| May 21, 2007 | |
Hyderabad, primarily known as the ‘City of Pearls and Minars’, is the fifth largest metropolis of India. Today, eyes of potential investors are set on Hyderabad which is staying in step with the overall property market trend existing in the country. Despite all odds, the city is improving in good deal of activities.
Hyderabad real estate scenario has changed fast over a period of time. Most of the demand especially for the commercial property comes from the IT companies which prefer Hyderabad over any other cities in the country. With the entry of global players like Microsoft, Oracle, Bann Info, Satyam Computers, and many others, Hyderabad property market structure has certainly undergone a paradigm shift.
Hyderabad property rates have spiralled and in some of the prime locations they are quoted 30 to 40 per cent more. The prices which once used to be around Rs 500 per sq ft during 1991-1992, has shot up to Rs 2,000 per sq ft.
For the latest residential property rates in different parts of the city, check out the statistics given below:
| Location | Residential |
|---|---|
| Komapally | 1600 - 1850 |
| Medchal | 1500 - 2000 |
| Bowenpally | 2000 - 2200 |
| Trirumelgherry | 2500 - 3000 |
| Sindhi Colony | 2500 - 3000 |
| Alwal | 2000 - 2300 |
| Shamirpet | 1400 - 1500 |
| Location | Residential |
|---|---|
| Sanikpure | 1800 - 2000 |
| A.s rao nagar | 1600 - 1800 |
| Ecil | 1500 - 1600 |
| Moulali | 1500 - 1600 |
| Nereidmet | 1450 - 1600 |
| Mejalguda | 1500 - 1650 |
| Lallapet | 1500 - 2000 |
| Tarnaka | 2500 - 3000 |
| Habsiguda | 2200 - 2800 |
| Location | Residential |
|---|---|
| Banjarahills | 5500 - 6500 |
| Jublihills | 5500 - 7500 |
| Begumpet | 4500 - 5000 |
| Somajiguda | 3500 - 4500 |
| Punjagutta | 3500 - 4500 |
| Sec-bad | 2500 - 3500 |
| Gandhinagar | 2500 - 2800 |
| Himayathnagar | 2500 - 3500 |
| Narayanguda | 2000 - 2500 |
| Koti | 1800 - 2200 |
| West Marredpally | 2500 - 3500 |
| East Marredpally | 2200 - 3000 |
| Location | Residential |
|---|---|
| R. K Puram | 1600 - 1750 |
| L. B Nagar | 1450 - 2000 |
| Dilsuknagar | 2500 - 2800 |
| Nagole | 1550 - 1800 |
| Kothapet | 1550 - 1800 |
| Malakepet | 2500 - 2800 |
| Saidhabad | 1500 - 1800 |
| Maruthinagar | 1600 - 1800 |
| Chaithanyapuri | 1450 - 1800 |
| Location | Residential |
|---|---|
| Madhapur | 4000 - 4500 |
| Hi-tect City | 3500 - 4200 |
| Kondhapur | 3500 - 4000 |
| Miyapur | 2600 - 3000 |
| Chandhapur | 2000 - 2600 |
| Gachibowli | 2800 - 3400 |
| Nanakramguda | 3600 - 4000 |
| Tellapur | 2300 - 2800 |
| BHEL | 2200 - 2500 |
** Price as per the market value in May ’07
** Property Rates are subject to change due to market vagaries and may differ by virtue of location and project, depending and facilities and other factors.
News Published Under: Hyderabad, Property Prices |
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Dear Readers,
We thank you for your quick response and productive suggestions. The city specific articles give you additional information on prevailing real estate trends and are intended to assist you in finding answer to your queries.
We have tried our level best to scout every reliable source to provide you with the correct data for property prices that you can count on. If you have any information to bring the improvements in chart, add your suggestions to the comment section.
Thanks
Editor
Dear Sir,
The May 07 property rates for Hyderabad given in your site are ridiculuously low and way off the market values - any body even with a smattering accquaintance with Hyderabad will be able to confirm this to you - please check your sources and give the public visiting your site a reasonably correct picture of the prevailng position.
Best regards,
Shankar
Hi,
Thanks so much for the information. Much Appreciated.
AF
I heard the real estate prices have gone down in hyderabad recently ? Can u tell me whats the prevailing in hitech (madhapur and kondapur areas ).
Thanks
hello, the real estate prices in hyderabad are far low when compared to the other metros in india,so there is no need to worry.
i heard the real estate prices in pearl city dipped,can u give me the details of the prevailing market rates