Nanakramguda is a rapidly developing locality situated in the western part of Hyderabad, Telangana. Known for its modern infrastructure and burgeoning real estate market, Nanakramguda has become a focal point for IT professionals and investors. This article delves into the various aspects that make Nanakramguda a sought-after destination, including its demography, infrastructure, educational institutions, healthcare facilities, and real estate developments.
Pincode
Nanakramguda falls under the postal code 500032.
Demography
Nanakramguda has witnessed a significant influx of professionals and families due to its proximity to the Financial District and the IT hub of Hyderabad. The population is a mix of young IT professionals, middle-aged corporate employees, and families. The cosmopolitan nature of the population reflects the diversity in culture, language, and lifestyle.
Infrastructure
Roads and Connectivity
Nanakramguda boasts excellent connectivity to other parts of Hyderabad. It is well-connected via the Outer Ring Road (ORR), ensuring seamless travel to the Rajiv Gandhi International Airport and other key areas. The locality is also served by efficient public transport, including buses and shared autos.
Utilities
The area is equipped with modern utilities, including reliable water and electricity supply. The development of high-quality sewage and drainage systems further enhances the living standards in Nanakramguda.
Commercial Establishments
Nanakramguda is home to several commercial establishments, including shopping malls, supermarkets, and entertainment centers. The presence of numerous restaurants, cafes, and retail stores caters to the daily needs and leisure activities of residents.
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Real Estate Developments
Residential Projects
Nanakramguda has seen a surge in residential projects, ranging from luxury apartments to gated communities. Prominent developers such as Prestige, My Home, and Aparna Constructions have launched several high-end residential projects. These projects offer a plethora of amenities, including swimming pools, gyms, clubhouses, and landscaped gardens.
Commercial Projects
The locality is also witnessing a boom in commercial real estate. Several IT parks and office spaces have been developed to accommodate the growing number of IT and corporate firms. The Financial District, which is adjacent to Nanakramguda, hosts numerous multinational companies and financial institutions.
Property Prices
The real estate market in Nanakramguda has shown consistent growth over the past few years. The average property prices range from INR 6,000 to INR 22000 per square foot, depending on the type and location of the property. The rental market is also robust, with high demand for both residential and commercial spaces.
Schools and Colleges
Schools
- Sri Ram Universal School
- Keystone International School
- The Gaudium School
Colleges
i. Union Bank Of India STC Hyderabad
ii. Indian School of Business (ISB): One of the leading business schools in India.
iii. University of Hyderabad: Offers a wide range of undergraduate and postgraduate programs.
Hospitals
Nanakramguda is equipped with top-notch healthcare facilities, ensuring residents have access to quality medical care. Prominent hospitals in and around the area include:
i. Continental Hospitals
ii. Rainbow Children’s Hospital
iii. Star Hospitals
Real Estate Market Overview
Nanakramguda, located in the West Zone of Hyderabad, is rapidly emerging as a prime residential area. Its proximity to key areas has spurred significant infrastructural development, resulting in a real estate boom. The locality offers a wide array of properties, with many more projects nearing completion and occupancy. Renowned builders are continuously working to introduce high-quality residential projects to meet the expectations of future residents.
Nanakramguda is well-equipped with commercial complexes, including supermarkets, schools, restaurants, fitness centers, and banks, making it a top choice for many home buyers. The Property Adviser team has meticulously researched and categorized each residential project in Nanakramguda to assist customers. Every infrastructural enhancement, new project, and construction status of existing ones, along with real-time images and nearby landmarks, are thoroughly analyzed. Our detailed price analysis and comprehensive data ensure that customers can make well-informed decisions about their investments in Nanakramguda. Â
Residential Projects in Financial District, Nanakaramguda
i. Spectra
ii. The Olympus
iii. Myscape Otomo
iv. ASBL Loft
v. Western Springs
vi. Sukhii Ubuntu
vii. Myscape Loft
viii. SAS Diamond Towers
Current Trends
The real estate market in Nanakramguda is characterized by steady appreciation in property values, driven by demand from IT professionals and investors. The area’s strategic location, coupled with ongoing infrastructural developments, continues to attract significant investment.
Conclusion
Nanakramguda is a thriving locality that offers a blend of modern living, robust infrastructure, and lucrative real estate opportunities. Whether you are a homebuyer, an investor, or a professional looking for a convenient place to reside, Nanakramguda presents an attractive proposition with its diverse offerings and growth prospects. Â
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