Guchibowli, Namakramguda, Gopanpalli
The Construction of Stadium for National Games and then the commencement of IVRCL Towers and ISB at Guchibowli threw up a new location for investors to run to! Oddly named Guchibowli and its neighbouring areas like Nanakramguda, Gopanpalli became the darling of NRIs and Investors making land prices to jump from under 10Lakhs to roaring 15 Crores per acre!!
Guchibowli has already seen world class development. More organized and even, compared to Hitec City. Mammoth structures were built by Infosys, Microsoft, Wipro, Polaris, Canbay, Templeton, UBS etc. More are under construction, including 7 Star Hotel by ISTA. Also the Financial District area is seeing large scale penetration by Indian Banking Giants and FIIs to build their Data Warehouses and Emergeny Operation Centers.
US Consulate will be built in the Financial District area in Guchibowli. Already Aparna and Jayabheri are building superb Gated Townships here. Obviously, there will be demand for highend premium homes which can be rented out at 1.5 Lakhs to 5 Lakhs (within next couple of years) per Month. Emmar is building Golf Course and Villas facing Golf Course behind Infosys.
Nanakramguda is buzzing with activity. Lanco is building IT Parks, Residential Towers, Malls and Business Centers spread over 100 acres adjascent to the Express Highway which strats from Guchibowli. In addition to scores of 20 story structures, a Signature Tower soaring over 90 Floors is being built!
The silent and empty suburb of Gopanpalli, Nallagadla where the only living beings you could see couple of years back were Buffaloes and stray dogs, has awakened to Gated Bungalows costing over 150 Lakhs. Apartments at this remote location is being sold at 3000/SFT!
DLF is building Malls and Commercial Space in area Near CMC at Guchibowli. IVRCL, with its famed towers -HillRidge-(which opened for booking at 900/SFT in the year 2000), is building Multiplexes and Malls at Guchibowli. Guchibowli is rapidly transforming into a glitzy, upmarket locality.
Guchibowli- Nanakaramguda- Nallagadla -Tellapur areas are buzzing with new Projects! Aparna Shangrila, Jayabheri Meadows, Jayabheri Orange County, Jayabheri Four Seasons, Bloomfield, Aparna Sarover, Aparna Cyber County, Rolling Hills, IVRCL Hill Ridges (Apartments and Villas) etc..And many more would come up to meet the huge upcoming demand.
The Average income of tech poulation here should be above 60K per Month! Unheard of in India where the Annual average income, hardly touches Rs.5000! Obviously, Guchibowli, Kokapet, Narsingi, Gandipet, Manherevula, GopanPalli, Nallagadla, Nanakramguda should be the places that one should target for upmarket commercial ventures / enterprises. Its important to buy into developing localities and cash-out later or run commercial establishments and rake-in big bucks!
