Exploring Kokapet Micro Market
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- čas přidán 18. 05. 2024
- Hello folks,
Kokapet - a name that has gained immense popularity over the last few years. Let us understand why consumers and businesses are making seeing this as a luxury residential neighborhood. In this video, we will focus on:
1) What makes Kokapet location unique?
2) Why is this area considered premium?
3) What prices can you expect here, especially for luxury projects?
Like always, please do like, share , comment and subscribe if you are have learnt a few things.
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#HyderabadRealEstate #HyderabadProperties #HyderabadHomes #RealEstateTrends #PropertyMarket #ResidentialProjects #IndianRealEstate #HomebuyingTips #InvestmentOpportunities #LuxuryLiving #ModernHomes #HyderabadLiving #RealEstateInsights
I think one of the major factors is that Kokapet is the last locality for apartments beyond which 111 GO restrictions come into effect. Since Fin. Dist. and Narsingi are already oversaturated, the city naturally sprawled to Kokapet/Gandipet areas. But because there is no further way to meet housing demand beyond this point, the FSI was increased, and subsequently the prices have also risen up sharply.
Hi there! Absolutely, that's an excellent point. This location is indeed unique, being the last major development before the GO111 zone and a good 20-minute drive from the nearest residential market. Plus, it's incredibly well-situated for reaching different parts of Hyderabad, making it super convenient.
Also there is influx of money from affluent buyers. They're definitely drawn to these new, expansive communities with easy access to the ORR, and this location fits that bill perfectly.
So after Kokapet is filled up, will developers concentrate on redeveloping brownfield sites in the centre and East of the city?
Hi Praj, very nice video with great analysis backed by good data. Bought at good price a duplex flat for personal consumption at Hallmark Treasor near to Neopolis, which has similar advantages uninterrupted Gandipet & Neopolis skyline views And relatively low traffic due to all Villa communities with several exit points. How do you see pricing in next 5 years once all Neopolis and Kokapet major projects construction is completed. I am also investing in Uber luxury Sumadhura Polis Royale, next to Myhome Avatar. Please share your thoughts on that.
Hi RamaKrishna,
Thank you for your comment! I'm glad you found the video useful. Congratulations on choosing Hallmark Treasor-it's an amazing project. The location is incredibly convenient, being close to a mall, numerous eateries, and banks. Most duplexes offer great views of the lake and surrounding villa communities.
Regarding pricing over the next five years:
From a macro perspective, India's GDP growth is projected to continue at 6-7%, with the economy expected to reach $7 trillion by the 2030s. Key metros, including Hyderabad, will significantly contribute to this growth, supported by favorable local policies. Specifically, in Neopolis and Kokapet, there's visible value creation with new offices, malls, schools, and eateries making the area self-sufficient and attracting affluent residents. While short-term fluctuations may occur, the long-term growth trajectory appears promising.
About Sumadhura Palais Royale:
In short, it boasts an amazing location with easy access to the ORR. Unlike Kokapet/Neopolis, it's more visible and less residential. Sumadhura has a solid track record, and their quality is evident in projects like Sumadhura Acropolis and Horizon. Palais Royale will undoubtedly be a step up with well-designed floor plans and a limited number of units (2/3) per floor.
I hope this helps! For further questions or engagement, feel free to reach out to Stonebridge Home Consultant.
How do you rate Beverly Projects here among all the 4 BhK and Higher Sft project..will this project have more demand in future or less demand with availability of so many super luxury and highersft project around.
Hey there! I suppose you are referring to Prestige Beverly Hills on Golden Mile Road?
If you're referring to that project, it's mostly a 3BHK community with 4BHKs limited to T1 and some in T2, around 2708 sqft. These are smaller compared to the ultra-spacious 4BHKs in Neopolis, Kokapet ORR, or Downtown, which exceed 5000 sqft (like SAS Crown, Poulomi Pallazo, DSR SSI Sonthalia Sky Villas, or My Home Grava).
However, the demand for the 2500-4000 sqft range in this area is growing, with a few projects offering similar sizes (mostly around 3500 sqft), like DSR SSI Classe, My Home Nishada, River Breeze by Pooja Crafted Homes, The Trilight, and more upcoming ones. This likely reflects a preference for practical, end-use homes alongside the massive ones.
Considering the existing supply for this size, Prestige Beverly Hills needs a unique selling point. Their advantage might be the prime location, the umbrella brand and relatively compact 4BHK layout compared to competitors.
I hope this extra info helps! Let me know if you have any other questions.
Great video , i bought a flat in 2019 here, its doubled now.. you missed ISKCON temple in progress beside onw town mall .Can you let me know if new 100 ft road from ISKON/Vertex panache to neopolis - is in progress, this will shape this more
Thanks Mr. Praveen. Glad to know that your investment has fetched good returns. You are right, I missed the upcoming ISKCON temple that is diagonally opposite to Prestige Tranquil and next to Fairmount Mall (not Downtown). I tend to focus mainly on Office, School, Hospitals and Malls. The temple should definitely add glory to the surroundings.
On the 100ft road - I recently visited and it looks like the foundational work is happening towards the golden mile road. Given that there are quite a few projects on this road, it hopefully gets built soon but looking at current progress, it seems like its going to take a while.