Kothaguda, located in the western part of Hyderabad, is a rapidly developing suburban locality known for its excellent connectivity and modern amenities. The area offers a wide range of housing options, from luxurious gated communities to budget-friendly apartments, catering to diverse preferences and budgets. In April, Bollineni Bion led real estate transactions, highlighting the area's appeal to both luxury and value-conscious buyers. With its strategic location along the Outer Ring Road, proximity to schools, hospitals, and shopping centers, and a blend of urban and natural environments, Kothaguda is poised to become a prime residential hub in Hyderabad.
Kothaguda is a suburban residential locality situated in the western part of Hyderabad, Telangana, India. It lies along the Outer Ring Road, providing convenient connectivity to other areas of the city. This rapidly developing area has witnessed significant growth in recent years, with the construction of numerous gated communities, apartments, and villas catering to a diverse population.
Kothaguda boasts a range of amenities, including schools, hospitals, shopping centers, and parks, making it an attractive destination for families and working professionals alike. Despite its urban setting, the locality retains pockets of greenery, offering residents a respite from the bustling city life. As Hyderabad continues to expand, Kothaguda is set to become an increasingly sought-after residential hub.
In April, Bollineni Bion led the way by closing the highest number of deals in Kothaguda. This was followed by Asian Suncity which managed to register 3 deals and the rest of the other buildings helped by registering a single transaction. Developer sale transactions had the upper hand over Resale transactions as they contributed 78% and 22% respectively.
On the high end, we have Bollineni Bion which commanded a price tag of INR 3.22 crores, attracting luxury homebuyers. Conversely, a budget-friendly option in Sri Sai Sree Enclave was available for close to INR 21.90 Lakhs, providing an excellent opportunity for value-conscious buyers.
The apartment sizes varied greatly, with the largest unit spanning 3,713 square feet in Bollineni Bion and the smallest being 782 square feet in Sri Sai Sree Enclave. This versatility ensures that Kothaguda caters to wide preferences of buyers, from families seeking spacious homes to individuals preferring compact living spaces.
Prices per square foot in Kothaguda ranged from INR 2,562 to as high as INR 9,619 with an average of around INR 6,002. Most apartments sold were in the coveted 1,000 - 2,000 square feet range. However, close to 40% were between 2,000 - 3,000 square feet. There was a single apartment sold in the range within 1,000 square feet. There were 3 apartments constituting around 10% lying between 3,000 - 4,000 square feet.
Close to 50% of the apartments sold in April fell within INR 1 crore range. In the INR 1 - 2 crores there were sales comprising around 45%. There were 3 apartments which crossed INR 2 crores out of which 1 of the apartments even closed above INR 3 crores.
In conclusion, Kothaguda is rapidly emerging as a prime residential locality in Hyderabad, offering a diverse range of housing options to suit various preferences and budgets. The area's robust real estate activity in April, highlighted by significant transactions in developments like Bollineni Bion and Asian Suncity, reflects its growing appeal among luxury and value-conscious buyers. With its strategic location, excellent amenities, and balance of urban convenience and natural greenery, Kothaguda is set to become an increasingly sought-after destination for families and professionals alike.
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