Gachibowli emerges as top realty destination

by | May 2, 2016 | Real Estate Services

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Gachibowli in Hyderabad has emerged as a prime residential hotspot, particularly due to the rapid progress of IT markets here and its position as a major IT hub of the city. The prominent suburb has witnessed an upswing in recent times and there are several residential projects in Gachibowli Hyderabad that you can take a look at. Gachibowli offers great connectivity to the International Airport in Hyderabad along with top class infrastructure. The rapidly growing IT hub in this part of town has only added to the allure of the locality.

Gachibowli is witnessing a proliferation of gated community projects which are offering really competitive prices and premium amenities. The infrastructural growth here is probably the best in the entire city of Hyderabad. In fact, Pacifica has acquired a 40 acre land parcel in the Financial District for building the biggest gated community venture in Hyderabad in recent years. Pacifica has also come up with the Hillcrest near this project site. These are only a few of the big ticket projects soon to be developed in Gachibowli.

The state government has emphasized hugely on the IT sector here and the comparative affordability of prices here in comparison to many other metros are key factors influencing home buying decisions here. The solid infrastructure in this corridor and the presence of Hyderabad’s biggest IT companies are big plus points as well. Gachibowli offers great connectivity to important destinations in Hyderabad and social infrastructure and amenities are also being built along this stretch. Since Madhapur has already reached saturation point, buyers and investors are now making a beeline for Gachibowli. There are several big ticket projects slated to be developed in this stretch in the near future.

With better public transportation facilities and social infrastructure, Gachibowli will be the next big growth destination in Hyderabad according to market experts. Gachibowli is home to several star hotels and leading companies like Amazon, Microsoft, TCS, Capgemini, Honeywell, Infosys, Deloitte and Accenture are located in this area to name a few. The area is dotted with several reputed educational institutions and leading hospitals as well. The Pullela Gopichand Badminton Academy is present here along with a stadium. The DLF Cyber City I and II are major business hubs in this locality. IT professionals comprise a big chunk of buyers in this area and this is because of the easier access to their workplaces that Gachibowli enables.

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