Kokapet, situated in the western region of Hyderabad, has emerged as a thriving hub for commercial real estate. Over the past 5 years, property prices in this area have witnessed a substantial rise. This growth can be attributed to several factors, including continuous infrastructure improvements and an influx of investments from renowned developers focused on delivering high-quality projects.
Kokapet has become a sought-after commercial investment destination because of its proximity to Gachibowli, HITEC City, and Madhapur. There are good returns on investment as developers here concentrate on high-quality commercial projects for office and retail spaces. Because of its proximity to all the key locations in Hyderabad, it offers good opportunities for rental revenue as well.
According to recent data, out of 9,390,000 sf of office space, 1,210,000 sf was leased out in the last 12 months.
What Makes Kokapet a Thriving Commercial Hub?
Due to its advantageous location near Hyderabad’s busy business areas, Kokapet is a thriving commercial hub. Its economic sustainability is further guaranteed by the growing IT and ITES sectors, a varied business environment, and a lively blend of residential and corporate buildings. Let’s look at the things that make Kokapet a top choice for your upcoming commercial real estate venture.
Excellent Location and Connectivity
Kokapet’s strong connectivity and advantageous location contribute significantly to its appeal as a residential and commercial hub. This location provides easy access to the Rajiv Gandhi International Airport, Madhapur, and leading business parks. Other main roads within and beyond Kokapet are Kokapet Main Road, Pipe Line Road, Shankarpalli-Hyderabad Road, and Shanthinagar Road, further providing free flow of traffic in and out of Kokapet.
Besides, the Hyderabad Deccan Railway Station is located quite close to Kokapet, about 18 km through the Shankarpalli-Hyderabad Road. This increases connectivity with the broader transportation network. Apart from making Kokapet a cool place to stay, this makes it an attractive place for property investment. Improved access to key employment hubs coupled with strong connectivity makes the area highly rentable, which will make it an attractive investment option for those looking for excellent returns.
Infrastructure and Development
Kokapet’s real estate market is about to take off thanks to a plethora of ongoing infrastructure projects and the construction of a new metro corridor. Due to ongoing initiatives like the projected Elevated Bus Rapid Transit System and the Hyderabad Airport Metro Line, as well as other ongoing changes, Kokapet’s real estate landscape has witnessed a major change.
The elevated Bus Rapid Transit System promises an escape from traffic and an improvement in the area’s livability, while the metro if properly integrated, promises improved connectivity to the major hubs. The improvements above have the potential to alter Kokapet’s growth trajectory and draw in more investors to its commercial real estate market.
Over the previous five years, Kokapet has experienced a considerable increase in demand for office space. The GAR Laxmi Infobahn, one of the most well-known developments, provides contemporary office spaces that meet the needs of businesses and employees.
Excellent Rental Yields
Kokapet’s high rental returns are mostly due to its strategic location around key employment hubs, such as Gachibowli, Hi-tech City, and Madhapur. Tenants seeking accessibility find it appealing because of its convenient access to main thoroughfares and the upcoming metro line, which will improve connectivity.
The location is also developing in terms of facilities and infrastructure. The rental scene is diverse and accommodates a range of tastes and budgets because of the residential and business parts. It makes sense that these kinds of properties would have a greater average return on investment due to increased rental demand.
In a recent transaction, Guru Gowri Krupa Technologies leased 43,129 sf of office space in GAR Laxmi Infobahn for Rs. 46 psf in November 2023.
Let us look at the top 5 tenants who have rented office spaces in Kokapet.
| Tenants | Average Rental (Chargeable) INR/sf |
| Amazon Retail | 52 |
| Guru Gowri Krupa Technologies | 49 |
| Pepsico Global Business Services India | 47 |
| Alstom | 46 |
| Capgemini | 40 |
Recommended Commercial Properties in Kokapet
Kokapet’s advantageous location, strong infrastructure, and booming IT sectors contribute to its potential for development as a commercial hub. It continues to be a viable investment destination that will flourish in the years to come thanks to growing real estate demand and promising rental rates. One of the best commercial buildings available for lease in Kokapet is the GAR Laxmi Infobahn.
The next year will see the addition of 2,810,000 sf of office space in Kokapet. In the second and third years, respectively, this will rise to 5,400,000 sf and 3,120,000 square feet.
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