By offering some of the finest 3BHK flats in Hyderabad at affordable rates, Bachupally has ingrained itself as a huge influence on Hyderabad’s realty scene.
India’s real estate had a stellar 2021. Despite a second pandemic wave, real estate proved to be a solid investment for many people. Changes in lifestyles made home’s more valuable as people settled down into a work-from-home routine. For upcoming IT hubs like Hyderabad, this had a very big impact on its real estate.
Working professionals began looking for homes in earnest and drove up demands. Keeping the pandemic in mind, 2BHK flats in Hyderabad and even 3BHK flats in Hyderabad became a favourite amongst new home owners. This provided an impetus for growth, pushing Hyderabad to the top of the list when it came to residential sales growth. According to Knight Frank India, Hyderabad registered an increase of 142 per cent to 24,312 units in 2021 – the best year in terms of annual volume sales since 2011.
A major contributor to this boom is Bachupally. Located in the famed Western corridor of Hyderabad, Bachupally has become the epicenter for realty growth and has all the makings of a runaway success. The suburb has one of the best locational advantages and is quickly becoming the preferred home for many professionals engaged in the IT and ITES industry.
Why Bachupally?
Experts have recognized Bachupally’s growth and hailed the quick pace at which it was developing. Thanks to affordable rates offered by many developers, including Modi Builders and Risinia Builders, the influx of new home owners has further boosted its prospects. The suburb has many residential projects, offering some of the best 2BHK flats in Hyderabad. This provides ample space for professionals who need it to set up a home-office. Families too will find the perfect accommodation as projects with bigger floor layouts are also available at the best prices.
When one accounts for the infrastructural advantages that Bachupally enjoys, it is not hard to grasp why people are flocking over by the dozen. For one, the suburb is very well connected to the IT corridor and most places in the city are just a few minutes’ drive away. The Outer Ring Road (ORR) forms a network of interconnected roads that will take you to your preferred destination in 30 minutes or less.
A plethora of educational institutes dot the landscape around the suburb, making it a good choice for families with children too. Bachupally has become an educational hub of sorts with facilities for primary, secondary, graduate and technical schools. Of course, one cannot forget the malls, supermarkets, restaurants, banks and every other store or service, present here. Self-sufficiency is the watch word here.
Hyderabad is touted to be one of the promising real estate markets in 2022. Housing.com has even gone on to suggest that the city along with Bangalore and Mumbai will lead India’s real estate recovery in the new year. The emergence of booming suburbs like Bachupally is a factor in orchestrating Hyderabad’s climb to the top. By offering some of the finest 3BHK flats in Hyderabad at affordable rates, Bachupally has ingrained itself as a huge influence on Hyderabad’s realty scene.