only one of its kind is in Tellapur. It offers 2, 3 BHK fabulous apartments. Another amazing venture of Tripura is Tripura Galaxy with 2 & 3 BHK apartments. Designed as a string, the luxury duplex villas at Tripura Meadows are spread over a vast land. This is another venture of Tripura Constructions.
1.2. Bowrampet
Located in Ranga Reddy District, near NH9, Bowrampet is gaining prominence. It is approximately 6km from Jawaharlal Nehru Technological University (JNTU) and just a 10 min drive from BHEL. It is close to Kukatpally, which is well known for shopping and big commercial establishments. It is a fast developing locality turning into a major residential and commercial suburb due to its proximity to ORR and the IT corridor of Hyderabad. The land prices are comparatively affordable as most of the land is in the region of Panchayat. Property prices have increased dramatically in the last one year in this region. Being in the fringes of the city, this place is still pollution free. As it is located along ORR, travel to IT corridors will be easy. There are several international schools in its vicinity such as The Creeks, the IB School of International Learning, the Oakridge International School etc. A number of residential gated communities, independent houses and villas are developed here. A plethora of residential plots are also available with multiple options. Quality residential projects are on the verge of completion. They are being built to come up to the expectations of future residents. Commercial complexes that include supermarkets, schools, fitness centers, restaurants and banks make this place a point of attraction. This place holds good infrastructure. Tripura Constructions also have two of their elegant ventures in Bowrampet. Tripura Landmark III with magnificently built 3BHK duplex, independent , luxurious villas are built in a gated villa community @ Bowrampet. Third in the string of the well built Landmark Series, Tripura Landmark III, is yet another fabulous venture of Tripura Constructions. An upcoming venture of Tripura Constructions, Tripura’s Nirvana will be available soon with its 3 BHK villas.
1.3. Kokapet
Kokapet is 3 km away from Gandipet and close to RGI Airport. It is in Rajendranagar Mandal, in the Southwest zone of Hyderabad. ORR is just 15 min away from Kokapet via Narsingi. The nearest Metro Station is Hi-Tech City. It is almost an extension of Financial District and is in the vicinity of IT Hubs. With well developed infrastructure, this place is away from the noise of the city. A remarkable development is noticed in Kokapet in its residential as well as commercial sectors. Kokapet, in close proximity to Financial district and Gachibowli brags a well maintained social infrastructure.It is well connected to Narsingi and Nanakramguda via ORR. LB Nagar in the South and Dilsukhnagar in the East are in the neighbourhood of Kokapet. It is located in the western corridor of Hyderabad. It is considered as the new growth engine of the IT sector. Many multinational and IT companies have already started moving their offices to Kokapet and this makes it a hotspot for real estate activities. Gandipet, Narsingi, Puppalaguda and Manikonda lie close to Kokapet.
1.4. Manchirevula
Manchirevula is in Rajendranagar in Telangana State. It is located in the north-western parts of Hyderabad. This is also another developing place which can fetch good returns if invested. Its superior connectivity to the prime commercial hub of Manikonda makes it a prominent destination for home buyers. Kokapet, Puppalaguda, Gandipet and Manikonda are in close proximity. This area provides various residential options. It has good connectivity through ORR. Narsingi, Aziznagar, Neknampur are the nearby localities. Manchirevula has good access to airport. It is a 35 min drive . It is at a distance of 5km from Financial District and from top IT companies like TCS, Wipro and Infosys. It is 8 km away from Gachibowli Junction. This is considered to be one of the most quickly developing areas on the peripherals. It has an easy accessibility to Gachibowli and Nanakramguda Junction. Manchirevula has Infotech and Capgemini in proximity and this attracts many working professionals to Manchirevula.
1.5. Kollur
Kollur has a major junction of ORR, hence it is gaining prominence. Located in Ranga reddy district it is located close to IT hubs. It is 13 km from Gachibowli. Kollur also has an advantage of being the next exit to Kokapet with proximity of 10 KM from Exit 1. It is one of the upcoming residential suburbs and has an excellent scope to develop in residential and commercial sectors. Due to its fine infrastructure, Kollur caters to various budget categories and offers quality housing. Kollur is in good demand in respect of residential properties. Developing places like Tellapur, Nallagandla, Gopanapalli and Osmannagar lie in close proximity. One can find houses of various budget categories with a range of options- from gated communities to villas as well as high end apartments.
1.6. Pocharam
Located in the North east of Hyderabad, Pocharam witnesses a good demand for the residential sector. ORR passes through this area. It comes under Ghatkesar Mandal. One can invest in commercial as well as residential sectors. It has good connectivity to Warangal Highway. Pocharam is well connected to the other parts of the city through rail, roads and public transport. Located 32 km from Hyderabad, this locality offers a wide range of properties. Several IT companies like Infosys software Complex, Genpact, Raheja’s MindSpace Software Park are in the vicinity of Pocharam. IT companies situated around the locality are creating job opportunities and attracting buyers to invest here. This would enhance the locality and its social infrastructure. Pocharam is a lucrative investment option with several basic amenities within the budget. It has become a fast developing neighbourhood in East Hyderabad.
1.7. Bachupally
Bachupally is 14bkms away from Hi-Tech City. It is well connected to the city by ORR as well as with multiple railway stations, thus giving an assurance of further development. Bachupally is located near ORR and Bollaram Road. It has emerged as a preferred residential and commercial destination and is developing at a rapid pace. It is close to Bowrampet. The nearest railway stations include Hi-Tech City railway station, Hafeezpet railway station and Borabanda railway station. This locality is witnessing an increase in population owing to its proximity to the commercial hubs of Gachibowli and Hi-Tech City. Bachupally houses the offices of a number of renowned companies like, Tech Mahindra, Pioneer Steel Pvt. Ltd; Dr Reddy’s Laboratories Ltd etc. It has a well developed social infrastructure. Bachupally has a number of hospitals. In addition to these, it has some recreational facilities and proximity to various banks and ATMs that include Bank of India, Andhra Bank and ICICI Bank.
1.8. Adibatla
Adibatla is another fast upcoming residential area located in Ranga reddy District. Vanasthalipuram, LB Nagar and Ibrahimpatnam are in its neighbourhood. It is 20 km away from the airport. Adibatla is within 3 km from ORR making it feasible for IT professionals. It has good social infrastructure. It has witnessed a significant transformation after the IT and aviation companies set their offices in this area. Located in Ranga reddy, this place is gaining prominence due to the TATA Aerospace SEZ. It connects to the city through the outer ring road. This place is considered as an excellent investing option with good returns of investment. Adibatla is expected to be the next IT hub in near future. Adibatla is considered as a healthy financing option for its excellent return on investments. Social and economic infrastructure is well developed. It is a peaceful pollution free area in the South East zone of Hyderabad.
2. DESIRABLE LOCATIONS
Hyderabad’s residential real estate is witnessing a steady growth and expansion in the peripheral areas due to various reasons. Several peripheral zones are propping up the realty market. The above mentioned areas are the upcoming localities which are on the path of residential development and will turn into major residential real estate hubs. These areas have attracted the attention of home buyers and investors. These places ensure a healthy future for residential estate. It is observed that the IT sector has been the force behind this rapid pace. The increased workforce pushed up the demand and supply in the peripheral areas. The development of the city and the excellent infrastructure in the peripheral areas has boosted the real estate.
A number of fabulous and luxurious ventures of Tripura Constructions, with trendy villas, 2 & 3 BHK magnificent apartments are available in the above mentioned peripheral and desirable locations. The areas in the periphery of Hyderabad are gaining prominence and these peripheral locations are turning into desirable locations.
The wind of buying a house is blowing towards the periphery. One should always have the capacity to adjust the sails and reach the destination.
– Written By Pallavi Krishna
