Close to the CBD, Alkapur Township attracts professionals and business families as many new projects are available in the area.
Alkapur Township is a well-planned area of Hyderabad. It enjoys close proximity to some of the prime localities of the city including Hitec City, Gachibowli, Jubilee Hills and Banjara Hills. You can get ample options at affordable rates for both 2 and 3BHK units here. Villas and residential houses are also available. This area is pollution free and houses IT professionals along with celebrities from the Film and TV industry.
The locality has several new residential projects offering 2 and 3BHK flats at affordable rates. You can also buy premium properties with higher prices, depending on the amenities and projects.
Commenting on the upcoming township, Ramesh Naidu, who owns a real estate brokerage firm in the area, said, “This area has many new projects and a township coming up. The locality attracts buyers searching for properties at affordable rates.”
The internal roads of Alkapur Township are wide and well-lit. There is no straight connectivity to this area. “A 100-meter road was planned to connect Mehdipatnam to Gachibowli via Alkapur Township between Radial Road 4 and 5. Though it got approved by the government a long time back but work has still not started,” said Ramana Rao, a real estate agent active in the area.
Work on the Radial Road 5 is also only 50 percent complete. Cabs are easily available in this area. You can also find 7- seater autos but there is no local train station. The Rajiv Gandhi International Airport is 27-km and the Secunderabad Railway Station 22-km from here.
Water logging and drainage are the key issues of this locality especially during the monsoon season. “Authorities are not paying attention to resolve this problem. Residents are paying taxes but water-logging is a problem. Water supply is also not regular as it is available only for 1-hour on alternate days,” said Naidu.
The social and physical infrastructure are in a nascent stage. Owing to its location and affordability, this area is attracting buyers. In the last couple of years, this locality is witnessing uptrends in property prices. Before buying you must do your own due diligence on prices, location and facilities.