Kukatpally is an ideal, well-rounded neighborhood of Hyderabad. Kukatpally is situated on the north-western part of the city of Hyderabad, in the Ranga Reddy district. The locality of Hafeezpet lies to the west, and Kothaguda, Hitech City and Madhapur to the south of Kukatpally. It is famous for having one of the best developed residential colonies in Andhra Pradesh – the Kukatpally Housing Board (KPHB) Colony. Another special thing about Kukatpally is that it is the commercial hub of the city. Kukatpally is also known to be an educational hub, with plenty of good schools and educational institutes, which is why many families choose this locality for their home. One of the major advantages that the residents enjoy is that they can easily access shops and malls in this locality. Apart from creating an immense number of job opportunities, this has also meant a boost for the real estate industry, especially in Kukatpally. One of the major factors that has turned Kukatpally into the destination of choice for many home buyers is its proximity to Hitec City and Financial District, Gachibowli. Both the IT hubs are located within 10km from Kukatpally. The shorter commute to work is one of the reasons that has attracted many professionals from the IT/ITeS industry to come invest in the area thus increasing the demand for premium properties in the area.
The Mumbai Highway runs almost through the centre of this locality, and connects it to places like Ameerpet, Banjara Hills, Moosapet and Miyapur. The locality does not have a railway station of its own. It is however quite close to the MMTS run stations of Hitech City, Borabanda and Bharatnagar. To catch express trains that travel to other parts of the country, the stations available are Secunderabad, Nampally and Begumpet. Kukatpally’s is located in Corridor 1 of Hyderabad Metro Rail, covering nearly 12-km Miyapur-SR Nagar stretch with stations in KPHB Colony, JNTU and Kukatpally which also has a significant impact on the connectivity of this region. The accompanying development in physical and social infrastructure in Kukatpally, because of the KPHB colony, led to an increase in demand for other residential projects around the colony. It first saw a spurt in home buyers after the development of the Kukatpally Housing Board colony, Asia’s largest housing board. Kukatpally has also thrived as a micro market. It has everything right from Rythu Bazar (farmer’s market) where you can buy farm fresh produces to major brand outlets.
This growing population of dynamic, highly educated and motivated professionals have attracted like-minded individuals who have contributed to the cosmopolitan community of Kukatpally thus pushing up the demand for premium housing and with that the real estate prices. As Hyderabad gears up to play host to growing list of companies, this demography is only set to grow and with it the property prices as well. Kukatpally is undergoing some major developmental changes. Funds of over Rs 1,500 crore have been allocated for the development of this locality as an even bigger residential hub. he demand for other apartments in Kukatpally around the colony also increased, because of the overall development in physical and social infrastructure in Kukatpally, because of the KPHB colony.