Kukatpally is a well- established residential locality which is well connected to the rest of the city. Not only immense number of job opportunities has been created, this area has also boosted the real estate industry. One major factor that Kukatpally has become a favorite destination for many consumers is its proximity to Gachibowli and Hitech City. Both these IT hubs are located within a distance of 10kms from Kukatpally and this shorter commute to work is one main reason that has attracted several professionals from the IT industry to invest in this area, thus increasing the demand of the properties in this area.
Growth and Development
Kukatpally is well connected with all major localities via its extensive road network. The construction as well as development of the KPHB- Kukatpally Housing Board colony has added to a major contribution factor to its growth and this is why there was a huge surge of buyers trying to get homes in this colony. Because of this overall development of the Kukatpally infrastructure, the demand of other nearby residential colony has also increased. Read more at https://propstory.com/home/hyderabad-real-estate/
The development of the commercial market has also led to the development of this area with an increase in the number of malls, showrooms as well as shopping Centre’s which in turn led to an influx of property/home buyers to purchase houses in this area as all the amenities they want was easily available.
- Over the years, Kukatpally has gone through various stages of development such as the development of Kukatpally Housing Board Colony.
- There has also been a rise in demand of quality homes in the real estate market with several big builders like Lodha and Incor planning luxury townships in this area.
- The growth of the software industry during the 90s has bought many