Property Adviser brings to you a SINGLE go-to article for all that you need to know about Nanakramguda and Kondapur. Read on, and make well-informed decisions. These will be spread in 14 episodes.
Now that you have had a close look at Nanakramguda in these episodes of Geo Connect, let us stop and do a quick recap of information pertaining to the area.
Thank you for taking a trip with us through Nanakramguda!
Hope you liked the journey through Kondapur! Now that you know more about the area, let's do a quick recap about Kondapur.
Thanks for joining us on the ride through Kondapur!
If you have enjoyed the journey and decided to settle down in Nanakramguda, here is some information to give you an idea.
Currently there are close to 6 new residential projects in Nanakramguda.
5 of them are already listed on propertyadviser.in and 1 project is hidden based on seller’s request.
According to the Property Adviser’s research, 67% of new residential projects are Ready to Move. Therefore, people looking for immediate possession can consider Nanakramguda’s readily available home options.
There are close to 3600 new homes in Nanakramguda.
As per the research, Nanakramguda is witnessing a rise in supply of both mid-size and large-size homes. It includes 2BHK having 49% of flat units and 3BHK having 48% of flat units.
If you have enjoyed the journey and decided to settle down in Kondapur, here is some information to give you an idea.
Currently there are close to 75 new residential projects in Kondapur.
35 of them are already listed on propertyadviser.in and rest are hidden based on seller’s request.
According to the Property Adviser’s research, 71% of new residential projects are Ready to Move. Therefore, people looking for immediate possession can consider Kondapur’s readily available home options.
There are close to 3100 new homes in Kondapur.
As per the research, there is a rise in supply of both mid-size and large-size homes. It includes 2BHK having 39% of flat units and 3BHK having 62% of flat units in Kondapur.
Nanakramguda is a huge commercial hub, where 75% of the area is devoted to commercial buildings.
It is the chosen area - from Star hotels and all the way to the US Embassy, top guns seem to be preferring Nanakramguda.
Though Kondapur is basically a residential area where employees of surrounding IT parks reside, it is also developed commercially. A fifth of land in Kondapur is filled with commercial complexes. From 1996 to 2000, Kondapur grew as a commercial hub too.
Sarath City Capital Mall
Being in the centre of the Financial District, Nanakramguda has 60 acres of land currently under residential development.
It is easy for a place to develop fast if it is within 20 minutes range of Hitech City and other job hubs.
Here are some builders who capitalized on the Nanakramguda opportunity and helped it develop faster than ever.
They are known for their art and science approach to building living spaces, with a focus on style, climate, environmental concerns and community interests.
Myscape Courtyard : This is a villa project
Myscape Mea : This is a gated community (apartments).
Myscape Isle Of Sky : This is ready to move.
Myscape Loft : An ongoing project.
Sumadhura has delivered 40 projects in the last two years. The philosophy that everyone should have a better life lies at the centre of their residential project endeavours.
Acropolis (old) : These are 564 2/3BHK apartments of luxury and comfort.
The Olympus (ongoing high-rise) : These are 854 units of luxury apartments across 44 floors.
Founded in 1986, Prestige is a leading player in the real estate space. They have completed numerous projects in several major cities in India.
Prestige High Fields (ongoing gated community project) : These are 2240 units of 2, 3 and 4 BHK apartments, spread over 22 acres of land.
They constitute a total of 10 high-rise towers, focused on luxury and a relaxed lifestyle, where people can walk to work, and kids can take a short commute to school
Kondapur has an area of over just 5 kilometers, and it is a highly developed residential area where numerous IT sector employees reside. Even today, there are 3000+ apartments under construction.
Thanks to its proximity to IT parks, Kondapur has a range of properties for all customer segments. This has been made possible by the various builders who developed the area over the last decade and more.
Here is an overview of major builders who played a key role in developing residential properties in Kondapur.
The concept of community connect is an important theme in the properties developed by Primark Developers, a company that has been in the game for more than ten years. They focus on design-driven apartments in premium locations.
They have constructed various stand-alone projects at Kondapur.
Primark’s Sree Prasad Abode : 2019
Primark’s Dhriti : 2018
Primark’s Srinidhi : 2018
Primark’s Suguna Residency : 2013
Prabhakar Residency : 2013
Primark Pride : 2013
Currently, Primark is taking up gated community projects.
Greenmark is an award-winning builder that focuses on class in their projects. They are into premium residential projects in Hyderabad, and keep greenery, vaastu, contemporary designs and lifestyle at the centre of their mission.
Galaxy Apartments : This is a gated community project of 2,3 BHK apartments, delivered in 2018.
Aparna builders have been around since 1996, and strive to make luxury affordable. They follow global standards of quality and are environment friendly in their practices.
Aparna Serene Park : This is their first project in Kondapur with 2 and 3 BHK apartments.
Aparna Luxor Park : This is a luxury gated community of 3 and 4 BHK apartments, currently under development.
Nanakramguda has reached a point in commercial development where the US Embassy is setting up their office in the area. 75% of land in Nanakramguda is commercial. How did it all begin?
We all know that Google picked Kondapur as its Hyderabad home. Let’s look at how Kondapur developed in terms of commercial projects.
A fourth of Nanakramguda area is dedicated to residential buildings. Close to 60 acres of land is currently under development. Let’s review what exactly led to this kind of growth.
55,000 people living in an area of 5 square kilometers. Close to 80 acres of land is under development. Currently, there are close to 6000 apartments under construction.
That’s the Kondapur success story for you! So, how did it happen?
This eventually led to the development of various residential colonies
Here in this Episode, we will let you know about the pricing trends and how the value of real estate in Nanakramguda has grown over the last 10 years.
Nanakramguda, it was formerly a modest, little rural town owned by zamindars, but today it’s a bustling neighborhood in the heart of the Financial District.The price of land in Nanakramguda has increased by 271% during the last ten years.
Nanakramguda is adjacent to Hitech City and Gachibowli, the neighboring IT centers. You'll be pleased to learn that Nanakramguda boasts a large number of skyscrapers. In the previous ten decades, the price per sq.ft has increased by 71%.
The cost of villas in Nanakramguda has increased by 127% during the last decade. It is because of its surrounding locations that it’s price has risen.
In this Episode, we’ll look at the pricing trends and how the value of real estate in Kondapur has risen over the last 10 years.
Kondapur is a well-developed region. With rising demand for space and traffic, additional amenities are on the way. In the last 10 decades the price has been raised by 200%.
The rising cost of living in this region is due to the convenient access to the Hi-Tech metropolis, for which Kondapur serves as an associated dormitory. In the previous ten decades, the cost has increased by 140%.
People who wish to live in a secluded environment with all of the facilities available in a certain region while staying with a maximum budget have increased the demand for independent residences. In the last ten years, the price has risen by 71% .
People who want to live a luxurious lifestyle close to all facilities have been the driving force behind the commencement and growth in the price of villa projects. In the previous ten decades, the price has risen by 109%.
Good Fences Make Good Neighbours
As if being in the centre of the Financial District is not enough, Nanakramguda is complemented by neighbours that one can dream of.
There is nothing more one can ask for, if they have a software hub like Gachibowli for a Neighbour. It’s like having Jeff Bezos as your neighbour.
Gachibowli is about a 7-minute drive from Nanakramguda. The two areas are linked by 100 feet roads that lead to ORR connectivity
Being an immediate neighbour to Gachibowli that has well-developed infrastructure has enhanced the value of Nanakramguda.
Gachibowli is a job hotspot, where Nanakramguda residents can seek work.
Gachibowli also serves as a world-class commercial hub for folks to have an out-of-the-world experience at the hotels, commercial complexes, sports complexes, medical facilities and more.
And since prices in Gachibowli are 10-15% more compared to Nanakramguda, there is a spill-over effect in real-estate sales across the two areas.
Nanakramguda and Kokapet are connected by 200 feet ORR Gachibowli Link Road and service road.
They are also connected by a 100 feet road from DLF Junction to Financial District and ORR.
Net net, it boils down to a 10-minute drive.
Kokapet SEZ serves as an extension of the IT Industry in the neighbouring Nanakramguda and Gachibowli areas. Anything that cannot fit in those premium areas will most likely find its way to Kokapet.
Also Kokapet has premium affordable housing options for those working in Nanakramguda.
Known as the upcoming ‘Manhattan of Hyderabad’, Kokapet is also the obvious choice for those in Nanakramguda looking to live in high-rise buildings.
Likewise, Nanakramguda serves as a nearby go-to place for premium residential and lifestyle aspirations for those in Kokapet.
Don’t Buy The House, Buy The Neighbourhood
Well, the neighbourhood is what you buy, when you buy a house in Kondapur - which is surrounded by tech industry on all sides. Read on to know more.
Imagine living in the backside of Silicon Valley. That is Kondapur for you! It’s just 10 minutes from Hitech City.
Kondapur and Hitech City are connected through multiple roads.
Kondapur is like the residential version of Hitech City, where those working in Hitech City live mostly.
While there is nothing like living in Hitech City itself, it is affordable only for a select few!
Kondapur is the next best thing, where land, apartment or retail rates are 30-50 % lower compared to Hitech City.
Gachibowli which is about 15 minutes from Kondapur, is another neighbouring asset for Kondapur. The two are easily connected.
Kondapur residents find their commercial needs fulfilled in Gachibowli which has rich social infrastructure like hotels, restaurants, hospitals, sports stadium, and so on.
Again, residential pricing in the two areas results in people opting for Kondapur over Gachibowli.
Gachibowli's emergence as a tech and retail hub has skyrocketed real estate demand and prices in the area with respect to the residential sector.
Prices in Gachibowli are 20%-30% higher than Kondapur.
Masjid Banda is less than 2 Km from Kondapur, and the two areas are well connected.
Masjid Banda is a more affordable option compared to Kondapur, when it comes to residential property.
Those who can’t afford Kondapur may land in Masjid Banda. Land prices are 5% to 10% lesser compared to Kondapur.
Masjid Banda has further development potential, and the government share of land is higher than that of private owners.
As such, Kondapur serves as the neighbourhood to go to, when it comes to needs like retail, entertainment, education, health or other.
In this section, we will look at the Political views of Nanakramguda residents, and how specific Governments developed the area.
Nanakramguda is at the centre of the Financial District. Here are the administrative details pertaining to the area that will house the US Consulate office!
|Legislative Assembly Constituency||Serilingampally|
|Lok Sabha Constituency||Hyderabad|
Serilingampally assembly constituency that Nanakramguda comes under, has been changing political views in the last three terms.
Asaduddin Owaisi has consistently been MP from Hyderabad Lok Sabha constituency since 2004.
Here are a few milestones in the development of Nanakramguda
In this section, we will look at the Political views of Kondapur residents, and how specific political parties have developed the area.
Kondapur has a mixed-up matrix when it comes to district and electoral boundaries.
|Legislative Assembly Constituency||Serilingampally|
|Lok Sabha Constituency||Chevella|
Serilingampally assembly constituency that Kondapur comes under, has been changing political views in the last three terms.
For the Lok Sabha constituency, Chevella, that Kondapur comes under, people have changed their political views from INC to TRS.
Here are a few milestones in the development of Kondapur.
In this section, we will zoom down on the kind of life and fun in Nanakramguda, for various people living in the area.
Apart from different schools, there are international schools in Nanakramguda.
Pullela Gopichand Badminton Academy in Nanakramguda is where Saina Nehwal, P.V. Sindhu and other badminton players were trained.
There is no dearth of facilities for foodies with enough cafes, restaurants and bars in Nanakramguda. Starbucks, Fisherman Wharf, etc., to name a few.
For fitness enthusiasts, we have Cult Fit, and The Spa – Hyatt.
There is also something for car buffs with automobile showrooms nearby like Kia, Maruti Suzuki and more.
Kondapur has a rich social infrastructure with a large number of schools, supermarkets, hospitals, eateries and entertainment.
Kondapur is a hub for famous schools.
There are enough colleges too, and students do not need to go too far flung areas.
There are also facilities for sports and games
There are places where Kondapur residents can chill out, breathe fresh air, and also get physical exercise. Senior citizens can take advantage of these facilities.
For spiritual needs, there are opportunities too.
From a tiny village in the past with North Indian immigrants working as security guards, Nanakramguda has come a long way.
It is now a top residential hub for employees in nearby IT hubs, barely 20 minutes away.
Many of them rent apartments in Nanakramguda, as it is well connected to IT hubs and has sufficient amenities for a comfortable living.
Nanakramguda has some enviable amenities in the pipeline that can quickly make the area even more desirable for property enthusiasts.
We offer up-to-date and authentic information on Nanakramguda.
Property enthusiasts, buyers, developers and other stakeholders are invited to browse around for an enriching real-estate connect.
Property Adviser spent
in Nanakramguda in
The largest project in Nanakramguda has spacious, ready-to-move 2 BHK apartments, at surprisingly competitive rates.
Around 55,000 people live here. So, what facilities of Kondapur makes it a home for big IT giants like Google?
With growing demand for space and increasing traffic, there are more amenities in the offing.
We offer up-to-date, unbiased and authentic information on Kondapur.
Property enthusiasts, buyers, developers and other stakeholders can browse this site for a 360-degree real-estate connect.
Property Adviser spent
in 20+ visits!
In this section, we will throw light on interesting information and data about Nanakramguda and Kondapur, from the real estate perspective. The information is helpful for buyers, developers, banks, government authorities and private sector players.
How much land is available in Nanakramguda?
The Nanakramguda Lake was developed by Wipro, and it came to be called as 'Wipro Lake'.
Nanakramguda is emerging as the hub for rental income opportunities.
What to expect?
If you love skyscrapers, then you’ll be happy to know that all are high-rise new projects in Nanakramguda!
The best part is most of them are ready to move in.
Kondapur is a well-developed area already.
In that case, how much land is still available in Kondapur?
There is something for everyone in Kondapur - 2BHK, 3BHK and 4BHK apartments.
Take your pick! Price range - Rs. 55 lakhs to Rs. 2.8 crores.
In this section, we bring to you details about the areas that lie within close range of Nanakramguda and Kondapur, the modes of transport and total area.
Nanakramguda is like the backyard of Gachibowli, and less than 20 minute drive from Hitech City.
It is easy to get to Nanakramguda through ORR, service roads and link roads. If you are not fond of using your own transport, then there are public buses, private autos and cabs to help you commute.
Nanakramguda has 25% residential, and 75% commercial area.
For unique and verified listings in Nanakramguda, with monthly updates and an unbiased approach - Property Adviser is the one stop shop.
Kondapur is like the residential extension of Hitech City . If you are able to buy property in Kondapur, then you are within a few minutes of all life - from jobs to schools to malls to the famous IKEA store.
To further ease traffic congestion in the area, there are two new flyovers coming up.
Apart from abundant autos, shared autos, cabs and buses, Kondapur is also accessible via metro rail and MMTS. If you want to reach out to other parts of the town, Hitech City Metro Station and Hafeezpet MMTS are closeby.
Kondapur has a total area of Kondapur of 5.55 Sq. Km. (1371.4 Acres), of which 20% is commercial land and 80% is residential land.
Property Adviser is a one stop shop for unique and verified listings in Kondapur, with monthly updates and an unbiased approach.
Once upon a time, there was a small agricultural village belonging to Manikonda Zamindari, where half the population were migrants from North India working as security guards under Nizam.
That tiny village has now turned into a flourishing locality in the middle of the Financial District. Nanakramguda now comes under the Serlingampally Mandal. Can you imagine? The US Embassy office is coming up in Nanakramguda!
The historical Bhagirathamma Cheruvu, also called Nanakramguda Lake, is one of the best in the city, and it sustains over 96 species of birds and fish.
Colonies associated with Nanakramguda are in and near to Financial District, MalaKunta, ISB Road, Q City Road and Prism Road.
If you want to get a quick idea about its popularity, then Kondapur is home to none other than Google, Hyderabad office! Kondapur is like an attached hostel for Hitech City. Numerous people working in Hitech City live in Kondapur, which is hardly 5 kilometers from Hitech City. Close to 55,000 people live in Kondapur, in an area spanning a little over 5 square kilometers.
What makes Kondapur further attractive is that there are two flyovers coming up to ease traffic and travel in the area.