Kondapur is located in the Cyberabad information technology zone and in the last decade it has rapidly grown into a modern business hub. Google Hyderabad is in Kondapur.The region had a real estate and commercial zone expansion in last two decades (1996 - 2010). A subsequent over-supply of housing has led to a real estate price stagnation during the years 2010 to 2013, which however did recover from the year 2014. The ground-water is quite sufficient all through the year for the people staying in apartments, though the purchase of municipality water is required during certain summer seasons.
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