Bachupally is a great place to buy property in Hyderabad
While there is strong demand for flats in Gachibowli Hyderabad, there is a strong spillover of demand towards neighboring zones. Bachupally is one of the prominent locations in Hyderabad which is benefiting from the added demand amongst IT and ITeS professionals working in Gachibowli and nearby IT hubs and also from families. While there are several residential projects in Gachibowli Hyderabad, people are also choosing to live nearby in Bachupally where property rates are reasonable and social infrastructure is being developed rapidly. The proximity to the Gachibowli financial and IT hub and also HITECH City has spurred the rapid development of Bachupally as a prime residential destination.
Bachupally offers great connectivity to several areas in Hyderabad via railway and road networks. The completion of the ICBT will also improve connectivity for residents in this locality. There are decent social amenities on offer for residents as well, making this a good place to invest in. There are several shopping malls, educational institutions, hospitals and hotels nearby while state transport buses are a major connectivity lifeline for residents.
HITECH City and Gachibowli can be reached within just 30 and 35 minutes respectively. The nearest MMTS station is located at Hafeezpet and this can be accessed within only 20 minutes. The Rajiv Gandhi International Airport is located approximately 60 minutes away from Bachupally and can be accessed quite easily. The Inter City Bus Terminal (ICBT) will also boost connectivity in the future when it is completed.
Reputed educational institutions in and around the locality include the Delhi Public School, Oakridge International School, Abhyas Junior College, Gayatri Junior College and the Gokaraju Rangaraju Institute of Engineering & Technology among others. Leading hospitals like the Citizens Hospital, Relief Hospital and Apollo Hospitals are also located nearby in tandem with shopping malls such as the Forum Sujana Mall, Manjeera Mall and the NSL Centrum Mall. There are several hotels nearby including the Treebo Tara Residency, Hotel Sitara Grand and Trident Hyderabad.
Buyers mostly prefer investing in 2 and 3 BHK apartments here and apartment sizes are quite generous between 1,000 to 3,400 sq. ft. Prices are quite reasonable and upwards of Rs.2,000 per sq. ft. in Bachupally on an average (approximately) which makes it a reasonable destination to invest in. Several developers are eyeing new ventures in Bachupally as well. Bachupally promises healthy appreciation in the future backed by improvements in connectivity and social infrastructure. In fact, the entire Gachibowli-HITECH City corridor has become a hotspot for developers. Even global real estate brands like Pacifica Companies have invested in residential projects in this zone. Pacifica Companies is a $2.6 billion US conglomerate that has launched a new project at Gachibowli and has projects in other cities like Vadodara, Chennai, NCR and Hyderabad.