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A Walk Down Hyderabad Property Avenue

8 Comments   |   May 21, 2007    02:40pm   |Contributed by Indian Realty News

Real Estate In HyderabadHyderabad, 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:

Hyderabad - North Suburbs Property Rates

Location Residential
Komapally 1600 - 1850
Medchal 1500 - 2000
Bowenpally 2000 - 2200
Trirumelgherry 2500 - 3000
Sindhi Colony 2500 - 3000
Alwal 2000 - 2300
Shamirpet 1400 - 1500


Hyderabad - East Suburbs Property Rates

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


Hyderabad - New Central Property Rates

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


Hyderabad - South Suburbs Property Rates

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


Hyderabad - West Suburbs Property Rates

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 | 8 Comments »



8 Responses to “A Walk Down Hyderabad Property Avenue”

Indian Realty News Says:  |  December 27th, 2006 at 10:35 am  

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

shankar Says:  |  August 25th, 2007 at 10:51 am  

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

AF Says:  |  September 5th, 2007 at 7:05 pm  

Hi,

Thanks so much for the information. Much Appreciated.

AF

jahanavi Says:  |  September 26th, 2007 at 3:24 pm  

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

kalyan Says:  |  September 27th, 2007 at 1:19 pm  

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.

ratna Says:  |  September 27th, 2007 at 1:21 pm  

i heard the real estate prices in pearl city dipped,can u give me the details of the prevailing market rates

madhubalan Says:  |  January 29th, 2012 at 8:52 pm  

pl tell what is the current land rate in medchal?location is behind medchal railway station.

basheer Says:  |  February 24th, 2012 at 8:56 am  

i thought these prices are for 1 squareyard of apartment space