Gachibowli- A residential locality on the rise in Hyderabad

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Some of the crucial trainers of Hyderabad’s economy are the Information Technology (IT) and the Information Technology Enabled Service (ITES) sectors. Subsequently, Hyderabad is called ‘Cyberabad’. The Hitech location in the city is filled till the brim with IT and ITES companies. Because of this the Hitech city and its surrounding areas have witnessed much growth in terms of both residential and commercial real estate.

Besides localities like Miyapur and kondapur, Gachibowli district has also received a lot of attention in the real estate like wise. The Gachibowli real estate is thriving now because of multiple factors. It was a much-hunted locality from the midst 1990s to the early 2000s after which it witnessed a downfall from 2010 to 2013 due to political turmoil and over-supply from its surrounding city Telangana. Since the political unrest stabilized after the creation of the new state Telangana, the property prices have steadied and the locality has witnessed demand once again.

The demand for property has strongly increased due to its ideal location. Therefore, Pacifica Company has put various apartments for sale in Gachibowli. The Hillcrest residential project is much in request due to its locality. It is connected with two vital roads, the Mumbai highway and the outer ring road. The airport is close by, which makes it convenient for the residents. The hillcrest project consists of villas, 2Bhk, 3Bhk and 4Bhk apartments. There are about 684 units spread across 5 residential towers with 18 floors each. To break the consistency of more than 1000 residences, the external design pattern incorporates prominent green spaces on roof terraces and sky bridges, which provides high class gathering space for tenants. The houses have an intoxicating combination of comfort and recreation that provides a lifestyle option for those who want to enjoy a good life and are looking for an opportunity to experience luxury!

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