Hyderabad is one of the most sought-after locations to settle down in India for many reasons. The historic city boasts a high number of corporate headquarters and Special Economic Zones (SEZs). There is a steady demand for properties in Hyderabad due to its overall quality of living, pleasant weather, low crime rate, low pollution level and the growing job market, thanks to the booming IT industry. The cost of living is one of the primary reasons why IT professionals are choosing to live in Hyderabad. With infrastructural developments including the Metro Rail and flyover projects, Hyderabad assures high quality living for both its residents. There are numerous locations in Hyderabad with good connectivity to IT hubs where you can find affordable homes.
Nallagandla is predominantly known for its affordable residential properties. The area has grown into prominence as the IT/ITeS industry established its operations in western Hyderabad and the need for housing of its workforce became a critical need. Its strategic proximity to the IT and Finance hubs makes it very desirable to executives and their families alike. The projects in the area offer modern amenities and competitive housing rates. There are numerous gated community apartment and villa projects in this area.
Nallagandla is located between the Outer Ring Road and Old Mumbai Road, which make it accessible to major areas of Hyderabad, such as Banjara Hills, Gachibowli, BHEL and HITEC City. Nallagandla also benefits from the social and civic infrastructure in Lingampally and BHEL Township.
Kompally is one of the most affordable residential hubs in Hyderabad. It is also one of the fastest growing suburbs in the city. The rising popularity of Kompally is due to its affordable housing market and seamless connectivity to IT hubs including HITEC City and Gachibowli. The availability of affordable homes at Kompally is spurring strong interest in the locality with residents from all over Hyderabad expressing interest and actively investing in residential properties. The competitive prices of residential projects in this locality make it a desirable option for young families.
The quality of Kompally’s connectivity to the other parts of Hyderabad is undeniable. Although Kompally is approximately 25 kilometers from HITEC City, Gachibowli and Financial District, the distance can be comfortably covered in under an hour because of the Outer Ring Road (ORR). The affordable residential projects in Kompally are easily accessible via the National Highway-7 (NH7) which is in close proximity to the locality. This gives residents of Kompally the advantage of being able to quickly move around the city without facing traffic congestion.
The suburban area of Chandanagar is steadily developing as an attractive location for gated communities and residential projects. Its close proximity to IT hubs in HITEC City and Gachibowli combined with its affordable housing market make Chandanagar a prime residential hub. The area has become a prime destination for IT professionals seeking a home in Hyderabad.
Chandanagar is well connected to both the Old Mumbai Highway and the new Mumbai Highway. Its location advantage makes Chandanagar’s commercial real estate outlook more favorable for companies to establish their corporate headquarters. Although located in close proximity to the IT hubs, the residential projects in Chandanagar are set amidst pristine surroundings, picturesque rock formations and natural lakes.
Manikonda’s picturesque landscapes have always been popular spots for residential projects. Located between Outer Ring Road and Telecom Nagar, the location has also recently evolved into a residential and commercial hub for IT professionals. Manikonda’s popularity rose due to the steady stream of IT companies that have set up their offices in the vicinity. Professionals working in Gachibowli and HITEC City are choosing to live in Manikonda for its connectivity and affordable rates. In addition to gated community apartment projects, you can also find multiplexes, shopping malls, hospitals, schools and several IT companies in the area.