West Hyderabad Where the IT Money Lives
The high-end real estate area of the city is West Hyderabad. It comprises Gachibowli, HITEC City, Kondapur, Kokapet, Tellapur, Narsingi and Madhapur. Google, Microsoft, Amazon, and hundreds of other tech companies have their offices here. In Gachibowli, the current property prices are between 9350 and 13100 per sq ft. Kokapet is between 9500 and 12700. Tellapur is a little cheaper at 7,500 to 8,500. The western locality FIYLO-AI radar charts indicate that the scores are mostly dominant in offices, restaurants, and education. The rental rates in HITEC City and Gachibowli are 4 to 5 percent, which is significantly higher than the national average. In the western belt, property prices have increased by approximately 80 percent in the last five years. Only Kokapet experienced 100 percent growth in 5 years. This is the area where the money circulates since the jobs are located here. The trade-off is straightforward - entry prices are high. West Hyderabad 2 BHK begins at 70 lakhs and comfortably exceeds 1.5 crore in prime areas.