Guess the next big thing in Hyderabad in terms of realty. Well, Neopolis, Kokapet and Financial District are touted as strong contenders to become India’s richest areas. If you have plans of investing, think big and invest big!
The economic zone is inching towards becoming the richest with rapid development, infrastructure upgrades, IT companies and global investments.
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For starters, it’s a strategic location with IT firms and other businesses. The government is also pushing infrastructure growth with new roads, underground drainage, water supply and electrification to support both commercial and residential growth.
The areas have seen realty boom reflecting investor interest. The Kokapet SEZ (Neopolis) is expected to provide ample job opportunities in the coming years. Neopolis will become home to India’s largest IT parks further boosting economic activity.
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The areas are expected to attract HNIs (high net worth individuals), corporate executives and global executives. The pockets will house high-end apartments, elite villas and world-class infrastructure.
Financial District is the economic hub of Hyderabad contributing to city’s economy. The connectivity and hi-rise skyline make it a desired destination.
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So what makes them the richest places? World-class infrastructure, connectivity, corporate expansion and land depletion leading to price rise.
Corporates like Amazon, Google and Microsoft are expanding their operations there, increasing the demand for housing. The property values will continue to see an upward trajectory, say realty experts, projecting them to find a place among country’s richest areas very soon!
