Nanakramguda, situated in the west zone of Hyderabad, is a fast-growing office, and commercial and residential real estate hub. The locality has gained immense popularity in recent years due to its infrastructural development, which has resulted in a high-rise boom in the area’s real estate market.
Nanakramguda is a locality in the Serilingampalle Mandal of Ranga Reddy district in Telangana state, India. Several nearby localities like Kokapet, Khajaguda, Narsingi, Gopanpalle, Gachibowli, Kondapur, and Madhapur surround it, making it a center of office space real estate. The financial district is also part of this suburb.
In this article, we will explore the various aspects of Nanakramguda, including its location and accessibility, social infrastructure, recreation, entertainment, and real estate development.
Location and Accessibility:
Nanakramguda is located in the Serilingampalle Mandal of Ranga Reddy district in Telangana state, India. It is easily accessible by road and can be reached through ORR exit number 1 or ORR Toll Road from Gachibowli Junction and from Q City Road from Gopanpalle. The newly planned Airport Metro Rail passes through Nanakramguda, making the commute for office workers to and from the airport a comfortable ride. The locality is well-connected to other parts of the city, and public transport is readily available.
Social Infrastructure:
Nanakramguda has a sophisticated road (along ORR), sewage, and electricity infrastructure in place. It is closer to many international schools like Oakridge and Keystone and is home to world-class hospitals like Continental Hospitals. The locality has several options for shopping and dining, including malls like Myscape Stories. The locality is also home to several supermarkets, banks, and other essential amenities. The suburb also has high end hotels such as Hyatt, Marriott and Sheraton.
Recreation and Entertainment
Nanakramguda has a lot of options for recreation and entertainment. The area has several upcoming popular malls and shopping centers that cater to the diverse needs of its residents. Some of the popular malls in the area include Myscape Stories. These mall offers a wide range of options for shopping, dining, and entertainment, including movie theaters, gaming zones, and food courts.
Apart from malls, the area also has several parks and recreational spaces that provide residents with the opportunity to enjoy the outdoors. Many restaurants and coffee shops like Driven Café are good hangout places in the locality.
Real Estate Development:
Nanakramguda is a fast-growing real estate hub, and properties in the locality are ample in number. More properties are on the verge of completion and occupancy. The suburb enjoys most of the office space demand among the 6-8 expanding suburbs. WaveRock, an equal joint venture between GIC and Tishman Speyer, is the largest office space property spread over 2.5 million sq. ft. in the area. Some of the MNCs and Indian Cos operating in this area include Amazon, Google, Apple, Accenture, TCS, Capgemini, Dupont, DBS, Birlasoft, GGK, Honeywell, among others.
Top builders like Aparna, Aditya, Prestige, SAS, Jayabheri, North Star, Myscape, Ramky, SMR, Shilpa, Vasavi, Meenakshi, Vamsiram, etc. have come in with huge projects over the last ten years in Nanakramguda. Medium and high-end builders have sold hundreds of apartment units and leased thousands of square feet of commercial space in this suburb every year. The price of apartments in the suburb ranges between Rs 7500 to Rs 14000 per sq ft, while villa prices range between Rs 16,000 to 20,000 per sq ft.
Current residential projects in Nanakramguda include:
- Prestige High Fields Apartment
- North Star District 1 Apartment
- Pacifica Hill Crest Phase 2 Apartment
- The Olympus Apartment
- Capital 45 Apartment
- Yoo Hyderabad Myscape Apartment
- Western Springs Apartment
- Myscape Otomo Apartment
Conclusion:
In conclusion, Nanakramguda is an excellent choice for those looking for a high-end residential property or office space in Hyderabad. The area’s excellent social infrastructure, world-class amenities, and excellent connectivity make it an ideal place to live and work. The area’s real estate prices have appreciated significantly over the years, making it an attractive investment opportunity for those looking to invest in Hyderabad’s real estate market. The government plans to develop the area further, positioning Nanakramguda as one of Hyderabad’s most sought-after residential and commercial hubs in the coming years.