Hyderabad has experienced a significant rise in various areas in recent years, the most notable of which being IT and property investment. With the entry of IT titans into the city of pearls, more and more work opportunities arose, attracting individuals from all over the world in search of solid and secure employment. As a result, there was an increase in demand for both residential and commercial real estate. Individuals need housing, while companies require office space.
As the city grew unhindered, several regions that were earlier considered the periphery of Hyderabad reaped significant benefits. Kollur, on the Nehru Outer Ring Road, is one such place. Residential houses are in the growing market in Kollur, followed by plots and flats. The majority of the new developments are townships or housing complexes, which include amenities such as internal roads, sewage lines, parking spaces, and surveillance. Plot dimensions ranging from 100 to 250 square yards are priced between Rs 8,500 and Rs 9,500 per square yard. Terminal users, customers, and investors are flocking from locations like Gachibowli and Hitech City. And you might wonder why is such a shift of population being witnessed first off? To answer this query, we have curated a list of potential reasons as to why the region of Kollur is surfacing as the most sought-for option for real estate investment amongst investors and customers.
In the upcoming sections of the article, we will be exploring the growth prospects and potentials of real estate properties in Kollur.
Kollur’s changing scenario over the years-
Like any other village or panchayat, Kollur had very nothing going on. However, as Hyderabad grew, so did the growth in the sleepy town of Kollur. Its closeness and connectedness to Gachibowli, HITEC City, and other already-transformed areas functioned as a big-time game-changer. With the speed of growth increasing and a bright future in sight, now is the ideal moment to make some Kollur financial decisions. Prices aren’t quite as high as they are in Gachibowli or HITEC City now, but they will undoubtedly arise in the foreseeable. Hit while the iron is hot, as they say. And right now, Kollur is the epicenter of explosive growth and an appealing option. The production of commercial residences is increasing as the 640 Acres IT Hub nears completion in Kollur.
With builders exhibiting a significant interest in locating in Kollur, banks, schools, retail malls, hospitals, pharmacists, and other businesses are quickly going to follow suit. Concurrently, road extensions are being carried out to increase connection to Kollur and alleviate traffic issues in and around the town.
Ease of accessibility-
Flats in Kollur are located adjacent to the lovely Osman Sagar lake and the ORR, providing you with a property that is perfectly linked to all of your requirements and goals that you might want near your place of accommodation. Kollur is a prime location and it has all the components to make it an excellent home for loved ones of all ages, from convenient access to the city’s core within 30 minutes to a multitude of schools, universities, healthcare institutions, and more in the region, thereby making it one of the best choices for real investment. Because of the ORR’s rising connectedness, Kollur has risen to the top of the favored list for potential purchasers. “Kollur is located on the ORR, which links it to Gachibowli, Hitec City, the Financial District, and the airport.” This connects it to two critical growth corridors in the city, which bodes well for its future expansion,” says Reddy. The plots accessible here have been authorized by the Hyderabad Metropolitan Development Authority (HMDA), which means they will have improved infrastructure in the future. “HMDA certified plots are secure since they have good titles and bank financing are easy to come by,” says Sandip Patnaik, managing director of Jones Lang LaSalle in Hyderabad.
Amazing real estate developments around the area-
It’s no mystery that Kollur is currently working on several ventures. The main reason for this is the huge potential for habitation that this location offers from every viewpoint. Engaging in them now, before the next great boom arrives, is the best way to really go. With costs remaining at the affordable level, researching the neighborhood and choosing the appropriate dream house for you might be beneficial in the long term.
The abundance of nature in the surroundings-
In these prime times of pollution and regularly deteriorating conditions of the environment, every other individual is looking forward to making an investment in an area that is surrounded and is in the lap of nature. Not precisely is the scene with Kollur, but comparatively enough and considerably enough the availability of nature and stuff are high. The extensive natural landscapes surrounding Osman Sagar Lake are a great treat for any family who enjoys living in nature’s bosom. Investing in Kollur gated community apartments can allow you to enjoy the natural tranquillity of the area while also improving your health and quality of life.
Amazing growing prospects of Kollur-
Kollur, alongside Kondapur, Kokapet, and many other nearby towns, has been identified as a hotspot for growth during the next few years. Making investments in the numerous flats in Kollur, Hyderabad, using this understanding might be a major financial improvement option. It is only deemed wise to make a choice and invest in real estate properties accessible in Kollur about the immense growth potential that is obviously quite difficult to ignore and subside over time.