A Cushman and Wakefield report reveals that Hyderabad real estate put up a good show for yet another quarter in 2019. In the fourth quarter of the year, there were 4,340 new launches, and most of them were concentrated in “fast-growing locations such as Gopanpally – Tellapur, (and) Bachupally…” the report says.
Over the last few years, Bachupally has witnessed tremendous growth due to its proximity to prominent IT parks and infrastructure developments. Here’s a guide to Bachupally for aspiring homeowners and investors.
Location and connectivity
Bachupally is located in the Quthubullapur district, approximately 14 kilometres away from HiTech City. It is a rapidly expanding suburb close to prime areas like Madhapur, Kondapur and Hafeezpet and is connected to Hyderabad city via the Nizampet Road. It is also well-connected to other parts of Hyderabad and India due to the proximity of the Outer Ring Road, and NH-9.
The area is served by railway stations situated in Lingampally, Hafeezpet, Borabanda, and Chandanagar that are within a 15 to 17-kilometre radius. The airport is 45 kilometres away while the nearest metro station is at Miyapur, which is 9 kilometres away. The Nizampet metro that is in the pipeline is closer to Bachupally and is set to further ease commuting for the area’s residents.
Employment
Bachupally’s growth began due to the intense commercial activities brought about by the increasing presence of IT, manufacturing, and pharmaceutical companies. Well-known names include Dr Reddy’s Laboratories and the massive Tech Mahindra campus nearby. It is also only around 15 kilometres away from HiTech City, which makes it an alluring micro-market for thousands of working professionals.
Social infrastructure
Apart from being close to the prestigious Mahindra Ecole Centrale, Bachupally has other prominent educational institutions like Oakridge International, Ambitus World School, and Geetanjali School, among others.
There are many medical and healthcare facilities, including Citizens Hospital, People’s Hospital, and Apollo Hospital.
Our top property picks
Bachupally has attracted homebuyers and investors alike due to its wide range of housing including luxury villas, affordable apartments, and mid-size houses at affordable prices from reputed and upcoming builders. We give you our top two picks of the best properties in Bachupally based on build, facilities, and pricing.
Risinia Intellipark
Risinia Intellipark is spread over 2.7 acres of land comprising 2 and 3 bedroom apartments. Located just four kilometres away from the ORR and ten kilometres away from HiTech City, buyers can choose from 251 flats. Amenities include children’s play area, outdoor sports areas, jogging track, guest rooms, and a seating area for seniors.
Prices range between Rs 38 lakhs and Rs 48 lakhs, and the apartments will be ready for possession by May 2020.
Svadha Suja Elysian
Suja Elysian from Svadha Builders comprise 160 flats with a choice of 2 and 3 bedrooms and are structured as stilt plus five units. The apartments are well-planned, maintaining plenty of distance between each unit, giving a good sense of personal space. Some of its unique amenities include a party lawn area, library, guest rooms, and a baby pool.
The apartments are priced between Rs 47.7 lakhs and Rs 69 lakhs and will be ready to move in by July 2021.