Located in the north-western fringes of Hyderabad, Gachibowli is a popular IT suburb that forms part of the Mandal of the Ranga Reddy district. It’s just five kilometres from HITEC City and is surrounded by Kukatpally, Panjagutta, Mehdipatnam, Kothaguda, Banjara Hill, Madhapur and Jubilee Hills. It is also very close to Hafeezpet, Patancheru, Malkapur, Kollur, Madhapur and Cyber City. A number of places in Gachibowli see tourist activities throughout the year. These include Golconda Fort, Ramoji Rao Film City, Hussain Sagar, Shilparamam and Durgam Cheruvu.
Gachibowli in Hyderabad is also a sports hub apart from being a commercial and residential hub. It has a world-class Hockey stadium and houses the GMC Athletic Stadium. It is also the IT suburb of the city, and is also Microsoft’s largest development centre, Microsoft IDC, outside United States of America. A number of top IT companies have their offices here, and they include Infosys, Computer Associates, Sierra Atlantic and Wipro. A number of developmental initiatives are being taken in Gachibowli.
The Old Mumbai Highway, connecting Jubilee Hills with Gachibowli Road, is currently being extended from 60 feet to 120 feet. Toli Chowki Junction will soon have a 650 metre long flyover. This flyover has already been proposed by authorities. In addition to that a new IT SEZ is being planned too. Property prices in this area have seen an appreciation of about 15.3 percent in the last two years. Currently, property rates in Gachibowli range from INR 3,740- 4,378 per square feet.
Gachibowlin in Hyderabad is extremely well-connected via a network of roadways and railways to various known hospitals, banks, schools, hotels and developed areas. The Outer Ring Road connects Gachibowli to Shamshabad International Airport, while the Nehru Outer Ring Road connects the area to Rajiv Gandhi International Airport. HITEC City Railway Station, Deccan Railway Station and Hafeezpet Railway Station are in close proximity. Gachibowli is connected to Mehdipatnam and Koti by the APSRTC transport network of bus services.
The primary hospitals in the area include Dr. Amar’s Dental Hospital, Aakruthi Dental Hospital, Manikanta Hospital, Oasis Centre of Reproductive Medicine and Aarogya Center. Homebuyers also get plenty of options when it comes to finding a good school for their children. Sarojini Naidu School of Arts and Communication, Government Primary School, Jawaharlal Nehru Institute for Development Banking and Kendriya Vidyalaya, all are present in Gachibowli. Leading banks like Axis, IDBI, SBI and Indian Bank, and their ATMs are present in Gachibowli.
You will also find top luxury hotel chains such as Regenta One and Hyatt in this area. As is evident, Gachibowli has ample reasons for homebuyers and developers to invest here. It has numerous job opportunities and easy-living conditions. A steady demand and price increase for properties make Gachibowli a lucrative option. The area provides a perfect work-life balance. If you are thinking of investing in real estate in Gachibowli, you are thinking right.