Gachibowli, once a small sleepy village in Rangareddy
district, has transformed into a main IT and real estate hub, thanks to the IT
revolution of the early 2000s. It is situated in the northwestern part of
Hyderabad, and is located at a distance of about 5 km from another significant
IT Hub, HITEC City. It is considered one of the major home towns for much
Software and IT companies.
This region has close proximity to express highways, metro
station and the Outer Ring Road. It is rising as the commercial hub, and
therefore Gachibowli real estate prices have shot up in the recent past with
the growing demand for residential properties in the nearby places. Apart from
being very close to major IT Parks, having good connectivity and proper
transport services has been an added advantage for property developers to increase
their residential apartments in Gachibowli and its surrounding places.
Gachibowli is also a good and secure area for residential purpose.
Because of the big MNC's, real estate market is rising here rapidly. There are
many options available like villas, apartments in gated communities or single
family homes in non-gated communities. These villas and apartment nowadays
offer world class amenities like Gym, Spa, parlors, Swimming pool, Restaurant, jogging
track, tennis and basketball courts, 24 hrs Water etc. The starting price of 4
BHK
villas in Gachibowli is around
Rs. 2.25 crores approximately, reaching up to Rs. 5 crores depending on the
amenities and other services provided by the builders.
Gachibowli is well-connected to the Rajiv Gandhi
International Airport by the Nehru Outer Ring Road. There are many options available for
commuters like MMTS train, public buses, private cabs, auto rickshaws etc. Thus, Gachibowli is growing at a fast pace
with many upcoming residential and commercial infrastructures.
