10 lakh jobs in next 5 years Reason for demand for Kokapet

10 lakh jobs in next 5 years Reason for demand for Kokapet Hyderabad – Kokapet holds a unique position in the IT and real estate sector. Or rather, a standard parameter might be a better way to put it! In just fifteen years, this area has developed beyond anyone’s imagination. From the days when people would scoff, saying “What’s there? Mountains… barren land,” Kokapet has transformed into a role model for development, where if you own land, you’re practically a millionaire. So much so that the leaders and governments promise to develop regions like Kokapet, to emulate its growth. How did this transformation happen? The journey of Kokapet is truly interesting. Why is Kokapet so sought after by both companies and buyers? Let’s take a look at the kind of developments that are set to unfold in the future.

Kokapet immediately brings to mind land that is valued at hundreds of crores per acre. This rare feat, which is not possible even in most of the busiest metro cities, belongs exclusively to Kokapet. The competition among real estate companies to acquire land here has taken Kokapet’s value to new heights. The massive development happening here, with towering skyscrapers rising one after another, has transformed Kokapet into the most sought-after area. In Kokapet, land is worth more than gold. Not just for real estate companies, but for governments too, this region has become a goldmine.

When land is being auctioned off to fill the treasury, it speaks volumes about the value of land here. Kokapet’s value is already soaring, reaching new heights. But what does the future hold? Will the development here break new grounds? Is it favorable for residents? Being located next to Neopolis, with limited vacant land left in the IT corridors of Madhapur, Gachibowli, Rayadurg, and Nanakramguda, companies are now focusing their attention on Kokapet. In the next five years, HMDA is implementing special plans to provide world-class infrastructure, aiming to accommodate nearly 10 lakh people working in Kokapet.

Kokapet, once a remote village in the Gandipet mandal of Rangareddy district, used to be a place with unfinished construction, poor roads, scattered crop fields, and mostly hilly and rocky terrain. The land was arid, with water dried up and left in barren fields. Even until 15 years ago, Kokapet remained the same. But today, Kokapet is the benchmark for development. With skyscrapers reaching for the skies, multinational companies setting up their offices, wide roads, and excellent connectivity, Kokapet has transformed in a way that one might wonder how such a drastic change happened so quickly. Perhaps even the locals never imagined that their area would grow this rapidly.

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Kokapet’s proximity to the IT Corridor became its fortune. The IT development in Hyderabad, starting with HiTech City and expanding through Madhapur, Gachibowli, Nanakramguda, and the Financial District, eventually reached Kokapet. Companies and employees preferred to stay close to the IT hubs, but with limited space available in the city, Kokapet became the ideal choice. With a demand like never before in Telangana, Kokapet has now emerged as the richest area in Hyderabad.

Kokapet is commonly associated with land values reaching up to ₹100 crores per acre, and it has become the go-to destination for real estate. For those seeking a luxury and peaceful lifestyle, Kokapet is the preferred place. Surrounded by landmarks like Gandikota Lake, Outer Ring Road, Financial District, and towering skyscrapers, the area is dotted with gated communities, all nestled around the scenic Kokapet Lake. The numerous attractions in and around Kokapet, including the neighboring Neopolis, make it a place to behold.

Given its elevated location, Kokapet is considered one of the most suitable areas for residential purposes. This has transformed the region into a real estate stronghold. Prominent Hyderabad builders such as SASS Infra, Paulomi, Rajpushp, and My Home are developing luxury projects in Kokapet. While land prices here were good even before the IT development, the real transformation happened after the area began to develop rapidly. Today, land in Kokapet is as coveted as a hotcake.

One more reason for Kokapet’s name resonating at such a high level is the Neopolis layout. Neopolis, which means “new city” in Italian, has completely transformed this area. The development initiated by HMDA in this region is nothing short of impressive. The layout is just one aspect of it, but it genuinely feels like a new city is being constructed here. When you step into this area, you might find yourself wondering if you are still in Hyderabad or if you’ve somehow entered a foreign country. Hundreds of crores have been spent on infrastructure, and world-class facilities have been set up here.

The Neopolis project, which is developing within a Special Economic Zone, is a greenfield project that includes wide roads of 36 and 45 feet, underground power cables, drinking water and drainage lines, street lights that illuminate the surroundings, and parks – all designed with cutting-edge modern models. This area holds up to any world-class city.

In the land surrounding Neopolis, numerous high-rise buildings are coming up, ranging from 30 to 59 floors. These buildings will include commercial spaces, office spaces, and gated community villa projects, making it a highly sought-after area for both residential and commercial purposes.

One of the main reasons for the high demand in Kokapet is its geographical location. Being situated in the West Zone of Hyderabad, and most importantly, being adjacent to the IT Corridor, has significantly increased Kokapet’s value. Core areas like HiTech City, Gachibowli, Madhapur, and the Financial District are all just a stone’s throw away from Kokapet. This proximity has made Kokapet the most sought-after area for both employees and companies.

The connectivity is another key factor. The area is well-connected by ORR (Outer Ring Road) and Triple R, providing excellent access to various cities such as Mumbai, Nagpur, Warangal, Vijayawada, Srisailam, and Bangalore. Additionally, Neopolis has excellent connectivity to other parts of Hyderabad. The ORR is just a 2-minute drive away, while the Financial District is only 5 minutes, and Hitec City and Shamshabad Airport are accessible in just 20 minutes. The metro extension up to Kokapet has also been announced by both the previous and current governments.

Around Kokapet, there are international schools, multi-specialty hospitals, and entertainment zones, creating a comprehensive and luxurious environment. And this is just the beginning. In the future, even greater development is expected in this area, which is not just an estimate but a visible reality. With all these amenities and facilities available, who wouldn’t want to live in Kokapet? That’s why land in Kokapet is worth millions.