Property in Kukatpally
Kukatpally, a major residential and commercial suburb is located on the north western border of Hyderabad city. It is a part of the Municipal Corporation and is connected with HITEC City by a new, 4-kilometre long road. One of the biggest colonies in India, the Housing Board Colony developed by the Andhra Pradesh Housing Board is also located in Kukatpally. Offices of several corporate and technology giants such as Oracle, CIGNITI Software Services Pvt Ltd, Microsoft, Deloitte, GE Capital, Google and Dell are easily accessible from Kukatpally. The suburbs of Ameerpet, Pragathi Nagar, Allwyn Colony, Hafeezpet, Nizampet, Miyapur, Izzatnagar, Kondapur and Bowrampet are also located within close proximity of this area.
Kukatpally is well-connected to all major landmarks of Hyderabad and is about 7.4 kilometres from NH9. International airport is the nearest airport situated 13.6 kilometres from Kukatpally via NH9. HITEC City Railway Station is at a driving distance of 5.3 kilometres while the upcoming Metro Railway Station is just 3.9 kilometres through the Vijayawada highway. NH9 and Highway are major connectivity boosters in the Kukatpally region providing easy accessibility to major locations in and around Hyderabad. This locality enjoys smooth rail and bus connectivity through the Multi-Modal Transport System (MMTS) and Andhra Pradesh State Road Transport Corporation (APSRTC). The metro station is located close to KPHB colony and connects to Hyderabad and Secunderabad. Nearest railway stations offering MMTS service are Borabanda, HITEC City and Bharat Nagar while the railway stations at Secunderabad, Begumpet and Nampally operate long distance trains. Metro Rail (HMR) and Municipal Corporation (GHMC) officials have planned to widen Erragadda-JNTU, Kukatpally stretch to about 200 feet. Once it is widened, this road will become the widest road in the city. To ease congestion on the busy Kukatpally-Madhapur road, the Kukatpally rail over bridge has been constructed. The bridge starts from KPHB Phase IV, Kukatpally to Cyber Towers and lands near HITEC City Railway Station on spinal road. It also provides easy connectivity between old and new Bombay highways.
Schools and Hospitals
Kukatpally is a major educational hub with several reputed institutions including the Jawaharlal Nehru Technological University. Well-known schools in the area include NRI Junior College, Olympus IIT Academy and Pratibha Vidyaniketan High School. Hospitals like Advanced Endocrine & Diabetes Hospital, KPHB Multi Speciality Hospital, Preeti Urology & Kidney Hospital and Nucleus Homeopathy provide quality healthcare facilities in the area. Malls like NSL Centrum Mall and South India Shopping Mall cater to the shopping requirements of residents in Kukatpally.
Real Estate in Kukatpally
Housing Board Colony, Diamond Hill Colony, Venkat Colony and Saptagiri Colony are some of the residential colonies in Kukatpally. Apart from affordability, the most important factor that makes Kukatpally a popular residential destination is its accessibility to IT hubs such as HITEC City and Gachibowli. To cater to the rising demand of residential spaces, leading residential property builders have launched luxurious residential properties in Kukatpally. These include Mahindra Lifespaces Ashvita, , Group Megapolis, Lodha Bell Gardens and PNR Group High Nest. Average price of an apartment in Kukatpally is Rs 3,483 per sq. ft. Around 37 projects are currently under construction and 7 are expected to get possession in 2014. Unit size of apartments here ranges from 775 sq. ft. to 2,259 sq. ft. Investing in property in Kukatpally would be a wise decision as this area holds a lot of potential and would command higher price appreciation in future.
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