The new favorites of the reality firms and investors include Kokapet, Shankarpali, ibrahimpatnam, shamshabad, maheshwaram and qutubullapur. The registration department revenue information reveals that the new reality destinations generally on the city’s outskirts have registered a significant growth rate with an increase of 70 to 120% revenue recently.
The golden triangle is from Shankarpalli to Matangi Rd to Kokapet Rd and outer ring road. They have registered the highest growth rate compared to the last two years. With fantastic growth drivers, the golden triangle has carved a niche for itself in the residential reality map of the state. Kokapet in the western side is known as the best investment location in the city.
Due to the Government’s plan to develop the new city with a motto of ‘Rise Infrastructure Hyderabad’, this was known as the Golden Triangle. It stretches out from Kokapet to the Muthangi ORR. This is the new destination which is all set to accommodate a 5 lakh workforce in a 90 million sq.ft. For achieving this very target, the government has been developing the land backs of around 466 acres.
In Hyderabad, Kokapet is currently in the pole position and is known as the newest growth center for Telangana’s IT sector. Kokapet is situated in the very close arena to all the major IT hubs, which also makes it one of the most preferred destinations for buying and investing by the working class of the city.
Since the past 2 years we have been living in a work from home set-up, remotely working. But now since the government is slowly opening up due to fewer cases, work from the office is going to get resumed. It makes sense to choose a place near to the workplace, which is now becoming the need of the hour.
It boasts robust connectivity and is well connected to other parts of the city through the outer ring Rd. The locality is also home to great colleges and schools, including the IIT Hyderabad. The infrastructure projects proposed by the state government have grown dramatically as it is the limelight of the Hyderabad state.
The IT professionals working here are the main buyers. The land prices here are likely to increase by 30 to 35%, and the residential units might witness a 15 to 20% hike in the average capital. Several leading real estate developers are offering homes in this area which has opened a floodgate of opportunities for potential buyers.
In the Golden Triangle, there are multiple key projects coming up. Flats at Kokapet and Rich Park by Hirize Group are selling like hot cakes. Rich Park offers the most Beautiful homes, A community with world class amenities, great connectivity and rapid development.
Don’t think twice, Connect with us today and our executives will guide you in finding a home at Rich Park that caters to your needs.