Kukatpally sits high on the rental graph

Demand for rental accommodation is high in the area due to its proximity to Hitec City. Though the area is plagued by problems like water scarcity, residents hope they will be resolved soon

April 09, 2013 11:44 pm | Updated November 16, 2021 10:10 pm IST

The area is inhabited by middle and upper middle-class people and there are a number of upmarket schools too. -Photo: Nagara Gopal

The area is inhabited by middle and upper middle-class people and there are a number of upmarket schools too. -Photo: Nagara Gopal

Proximity to Hitec City, a vibrant commercial market and relatively peaceful environs brought Kukatpally back into the spot as the most sought after residential area in the city.

The demand for rented premises in this area is very high; in fact, even getting a house on rent is difficult, KPHB Phase-III Residents Welfare Association president Ravinder Goud said.

The area is plagued by quite a few problems like road congestion and water scarcity, but most people hope that these will be resolved soon and this is creating huge demand in the area.

The Kukatpally-Hitec City flyover is slated for inauguration later this month and once this RoB is inaugurated, there could be significant reduction in traffic congestion, particularly for those going towards the Hitec City, local residents observed.

Demand grows

The area would also get further boost once projects like Krishna Water Project Phase-III and Hyderabad Metro Rail are completed because of which the demand for house rentals are also high in the area, G. Krishna Murthy, a resident said.

“I am paying Rs. 11,000 for a two-bedroom apartment and still do not have facilities like proper water supply or a car parking,” he said.

Since there was no proper regulation, the rentals too were not uniform in the area, he said.

“My colleague stays in a nearby block and pays lower rent than what I shell out. Most owners demand rent as per their own whims and fancies,” he complained. Yet, neither Mr. Murthy nor his colleague wants to move out of Kukatpally because of its peaceful environs.

“Even when the city is rocked by agitations, Kukatpally area is usually peaceful. The area is mostly inhabited by middle and upper-middle class employees because of which squabbles among residents are rare. There are also a fair number of good quality schools making it an ideal place,” he added.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.