Madhapur-Hyderabadâ€™s HITECH Realty
By Thomas Andrew
Madhapur, the most famous locality of Hyderabad, houses the HITECH city- “Hyderabad Information Technology Engineering Consultancy City”. It is situated in the Rangareddy district of west Hyderabad. Madhapur has completely changed from being a small rocky township to a well-known IT and BPO hub now.
It is also houses conference hubs of international standards.
Madhapur is well-connected to many major parts of the city.
It is very close to the Durgam Cheruvu or Durgam Lake and is spread across 151 acres of land
Its major acreage makes it convenient to connect to surrounding areas like:
Kondapur Gachibowli Nanakramguda
Manikonda Borabanda Hitech City
Kukatpally Hafizpet Panjagutta Gachibowli Manikonda Banjara Hills Ameerpet Tulasi Nagar
Jubilee Hills Kothaguda
Modes of transport here include APSRTC buses that go from Madhapur to other major localities.
The nearest MMTS train service is at the Hitech City station, which is just about a kilometer away. Other than this, there are also many autos and shuttle buses that connect Madhapur with the rest of the city.
In all, the presence of the IT hub, excellent connectivity facilities and the prime location have given rise to many residential apartments in Madhapur
Investors are Thinking Big:
All the above being said, Madhapur is well equipped with other major facilities such as schools, colleges and other entertainment avenues too.
These include the DVR PG Institute of Computer Applications, Apollo College of Nursing, Orchids- The International School, Hansel School, National Institute of Fashion Technology (NIFT), Aryan Junior College and International Institute of Information Technology.
Apart from these, there are the following: Shilparamam Auditorium – Arts and Crafts Centre Fortune Towers Cyber Pearl Image Hospital Inorbit Mall Peddama Temple HITEX Convention Center Botanical Garden
Hotel Lemon Tree
With all this in place, realtors have started exploring the real estate here, leading to an increase in the sale of flats in Madhapur.
Also, the plots in Madhapur are being rapidly developed into commercial establishments owing to the profits and high capital income.
Many developers of repute have constructed their properties in this locality.
Some of them include, Lemon Tree Apartments, Jaihind Enclave, Gowri Tulips,
Sri Venkateshwara Real Estate, Manjeera Group, Ramky Estates and Suma Elite Apartments.
The residential flats for sale in Madhapur are found to be in the range of Rs 4,251 to Rs 6,000 per sq ft.
The starting price of a 1BHK in Madhapur will be around Rs 17 lakhs.
Affordable prices, top class amenities and good transport have led to the steady increase in demand in the residential values of this locality and it is expected to remain the same in the near future.
Published on Oct 16, 2013
Published on Oct 16, 2013
Madhapur, the most famous locality of Hyderabad, houses the HITECH city- “Hyderabad Information Technology Engineering Consultancy City”.