Properties in Kompally have become an attractive option in recent years. Kompally is a developing residential hub in the north of Hyderabad and one of the greenest suburbs in the city. Before the residential boom and demand for affordable properties in Kompally, it was a small village outside Hyderabad lined with grape vineyards and farm villas. Over the past few years, the area has transformed from an unnoticed suburb to a major destination with the best social infrastructure.
Properties in Kompally are an excellent investment option if you want to take part in the long-term growth of this locality. The affordability of the area makes it an attractive option for both home buyers and property investors. Here are some things to keep in mind before buying properties in Kompally.
Tremendous Growth Potential
Kompally has witnessed tremendous growth in property development and investment over the past few years. Vineyards in Kompally have been converted into thriving residential layouts and gated communities. Combined with continuously improving social infrastructure, this makes Kompally the best place to live and invest for the future.
Developing Social Infrastructure
Kompally is a peaceful residential area that provides basic needs such as grocery shops, hotel, hospitals, banks, and super-markets. The locality is situated close to schools and engineering colleges as well as shopping and entertainment centres. Kompally has many reputed educational institutions, which makes it an attractive suburb for families. There are also many hospitals near Kompally. Several companies are setting up their offices and outlets in this locality, thus attracting people from other parts of the city to work, live and invest in properties in Kompally.
Value For Money
Kompally properties are gaining popularity due to their cost-effective property prices and improved infrastructure development. The competitive prices of properties in this locality also make it a viable proposition for property investors who are seeking rental income. Since the area is still growing and land is available, properties in Kompally are designed with an average built-up area of 1250 sft or above, making Kompally one of the most favourable destinations for affordable premium properties.
Properties in Kompally have easy accessibility to Gachibowli, HITEC City, Kukatpally and other nearby areas via the Outer Ring Road (ORR). Located on National Highway 7 and in close proximity to the ORR, the Kompally suburb is connected to all parts of the city. Kompally’s connectivity to the ORR via the second phase improves networking to Gachibowli and Rajiv Gandhi International Airport at Shamshabad. If you are planning to purchase a property in an area with seamless connectivity to IT hubs such as HITEC City and Gachibowli, Kompally should definitely be on your list.