In last five years, the NRI population in Hyderabad has increased dramatically. There are innumerable reasons for them to seek their investment options over this period of time. And one of the right option is to invest in luxury apartments in Kukatpally. The main motivation behind investing in luxury apartments in Kukatpally is good connectivity with rest of the city and nearby locations.
NRI’s – Non Resident Indians often look for a safe, profitable and lucrative investment in India. There are many options available for the NRI’s to invest in India.
Kukatpally is a suburb situated in the Ranga Reddy district of Hyderabad. It is one of the fastest developing areas in Hyderabad. The main reason behind the development of this area is its proximity to IT hubs like Gachibowli, Madhapur and Kondapur. The connectivity to these locations is very easy as Kukatpally has excellent connectivity through roads and railways. Kukatpally houses some of the best educational institutions and hospitals in Hyderabad, thus making it a preferred location for real estate investors. Apartments are also witnessing high demand due to low maintenance cost as compared to other housing options like bungalows and villas. With a growing economy, job opportunities in Hyderabad have increased, thus making it an important city for NRIs to consider investing in real estate.
There are many NRIs who prefer to invest in Luxury Apartments in Kukatpally. This is because they want to earn a higher return on their investment and also because of the appreciation that is likely to take place in this real estate segment. Described below are some of the reasons for this preference:
Kukatpally has well-connected roads and elevated express ways that allow you to travel quickly from one place to another, devoid of traffic jams and other inconveniences.
The Kukatpally BRTS project was started in 2007 and has turned out to be a success, with many intercity state transport buses passing through this area. It is the first of its kind in the country, where a separate lane is allotted for public transport vehicles.
If you are planning to buy apartments in Kukatpally, that can be a wise choice because of the good connectivity to NH9 that links Hyderabad with Mumbai. Located in the Corridor One of Hyderabad Metro Rail, it covers nearly 12 Km Miyapur-SR Nagar stretch.
Hyderabad has been growing since its urbanization in the 90s. The coming up of major IT companies and the influx of professionals from across the country gave it a special place in the house-rental market.
A 10-km proximity to the IT corridor has given the rental market a boost. The average rental income stands at around Rs 20,000 for a 1,300 sq. ft. house.
The increasing population of highly educated and motivated professionals has brought like-minded people to Kukatpally, thereby contributing to its real estate prices.
Over the years, Kukatpally has gone through various stages of development. The coming up of Kukatpally Housing Board Colony, Asia’s largest housing board, along with housing options from various developers like Vertex Homes etc., has increased the demand for luxury apartments among buyers especially NRIs.
Vertex Pristine – Celebrate the true sense of leisure!
Spread across 3.9 acres, the premium gated community of Vertex Pristine, a GHMC approved project has on offer 309, vastu-compliant contemporary 2 and 3 BHK apartments spread over 5 blocks in Hyder Nagar, Kukatpally. Aiming to offer perfect balance between work, life and play, the project features an array of top-of-the-line amenities which includes a state-if-the-art gym, multi-purpose hall, roof top pool and an exclusive kids pool, crèche, library, yoga hall, children’s play area and guest rooms to name a few.
Thoughtfully designed and landscaped open spaces and expansive central park promises its residents an innovative living experience to accommodate active lifestyles and family friendly living.
Voted twice as the best city to live in, Hyderabad offers its residents a peaceful and well-balanced lifestyle. The growing IT revolution in the city is a major factor that draws large number of people, and Kukatpally is amongst the top-most suburbs. In the coming years owning apartments in Kukatpally could be the best realty choice you make. To know more details about the investment opportunities in Vertex Pristine, 2 or 3 BHK luxury gated community apartments in Kuktapally log onto https://vertexhomes.com/vertex-projects/vertex-pristine