Though Hyderabad has always been a realty hotspot, there are certain areas like Nallagandla that have lately gained prominence. Though Gachibowli and Madhapur have been the favorites for a while now, they are now immensely saturated. There are some key factors that make an area stand out – the location, accessibility and recreational and entertainment options. Nallagandla ticks all the right boxes and is slated to grow even further!
Until sometime back, Nallagandla was not as well-known, but with the IT industry gradually spreading its wings in Hyderabad, it has found favor among those working in the IT and ITeS sectors for residential needs. Nestled between Gachibowli and the BHEL township, Nallagandla is primarily a residential area which has slowly caught up on both social and civic infrastructure parameters. With multiple luxury projects like Aparna Sarovar Grande, Aparna CyberLife up and running, and new state-of-the-art communities such as Aparna Sarovar Zenith , Aparna Cyberscape and Aparna Sarovar Zicon under construction, Nallagandla is on its way to becoming a hip & happening locale real soon. The Aparna Mall that is also on its way will only add to the glitz and convenience.
The location is an advantage; it is only a kilometer away from the Lingapally Multi-Modal Transport System (MMTS). Besides, it is wedged between the Outer Ring Road and the Old Mumbai Road, which makes it within reach to prime areas in Hyderabad, including Banjara Hills and IT hubs such as Gachibowli and Hi-Tech City. It is also only 8 km away from the Wipro Junction and a decent 26 km from the Hyderabad city center.
The connectivity has drastically improved due to the construction of the Tellapur Flyover across the railway station so that Nallagandla is easily accessible. In fact, this makes it easier to reach the commercial hubs at Chandanagar and Lingampally.
The Nallagandla area has wide roads, an ecologically-friendly environment and is covered in swatches of greenery. There is buzz that there will be further infrastructure development with plans for several growth corridors along the Outer Ring Road. This also makes it a preferred choice for IT executives as well as their families.
Besides, there are ample entertainment avenues around, including restaurants, pubs and movie theatres.
Today, Nallagandla is an investment hotspot and the demand will grow even further in the coming years. With Gachibowli and surrounding areas expected to witness the IT boom, the demand for residential projects will rise. A large number of global companies already have their headquarters not too far from here and there is a slew of giants that have plans to set shop here in the future. This will impact the demand for more homes, with more people moving into Hyderabad for job opportunities.
According to real estate professionals, Nallagandla has witnessed a staggering rise of 15% in the property prices in the last few years, owing to growing demand of residences as well as the great potential of return on investment.
There’s really no reason to hold back if you are planning to invest in a property in Nallagandla. As it is said, you have to be in the right place at the right time! So what are you waiting for?