Overview of Kompally, Hyderabad

Kompally, found in Hyderabad's North Zone, is a fast-growing residential area attracting much attention lately thanks to its infrastructural progress and prime location.

Location and Connectivity

• Kompally, nestled near major areas, boasts excellent connectivity.
• Its proximity to the Outer Ring Road (ORR) makes it highly accessible and appealing.

Property Prices

• Residential buildings start around Rs. 960 per square foot, with an average of Rs. 6,434 per square foot.
• Price ranges widely from Rs. 3,225 to ₹26,000 per square foot, appealing to diverse buyers.

Market Trends

• Property rates in Kompally dropped considerably over the last year by 34.85%.
• However, it remains a good choice for both investors and regular individuals, showing a good time to buy or sell properties.

Types of Properties Available

• Apartments: Available in various price categories and come with amenities.
• Independent Houses: Features like villas and developed plots available.
• Builder Floors: Modern amenities and affordable rates.

Rental Market

• 2 BHK Flats: Monthly rents are from Rs. 13,900 to Rs. 25,500.
• 3 BHK Flats: Monthly rates vary from ₹12,000 to ₹40,000.
• Many rentals come with no brokerage fees, posted directly by owners.

Infrastructure and Amenities

• Facilities include concrete roads, flyovers, foot overbridges, metro parks, and underground drainage.
• 24/7 power supply and a range of schools, supermarkets, eateries, gym centers, and banks contribute to a desirable living area.

Growth Potential

• The area is quickly expanding because of ongoing and upcoming projects like IT parks and the Outer Ring Road.
• Kompally is looking like a good spot for both residential and commercial investments.

PropertyWala's Conclusion

Kompally, Hyderabad, blends affordability, good infrastructure, and promising growth, which makes it a smart pick for renters and buyers. Close to essential services, a developing infrastructure, and a variety of property types mean it’s a great choice for those wanting to invest or live in a rapidly expanding neighborhood. Despite recent price drops, Kompally's future looks good in Hyderabad's real estate market.