Investors generally look for businesses that can generate good returns on their investments. However, with locations in Hyderabad reaching saturation, where should such investors plan to invest? Kollur on the outskirts of the city is such a fast-growing real estate investment destination. The proximity of the IT hub in the financial district and infrastructure development are also driving the growth. Let us know more about Kollur!
Improved connectivity, self-sufficient infrastructure and constant demand for millennial workers have made Hyderabad one of the most popular end-user and investment cities in the residential real estate market while cities like Gachibowli, Kondapur and financial districts are becoming increasingly unaffordable for home buyers Many innovations as major options for apparel Micro markets have emerged
In western Hyderabad, for instance, suburbs like Kollur have emerged more as real estate markets. Located on the outskirts of the city, Kollur offers buyers compelling real estate investment opportunities. The availability of new construction projects from well-known builders allows investors to build their portfolios and participate in the real estate market. If you have a real estate investment in mind, read on to know the main reasons why Kollur is worth investing in!
Comparatively more expensive than larger communities
Kollur is an upcoming housing complex catering mainly to the affordable segment. Currently, the average property price in Kollur is Rs 10,000 per sq ft, which is quite affordable compared to popular areas in West Hyderabad In these prime areas, like Kukatpally, Madhapur and Gachibowli, property prices range from Rs 6,000 per sq ft to Rs 10,000 per sq ft. This is 20% more expensive than Kollur, so the market will witness micro-all from services to investors in the coming years.
Excellent Connectivity
Kollur is well connected via the Outer Ring Road (ORR), the Narasimha-Kollur service corridor. The ORR is a major canal system around the city which serves as an important transport link. The nearest railway station is Nagalapally which is 4 km from Kollur. Besides, the area also has improved public transport services as TSRTC buses provide connectivity to places like Patancheru, Velemala, Nagulapalli, Nalagandla and Tellapur
Strong social infrastructure
Kollur is strategically located near major IT centres like the Financial District, HITEC City and Gachibowli, making it attractive for professionals working in local IT companies These areas are easily accessible via the ring road outside Kollur have been there. These areas have renowned educational institutions, hospitals and recreational facilities which are summarized in the table below:
Schools
Birla Open Minds International School
Samashti International School
Delhi Public School
Hospitals
Aksha Hospital
Continental Hospital
Healix Hospital
Recreational Zones
SRRC Cricket Ground
Sarah City Capital Mall
Atrium Mall
Potential investments
The proximity of the IT centre and the established social infrastructure positively influence the demand for residential units. Rental properties can also provide good returns due to the high demand for professional accommodation near the IT centre. Indeed, the above-mentioned officially announced projects indicate the future growth and appreciation possibilities of the area, and investing in residential properties in Kollur is a promising prospect Kollur property prices have also risen, up 11% last year.
Investing in real estate is great! Therefore, 99acres suggests that you consult with real estate professionals and conduct thorough market research before making a final call. Consider your financial goals and risk tolerance before making any decision. Additionally, it’s a good idea to seek legal financial advice to ensure your investments are in line with your overall financial plan.
FAQs about Investing in Kollur
Why is Kollur a good investment destination?
Kollur offers excellent connectivity via the Outer Ring Road (ORR) and proximity to major IT hubs like the Financial District and HITEC City. The area's well-established social infrastructure, including reputable schools, hospitals, and recreational zones, further enhances its attractiveness for real estate investment.
What are the current property prices in Kollur?
Currently, the average property price in Kollur is around Rs 10,000 per sq ft. This is relatively affordable compared to other prime areas in West Hyderabad like Kukatpally, Madhapur, and Gachibowli, where prices range from Rs 12,000 to Rs 15,000 per sq ft.
How is the social infrastructure in Kollur?
Kollur boasts a strong social infrastructure with reputed schools such as Birla Open Minds International School, hospitals like Continental Hospital, and recreational zones like Sarah City Capital Mall, making it an appealing area for families and professionals.
