Skylar Grand LillySkylar Grand Lilly

Kompally: A Well-Known Residential Hub in Hyderabad

Kompally, a prominent residential area situated in Hyderabad, is renowned for its reputable schools, educational institutions, and hospitals. It offers a multitude of amenities, including restaurants, banks, and utility shops, making it an extremely convenient place to live. Among the residential projects in Kompally is Skylar Grand Lilly, developed by Skylar Builders. This project features 2 and 3 BHK apartments ranging from 1,087 to 1,227 sq ft. With 15 units and 1 tower, the project is currently under construction and set to be ready for possession from April 2024. The price range starts from 45 lakh.

Skylar Grand Lilly is designed to provide residents with a comfortable living experience, offering a range of necessary amenities. The complex includes closed car parking areas, electrical meter rooms, sub-stations, regular water supply, well-lit internal roads, stormwater drains, and other essential facilities. Waste management is also prioritized, with proper arrangements for solid waste disposal.

One of the standout features of Skylar Grand Lilly is its beautifully landscaped garden, providing a serene and peaceful environment for residents. The project also offers facilities for indoor games, CCTV cameras for security, a swimming pool, a gymnasium, a children's play area, and a rainwater harvesting system. Additional amenities include a clubhouse, tennis court, cricket court, basketball court, multi-purpose hall, guest house, and golf course. The project also emphasizes the importance of health and well-being by providing facilities like a yoga, aerobics, and meditation room.

Hyderabad has emerged as a thriving real estate market in India, and Kompally is no exception. Several factors contribute to the positive growth of the real estate sector in Hyderabad. The formation of Telangana in 2014 brought about a positive outlook for the city. The rise of the IT industry in Hyderabad has resulted in numerous job opportunities, attracting professionals from all over the country. As a result, the demand for residential properties in the city has significantly increased.

Moreover, Hyderabad boasts well-developed infrastructure, including roads, transportation, and connectivity, which has played a significant role in the growth of the real estate market. The city's strategic location and availability of land have also encouraged developers to undertake new projects in Hyderabad.

In recent years, Kompally has witnessed a surge in the number of residential projects due to its growing popularity and attractive offerings. With its reputable schools, amenities, and convenient location, Kompally is indeed a prominent residential hub in Hyderabad.Property prices can fluctuate significantly depending on market conditions. In some cases, prices may inflate due to high demand, limited supply, or speculative investment activity. Conversely, prices can deflate due to economic downturns, oversupply, or changes in government policies.