Kompally, the residential suburb is strategically situated in the prime area near most coveted NH-7. It is blessed with natural lush greenery and landscapes, residents from all over Hyderabad look towards Kompally and this interest has led to attract both the leading developers and prospective buyers. The Telangana government is planning infrastructure development across the Information Technology Investment Region (ITIR). The residential realty of which will house maximum share of real estate development will be anticipated in 20-21. Kompally has strategically located and it is surrounded by IT and industrial corridor, and has the best connectivity to commercial districts, Kompally is the most sought after location for homebuyers.
Kompally has geographical advantage over other areas, as it is situated very near to Outer Ring Road (ORR), just 30 minutes away from prominent commercial districts of the ITIR of Hyderabad. There is constant demand from IT employees of Gachibowli and HITEC City. Entry-level IT and business professionals, who are on the lookout for rental income, find Kompally destination for its cost-effective rental income. The residential area offers 2 BHK flats with a rent between Rs 8,000 and Rs 15,000 per month. The ORR enhances connectivity from Kompally to major commercial districts like Manikonda, Gachibowli and HITEC City. The ORR, which surrounds Hyderabad, is the best alternative to the congested Kukatpally Housing Board Road. With low traffic to office sectors, residential rentals are in a greater demand from the workforce of the IT corridor. The uncertain job market like current one, renting an apartment is much preferred over purchasing a house, which was old trend. The ORR also connects Kompally to prominent areas of Secunderabad. A mere 14 km away, property buyers from this district showing a great inclination towards Kompally.
Location and connectivity
Kompally is located in the Quthbullapur Mandal of the Ranga Reddy district of Telangana, on National Highway 7, which connects Nagpur and Secunderabad. The Outer Ring Road connects it to the international airport as well as Gachibowli (ORR). Bolarum and Gundlapochampalli, both around 5 kilometers away, are the nearest railway stations. Despite the fact that IT hubs and residential areas such as Hitec City and Kukatpally are roughly 28 kilometers apart and Secunderabad is 15 kilometers away, thanks to the ORR, Kompally is only a 40-45 minute journey away.
Kompally, once a little village noted for its wealth of vineyards and farmhouses, is one such neighborhood that has seen a rapid rate of growth as real estate developers quickly snapped up enormous tracts of property priced relatively affordably. It has become a real estate hotspot due to a number of characteristics, including its central position, significant capital growth potential, and wide choice of housing options.
Kompally grew quickly as a result of the influx of finance and IT industries to the surrounding districts. While basic social infrastructure was already in place, it was given a boost when more organizations opened offices in the area. St Martin’s Engineering College, Unicent School, and DRS International School are just a few of the reputable educational institutions in Kompally. Balaji Hospital and Swarupa Multispecialty Hospital are two well-known hospitals in the area.
Kompally is particularly desirable because of its vegetation, in addition to the availability of good housing options, ranging from vast homes in gated communities to cosy flats. Prices in Kompally now range from Rs 2,778 per square foot to Rs 5,763 per square foot.
Kompally, now a residential suburb, is conveniently located near the highly sought-after NH-7. Residents from all around Hyderabad flock to Kompally because of its natural lush flora and sceneries, and this attraction has attracted both renowned developers and prospective buyers. Telangana’s government is developing infrastructure across the Information Technology Investment Region (ITIR). In the years 20-21, residential real estate will account for the majority of real estate development. Kompally is the most sought after area for homebuyers because of its strategic location, which is flanked by IT and industrial corridors and has the best connectivity to commercial districts. Residential real estate will account for and has accounted for the majority of real estate development in the years 20-21. Because of its strategic position, which is flanked by IT and industrial corridors and has the best connectivity to commercial districts, Kompally is the most sought after place for homeowners.
Kompally has a geographic advantage over other places because it is close to the Outer Ring Road (ORR) and is only 30 minutes away from Hyderabad’s major commercial districts. Gachibowli and HITEC City IT employees are in continual demand. Kompally is a popular choice for entry-level IT and business professionals looking for a rental income, as well low cost options.
The residential area has two-bedroom flats for rent ranging from Rs 8,000 to Rs 15,000 per month. The ORR improves connectivity between Kompally and important business centers such as Manikonda, Gachibowli, and HITEC City. The ORR, which circles Hyderabad, is the ideal option to Kukatpally Housing Board Road, which is congested. Residential rentals are in higher demand from the IT corridor’s workers due to reduced travel to office sectors. In an unpredictable work market like the current one, renting an apartment is a better option than buying a house, which was formerly the norm. The ORR also connects Kompally to important Secunderabad regions. Property purchasers from this district are demonstrating a strong preference for Kompally, which is only 14 kilometers distant.