Hyderabad has been developing at a fast pace since the past few years. Along with the growth in areas like Kukatpally, Bandlaguda, Komapally, Ghatkesar and others, the infrastructure of the city has completely transformed. One of the major contributor to this makeover is the IT sector.
Hyderabad began with a slow transformation into a cyber-city. The state government took several initiatives to promote the IT sector during the early 90s. It led to the development of a Hi-Tech city, set up various IT training institutes, and promoted Software Technology Park for private sector companies. Today, it has become one of the premiere information technology and IT-enabled service hubs of India. The city managed to attract investments from big names, including IBM, Oracle and Microsoft.
With the emergence of the IT sector, the employment rate in Hyderabad began to rise. A number of IT executives, traders and defence personnel immigrated to the city in search of jobs. This led to a significant rise in the demand for houses.
A number of realtors started constructing properties with close proximity to prominent IT locations, such as the Hi-tech city, Mindspace IT Park, and others. Some of these real estate developers include Ashoka Builders, Ramky Group, Modi Builders Group, Dream India Group, and Aditya Constructions among others. These builders have been taking up a number of residential, commercial and gated plots in Hyderabad and, in the outskirts.
The growth in real estate activities led to the development of various localities in the city. People started buying these properties and benefitted from the amenities that came along. A number of localities started to emerge as ideal, and homebuyers started demanding houses in these areas.
Flats For Sale in Bandlaguda, Hyderabad
Flats for sale in Bandlaguda, Kukatpally, Kompally, Ghatkesar, Mokila and Hayatnagar among others, witnessed a growing demand. Ashoka Builders also has taken up both residential and commercial projects in areas like Kukatpally, Kompally and Mokila. With each project, these builders have offered luxurious, residential as well as commercial properties to the buyers.
Modi Builders also offers luxurious villas and flats for sale in Bandlaguda, Kukatpally, Kompally, and Hayatnagar. The realty firm not only provide luxurious houses with several amenities to the buyers, but also ensures that they are affordable.
Apart from the employment opportunities and infrastructure, the city has also been witnessing a growth in the real estate sector. The efforts of the realtors have transformed the old city of into a metropolis that’s more sophisticated, and well-connected.