- Over the last five years, Gachibowli has added around 10,900 housing units. Around 32% of the current supply was added in 2016 itself, indicating the recentness of residential developments.
- Working professionals from nearby IT-ITeS and BFSI companies find it convenient to reside at Gachibowli. As the region primarily caters to the requirements of the junior-to-mid level employees, 66% of the supply came in the mid-range INR 40-80 lakh price bracket.
- The presence of a significant unsold inventory (5,500 units as of Q4-2017) led to a decline in fresh supply in 2017, and the developers active here are focusing on existing project execution.
- Approximately 33% units (around 3,600) of the total supply since 2013) are in ready-to-move-in stages. This indicates that the region has a good execution track record.
- Around 48% (5,200) of the total supply since 2013 is likely to complete in 1-2 years, and around 12% (nearly 1,400 units) is likely to complete in less than a year. Hence, nearly 6,800 units (~60%) of the total supply will be pumped into Gachibowli in less than two years.