HomeLifestyleThe Booming Real Estate Market in Kondapur, Hyderabad

The Booming Real Estate Market in Kondapur, Hyderabad

Kondapur in Hyderabad:

Kondapur is a part of the Ranga Reddy District of Hyderabad, India This place, once was a barrel land, and is now flourishing with tremendous apartments, housing projects, and independent houses. This is predominantly to house the young software professionals who settle in Kondapur, as it is in close proximity to Hi-Tech city and Gachibowli (the IT hubs of Hyderabad city).

Some of the older zones of Hyderabad such as Secunderabad, Nampally, Banjara Hills are already flourishing considerably with real estate buildings, apartments, independent villas, etc. Now it is time for the surrounding zones of Gachibowli, Kukatpally, Chandanagar, Kondapur, Pragathi Nagar, etc., to start flourishing with real estate settlements, such as apartments, villas, independent houses, etc.

Real Estate in Kondapur:

At present more than ten developers have their projects under construction in Kondapur. Some of the developers who have their projects in Kondapur include SMR holdings, Alekhya Homes, Aparna real estate groups, Sri Sreenivasa builders, etc.

Kondapur properties can be vailed as villas, plots, apartments, etc., and the size of these properties ranges from 712 to about 10,330 square feet in Space. Kondapur has witnessed a tremendous increase in real estate by at least 70% in the past five years. I remember the time when my Sister-in-law went to Hyderabad for the first time in the year 2014. Her husband had a job transfer from CTS in Chennai to CTS in Hyderabad in that year and she relocated with her family to the city.

Since she had a small child who was less than a year old, we also accompanied her to settle her family in Kondapur. Her husband found a flat for rent in Kondapur, India as it was close to his office in Gachibowli. You will be surprised by the rent they paid at that time for their 2bhk apartment.

It was a spacious two-bedroom flat that will have a buildup area of at least 1200 square feet, and the rent they paid was a mere Rs.7 k per month plus maintenance costs. I was really shocked by such a small quantum of rent for such a big house. I was indeed comparing the same with my area back in Chennai. The same house will be available for a rent of at least Rs. 15K for sure.

Also, there were very few houses in the area and I would rather say it was a developing locality. Last month, she delivered another boy baby and we went to stay with her for a few weeks to aid her recovery. I was indeed shocked by the real estate development the place has undergone.

Before five years, the houses and apartments in Kondapur, India were sparse, hardly four to five houses in one street. But now, there are no barrel spaces and everywhere there are low rise apartments in Kondapur. The rent has also surged up to Rs. 14,000 per month with additional maintenance costs.

They have also planned for buying their own flats, as rents have increased to many folds in Kondapur. Her husband was searching for flats for sale in Pragathi Nagar, Gachibowli, Kondapur, Chandanagar, etc. through housing.com.

I was hearing this website housing.com for the first time, but he says the website is extremely useful in finding properties for rent and for buying houses and flats in almost every single district of the country. The website has some of the best properties listed and there is absolutely no commission or brokerage involved while buying a project, through them.

Reasons for flourishing real estate in Kondapur:

Kondapur and its surrounding zones are accessible easily from major areas in Hyderabad such as Koti, Secunderabad, Gachibowli, and Patancheru through TSRTC buses and local train links. The upcoming metro rail network can easily connect Kondapur with HiTech city and Hafeezpet. Also, the Rajiv Gandhi international airport, located at Shamshabad is only 30 km from Kondapur. The airport is easy to reach from this place through the outer ring road.

Kondapur is also known for the best schools and hospitals such as the

  • Chirec public school
  • New Bloom School
  • Richmond School
  • Sarojini Naidu school of arts and communication
  • Rainbow hospitals for kids
  • KIMS hospital
  • Manikanta hospital
  • Aakruthi Dental hospital etc.

Shilparaman, which is a cultural center in Hyderabad is also in close proximity to Kondapur, India. It is pretty simple to book for properties and to look for apartments or flats for rent or for buying through housing.com.

This is an online real estate website and advisor that functions with the intention of helping people find their dream property in reality. The website functions predominantly on the fundamentals of trust, expertise, and transparency. Housing.com is a digital marketplace that features an exhaustive range of property listings to choose from. The website guides home buyers at every single step of their property search, starting from location-based search till the end of buying the property.

There are thousands of properties that are been listed at housing.com at every single district of India, with accurate specifications on its neighborhoods, amenities, and facilities along with real and genuine pictures. Some of the property types that are listed at housing.com are,

  • Row houses
  • Independent houses
  • Independent villas
  • Apartments – both for rent and for buying
  • 1RK to 3+ BHK houses and apartments
  • Under construction projects

There are about 22 properties with 1RK space capacity, 490+ projects with 1 BHK space capacity and about 500+ projects on 2BHK -3BHK space capacity at housing.com. Apart from guiding the visitors in their property and home search, housing.com also assists buyers with home loans and property registrations.

It is true that buying a home is an important investment. It is important to make it safe and easy with the help of property websites such as housing.com. In Hyderabad alone, the website lists properties from Pragathi Nagar, Kukatpally, Mayuri Nagar, Miyapur, Nizampet, Kondapur, etc.

The best part of looking for a property through housing.com is that there is absolutely no middle man involvement. There is no brokerage cost involved and the entire transaction is transparent and legal.

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