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Realty hot spot series: This Hyderabad locality is perfect for IT workers

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Last Updated: Jun 29, 2020, 06.30 AM IST
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Summary The locality is located in the north-western part of Hyderabad and has a presence of leading information technology companies. The area is well-connected by road and rail.

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The area has excellent connectivity through Outer Ring Road, Old Mumbai Highway and Lingampally Railway Station.
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This week's Realty Hot Spot Series takes a look at Hyderabad's Gachibowli locality. Gachibowli is located in the north-western part of Hyderabad. The area has presence of leading information technology companies and is well-connected by road and rail. Reowned educational institutions such as ISB, University of Hyderabad and IIIT are also located in the area.

The price range of properties here is Rs 3,900-8,500 per square feet. The average price of a 2-BHK, 3-BHK and 4-BHK is Rs 65 lakh, Rs 1.06 crore and 2.20 crore, respectively.

Locality snapshot
  • Emerged as a notable IT suburb in north-west Hyderabad boasting presence of leading IT companies
  • Hosts renowned educational institutions such as ISB, University of Hyderabad and IIIT
  • Prominent malls in this area are Gachibowli Central, Inorbit Mall and South India Shopping Mall
  • Reputed healthcare facilities include Continental Hospital, Srija Hospital, Himagiri Hospital and MaxCure
  • Excellent connectivity through Outer Ring Road, Old Mumbai Highway and Lingampally Railway Station

Gachibowli

  • Airport: 34 km
  • Railway station: 17 km
  • NH-65: 9 km

Gachibowli-locality


Supply by BHK
Supply-by-BHK


Consumer preference by budget segment (Rs)
Budget-preference


Consumer preference by covered area (sq ft)
covered-area

  • Schools 10+
  • Hospitals 5+
  • Restaurants 15+
  • Banks 10+
  • Grocery Stores 20+
  • Petrol Pumps 8+

Source: Magicbricks
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)

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