When the real estate boom was engulfing Hyderabad in a big way few years back, many started pumping their income into this field. In this process, some became crorepatis overnight and some have managed to get some really valuable assets. One of the prime areas in that aspect is Kokapet.
Today, Kokapet has become a major hub for development with all new infrastructure and here is the interesting part. It is heard that a major share of the properties are owned by celebrities from Tollywood. Sources say many filmnagar folks put their investment in this area during the boom time.
For instance, the building which houses the prestigious Tata Institute of Fundamental Research is owned by Allari Naresh and reports say he gets a fat pay as rent. Similarly, many Tollywood celebrities have rented out their properties in Kokapet and are reaping the benefits.