Pocharam: The Next Big Thing in Hyderabad Real Estate?
Pocharam is the first preference of most new investors in residential properties in the east of Hyderabad. It is an evolving location and has a lot of benefits. It is the IT hub of Hyderabad that is home to a lot of residential as well as commercial properties.
In fact, the government also took up a “Look East” initiative which encourages IT companies to set up in the eastern part of Hyderabad. This area houses the Infosys Pocharam SEZ and the Raheja Mindspace IT park.
Hence, Pocharam is a prime location where people are increasingly moving towards because of its easy connectivity to surrounding areas such as Habsiguda, AIIMS Bibinagar, and Tarnaka. This is going to be an attractive factor for buyers looking for a well-developed residential community with all the amenities in place.
Watch the following interview with Ajitesh Korupolu – CEO, ASBL talking about the real estate scenario in Pocharam and the growth prospects
Great Connectivity
The one reason why location is such a big factor for residential communities is because of the convenient commuting to nearby areas. Pocharam is an ideal location for residential communities due to its excellent connectivity. Its convenient commuting benefits are attributed to the well-connected roads and rail network. The Warangal highway, which runs through the heart of Pocharam, is a major road that connects the location to various surrounding areas. Moreover, with the Uppal Elevated Corridor flyover being expedited by the government, the connectivity of this location is expected to improve significantly. This new infrastructure will make commuting even more convenient, and it will attract more people to live in the area.
In addition to the road network, Pocharam has easy commuting prospects via rail as well. The Ghatkesar Railway Station is situated close to the location, providing easy access to nearby areas. The Uppal Metro station is also located nearby, making commuting to different parts of the city more accessible. The Warangal Highway, which connects Pocharam to the Nehru Outer Ring Road, further enhances its connectivity, making it an ideal location for residential communities.
In conclusion, Pocharam’s excellent connectivity through well-connected roads and a robust rail network make it an attractive location for residential communities. The Upper Elevated Corridor flyover’s expedited construction by the government is a testament to the area’s development and growth. Moreover, the proximity of the Ghatkesar Railway Station and Uppal Metro station provides easy commuting prospects for residents. With all these factors combined, Pocharam is undoubtedly an excellent location to live in.
Controlled traffic in Pocharam
The Warangal Highway offers a significant benefit of decongesting traffic flow in East Hyderabad. The centrally located areas of East Hyderabad have been a hotspot for traffic congestion, causing inconvenience to locals, especially those living in Uppal and Pocharam. To address this problem, the Upper Elevated Corridor flyover project was initiated.
However, with the connectivity of the Warangal Highway, traffic concerns in these areas can be substantially reduced, providing an easy and faster way of reaching the centrally located areas. This is a significant advantage for residential properties in this location. As traffic congestion decreases, it becomes easier for people to access various facilities and amenities, making it an attractive location for those looking to buy or rent a home. Furthermore, the reduced traffic also improves the overall quality of life, making it a more desirable location to live. Hence, the Warangal Highway’s ability to control traffic is a significant benefit that adds value to the residential properties in the area.
Value of Properties in Pocharam
The “Look East” initiative by the government of Telangana is expected to boost the real estate market in Pocharam, Hyderabad. The area is already seeing a rise in rental values, and the future of IT hubs is moving towards the east, which is where Pocharam is located. This, coupled with the development of the Warangal highway, is making Pocharam an attractive destination for investors and buyers.
Pocharam is an excellent place for affordable residential properties. It has good traffic control and flyovers that connect it to nearby areas. There are also a number of luxurious gated communities coming up in the area, such as ASBL Springs. This project offers state-of-the-art amenities and 72% open space, making it a highly desirable option for buyers.
The value of properties in Pocharam is expected to rise significantly in the coming years. According to a recent report by PropTiger, the average property price in Pocharam is Rs. 3,500 per square foot. This is expected to increase to Rs. 5,000 per square foot by 2023.
Here are some other relevant facts about Pocharam:
- The population of Pocharam is expected to reach 1 million by 2030.
- The area is home to a number of IT companies, including Infosys, Wipro, and TCS.
- The Warangal highway is being expanded to six lanes, which will improve connectivity to Pocharam.
- The government is planning to develop a number of infrastructure projects in Pocharam, including a metro station and a shopping mall.
Overall, Pocharam is a promising investment destination for those looking for affordable residential properties in Hyderabad. The area is well-connected, has a growing population, and is home to a number of IT companies. The value of properties in Pocharam is expected to rise significantly in the coming years, making it a wise investment for the long term.
ASBL Springs in Pocharam, with all the amenities you’ve always wanted.
The LEAP Factor
The Telangana government has a plan called the “Look East Policy” (LEAP) to encourage IT and other companies to set up offices in the eastern part of Hyderabad.
Because of LEAP, eastern Hyderabad is quickly developing and new homes are being built to meet the growing demand. Pocharam is a great place to invest in because it’s near important roads like the Outer Ring Road (ORR) and big IT areas like Gachibowli, HITEC City, and Madhapur.
If you’re looking to invest in real estate in Hyderabad, you should consider the opportunities available in East Hyderabad with LEAP!
Better management of the road infrastructure has led to locations like Pocharam and Uppal in East Hyderabad to be the top choice for offices. Hence more people are likely to move to this part of the city. This is where residential properties will boom in the eastern side of Hyderabad compared to other locations where connectivity might still need an upgrade like this.
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Pocharam is famous for its wildlife sanctuary, which is home to a variety of animals, including deer, antelope, and birds. It is also known for its scenic beauty, with lush green forests and a lake.
Pocharam is also famous for it’s rapidly developing IT landscape including the India’s biggest Infosys SEZ and Mindspace