Gachibowli, located on the northwestern outskirts of Hyderabad, is a popular IT suburb that is part of the Mandal of the Ranga Reddy district. It is about 5 kilometers from HITEC City, another IT hub. Gachibowli is home to many tech companies as well as residential units. It covers a large area and is dotted with rocky outcroppings and hillocks all around. Gachibowli is a popular location for businesses looking to establish a presence in the city.
Gachibowli also has excellent sports facilities, including the Ganti Mohana Chandra Balayogi Athletic Stadium and an Aquatic Complex, among others. Central Mall is located in Gachibowli, while Inorbit Mall Cyberabad is only 20 minutes away. Some of the notable schools in the area include Prerana Waldorf School, Euro School Hyderabad, and Kendriya Vidyalaya -Gachibowli. The main hospitals in this area are Himagiri Hospitals, Sunshine Hospitals, and Continental Hospitals. It is also home to prestigious educational institutions such as ISB and IIIT. Prestige, Mantri, and Jain Housing are among the prominent developers with projects in the area. Some of the prominent nearby areas include Nanakramguda, Kokapet, Financial District, Narsingi, and Manikonda. Gachibowli has emerged as a commercial centre. DLF, Regus, Spaces & More Business Center, and Redbrick are some of the most prominent office buildings in Gachibowli. TCS, Honeywell, Wipro, CTS, Deloitte, and other major MNCs have offices in nearby IT hubs like HITEC city. Gachibowli has a number of tourist attractions open all year. Golconda Fort, Ramoji Rao Film City, Hussain Sagar, Shilparamam, and Durgam Cheruvu are among them. Apart from being a commercial and residential hub, Gachibowli in Hyderabad is also a sports hub. It is home to a world-class hockey stadium as well as the GMC Athletic Stadium. In this area, you’ll also find top luxury hotel chains like Regenta One and Hyatt.
The location of a residential property is one of the most important factors to consider when shortlisting a property. The house should not only be near a developed infrastructure, but it should also have the potential to earn you a good living in the future. A house in a developed neighborhood is more valuable. Professionals working in nearby office clusters currently prefer this area. The majority of them remain as tenants in the area’s rental market.
Gachibowli is a well-known IT hub. Buyers from other parts of Hyderabad and the country have been drawn in by the development of new infrastructure projects and office leasing activity. Gachibowli’s investment hotspots have plenty of unsold residential inventory. The best part about investing here is that, despite being close to the IT zone, the properties are still affordable. As a result, anyone looking to invest can now purchase a cheaper property whose value will rise in the coming years as infrastructure projects are completed. One of the major projects is the Hyderabad Metro, which is extending Corridor-3 (Nagole-Shilparamam) of Phase-1, which will end at Hitech City. This line is expected to be extended to include Gachibowli as well. If this occurs, property prices will almost certainly rise. The upcoming Metro will improve connectivity in the region. Because it is located on National Highway 9, it has good road connectivity to other nearby towns. Making an investment now will yield a profit because property prices are still low. The overall development will only improve as Gachibowli and Miyapur become more popular in the office space market. Because they both have affordable properties in their respective markets, investing in a suitable property now makes sense.
The Old Mumbai Highway, which connects Jubilee Hills to Gachibowli Road, is being extended from 60 to 120 feet. A 650-meter-long flyover will soon be built over Toli Chowki Junction. Authorities have already proposed this flyover. Additionally, a new IT SEZ is being planned. As can be seen, there are numerous reasons for homebuyers and developers to invest in Gachibowli. It has many job opportunities and pleasant living conditions. Gachibowli is a profitable option due to rising property demand and prices. The location offers an ideal work-life balance. You are thinking correctly if you are considering investing in Gachibowli real estate.
Gachibowli is well connected to the rest of the city by major roads such as the Outer Ring Road, the Old Mumbai Highway, and the Gachibowli-Miyapur Road. The Outer Ring Road connects the area to Rajiv Gandhi International Airport, which takes about 40 minutes to reach. Lingampally Railway Station is about 20 minutes away. Phase 2 of the Hyderabad metro will include the construction of a 28-kilometer-long metro line connecting Raidurg, Gachibowli, and Shamshabad Airport. It will take only 30 to 40 minutes to get from Gachibowli to the airport. Kukatpally, Panjagutta, Mehdipatnam, Kothaguda, Banjara Hill, Madhapur, and Jubilee Hills surround it and are only 5 kilometres from HITEC City.