Introduction
Hyderabad’s real estate sector consolidation has made Kondapur one of the most prominent residential markets. Located between Gachibowli and HITEC City, Kondapur is a sought-after area among investors, known for its strategic location, excellent connectivity, and good returns. Here are some reasons for you to invest in Kondapur!
With the entry of the Hyderabad Metro and the IT sector expanding its reach to remote areas, investors are actively focusing on the Hyderabad real estate market.
While many areas are on buyers’ radar, Kondapur offers a bunch of benefits. Emerging as a strong match for many. The area is one of the fastest-growing areas in Hyderabad, with property values increasing by 80 percent in the last five years. Here is a detailed list of localities and reasons to invest in Kondapur.
Kondapur Real Estate: Sound Connectivity
Real estate flourishes in the bustling city of Kondapur in Hyderabad. Has excellent connectivity to key areas of Hyderabad.
- Kondapur is well connected to the Old Mumbai Highway, the Gachibowli-Miyapur Road, and HITEC City Road. It provides access to major employment centers and recreational areas.
- Nehru Outer Ring Road is less than 4 km away, so there is no travel to congested areas of the city. Kondapur is connected to the Gachibowli-Miyapur road.
- It is about a 40-minute drive from Kondapur to Rajiv Gandhi International Airport
- Hafizpet Railway Station is about 3 km via Gachibowli-Miyapur Road and Seshadri Marg.
Top Reasons to Invest in Kondapur
Kondapur has a strong social infrastructure with educational institutions, healthcare facilities, and entertainment options within 5-7 km. The presence of social amenities provides a well-rounded living experience for its residents. The major social amenities in the area are given in the table below:
| Schools | Recreational zones | Hospitals |
| Maharishi Vidya Mandir | NSL Centrum Mall | Apollo Spectra |
| Sanskriti School | Sarath City Capital Mall | AIG Hospital |
| Jain Heritage School | Atrium Mall | KIMS Hospital |
Kondapur also has many famous tourist spots, including Shilparamam, Sri Kotla Vijayabhaskara, and Reddy Botanical Garden. India’s first accredited Pala Pitta Cycling Park is also located in Kondapur.
Employment Hubs Nearby Kondapur
Kondapur has become home to several multinational companies including Tech Mahindra, Accenture, Google, and Oracle. HITEC City, Madapur, and Gachibowli employment hubs are also within 6 km, making real estate booming in Kondapur. This geographical advantage leads to higher rental demand in the local area.
Units configured as 3 BHKs are most popular among investors, as many tenants prefer such arrangements. 3 BHK units in Kondapur cost Rs. 60,000–70,000 per month for rent. After this, 2 BHK apartments with monthly rents of around Rs. 35,000 will be attracted.
Conclusion
Kondapur is a popular residential real estate market in Hyderabad with a strategic location, excellent connectivity, and good returns. It has a strong social infrastructure with educational institutions, healthcare facilities, and entertainment options. Kondapur offers a fine living experience to its residents and is a good investment destination for real estate buyers. For more information, visit Openplot.