If you’re looking to buy a home in Hyderabad, you might have come across the Kukatpally Housing Board Colony, often called KPHB Colony. This area is quite well-known in Hyderabad.
The Kukatpally Housing Board In Hyderabad Colony stands out as one of the busiest parts of the city due to its high population. The available properties in this region are primarily older buildings. It is quite near the IT centres of Hyderabad and offers a more budget-friendly choice compared to neighbouring societies and colonies. Several well-known builders have obtained land here to introduce new and modern projects, and these constructions are almost finished.
Key Information of Kukatpally Housing Board Colony
- KPHB Colony is near IT centres in Hyderabad.
- Several builders are planning new projects in this colony.
- This colony is one of the most populated areas in Hyderabad.
- Both residential and commercial properties surround it.
Services & Features at Kukatpally Housing Board Colony
- Availability of affordable apartments, independent houses, duplexes, and plots.
- Proximity to two metro stations.
- Well-connected by public transportation.
- New wide roads are being constructed to handle the traffic.
- Essential amenities like Appolo Pharmacy, D-mart store and Nexus Mall are nearby.
Getting Around in Kukatpally Housing Board Colony
There are many places nearby KPHB, some of the most interesting places include Golconda Fort, Charminar, Salar Jung Museum, Chowmahalla Palace, Falaknuma Palace, and NTR Gardens, to name a few. Close by, within about 11 kilometres, is Sri Krishna Nagar, and at a distance of 7 kilometres lies Moti Nagar. Key roads like Metro Water Works Road, Hafeezpet Road, and Green Hills Road, among others, weave through this area.
For residents’ convenience, the Rajiv Gandhi International Airport is the nearest air hub, while the closest railway station is in Hi-tech City. Kukatpally is well-connected by the Kukatpally Metro and KPHB Metro lines, which connect the area to the city centre and other parts of Hyderabad. The Kukatpally housing board Colony Metro operates on the Red Line route. Esteemed educational institutions, such as Chaitanya College, Vijetha Educational Society, and Sri Gayatri Junior College, are also found nearby.
Location Advantages of Kukatpally Housing Board Colony
The position of the Kukatpally housing board colony is advantageous because it is conveniently near:
- Educational Institutions like the School of Information Technology, Ravindra Bharathi School, Blooming Dales High School, Jawaharlal Nehru Technological University, Vali Rameshwars IAS Academy, and more.
- Shopping Centers include Forum Sujana Mall, Manjeera Mall, Nsl Centrum Mall, and others.
- IT Parks like Modern Profound Tech Park, Cyber Gateway, and Meenakshi Tech Park, among others.
Types of Properties and Recent Developments in KHBC
Thanks to its nearness to NH 65, the housing board colony has seen residential and commercial real estate expand around it. There are also small industrial units close to Kukatpally – Sanath Nagar road. The area’s retail businesses have been growing too. As a place where people live, residents have many choices, from apartments to duplexes, standalone houses, and land plots. Among the various property types in the Kukatpally housing board colony, apartments have the highest rents, followed by houses, residential plots, and others.
Many real estate builders are constructing tall apartment buildings to meet the demand for places to live. Some well-known projects here are Haripriya Projects, Nitya Nirman Projects, Ground Tree Projects, Infinity Aspire Projects, Soilsol Projects, and Lodha Bellezza. There are also upcoming projects in the works. One big change is the expansion of roads to ease traffic congestion in the area. This is a major development that’s happening right now.
Property Rates & Rents in Kukatpally Housing Board Colony
The ongoing projects in the area are at different stages of completion, resulting in various flats being available for purchase or rent with the option of home loan transfer. The typical rent for multi-story apartments in the Kukatpally housing board colony falls between Rs. 16 to Rs. 22 per square foot.
The recent trends show that rental prices in the Kukatpally housing board colony have increased by 5.56% over the past few months. In addition to rent, the apartments available for sale in this location are priced from Rs. 80 Lakhs to Rs. 1.2 Crore. For a 1,000 square feet apartment in the Kukatpally housing board colony, the average monthly rent ranges from Rs. 12,000 to Rs. 21,000. Meanwhile, if you’re considering an independent house, the monthly rent in this area varies from Rs. 10,000 to Rs. 16,000.
Conclusion
In Hyderabad, buying a home can be quite expensive, even with a home loan because there are many IT centres in the city. Among all the neighborhoods, Kukatpally Housing Board Colony is among the most affordable. The houses in this part of the city have a good old-fashioned look. The area is located in Kukatpally Mandal and used to be a part of the Malkajgiri revenue division in the New Medchal District. Important IT parks like Cyber Gateway, Meenakshi Tech Park, and Modern Profound Tech Park are here. The highway NH 65, which connects states such as Telangana, Andhra Pradesh, Karnataka, and Maharashtra, is also nearby. This makes investing in the Kukatpally region a smart choice worth considering.
Read: Home Loan Essential Documents and the Significance of Occupancy Certificate
