Property rates & trends in Pragathi Nagar, Hyderabad

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Pragathi Nagar, located only 20 min from the HITEC City, is a sought-after residential destination in Kukatpally district of Hyderabad. The locality is also well connected to Gachibowli – IT and financial district. Pragathi Nagar is well connected to other parts of the city as well by TSRTC buses and MMTS train service. In addition, the locality has easy access to the metro rail. Presence of good social infrastructure, excellent physical infrastructure and future growth potential makes Pragathi Nagar a real estate hotspot of Hyderabad.

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Summary

• Proximity to HITEC City
• Excellent connectivity to other parts of the city through TSRTC buses and MMTS service
• Proposed expansion of metro rail will further improve the locality’s connectivity

Key Growth Drivers

• Pragathi Nagar, a major residential hub in Kukatpally district, is a sought-after residential destination in Hyderabad
• Proximity to HITEC City (~ 20 min) – key IT hub of Hyderabad, has been a major growth driver for this region
• Gachibowli – a key IT & Financial district, is located 30 min away from Pragathi Nagar
• Excellent connectivity to other parts of the city with the Outer Ring Road being around 15 min away, TSRTC buses connecting Pragathi Nagar with various regions and the locality being served by MMTS train service
• The locality also possesses easy access to the Hyderabad Metro Rail
• Rajiv Gandhi International Airport is located 55 min away and is easily accessible
• Possesses good social infrastructure with presence of:
  • Educational institutions such as Gowtham Model School, Geetanjali Olympiad School, MNR Post Graduate College, Gokaraju Rangaraju College of Pharmacy, etc.
  • Hotels such as Vibe Hyderabad, Hotel Swagath Residency, etc.
  • Good hospitals such as Apollo Hospitals, Citizens Hospital, Life Spring Hospital, etc.

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Source: https://ecis2016.org
Category: Lifestyle