Best Residential Areas In Hyderabad

best-residential-areas-in-hyderabad

The real estate market in Hyderabad has seen tremendous growth in the past few years. The traditional sentiment of Indians to own a house or flat and increased purchasing power are the results of this growth. Here is the list of Best residential areas in Hyderabad to buy a residential property to stay or as an investment.

Gachibowli:-

Gachibowli is the suburb of Hyderabad which has emerged as a significant IT hub with the presence of many leading IT companies. Its proximity to IT companies has makes Gachibowli a preferred residential location for IT employees.

Key Education institutes that are located in Gachibowli are the Indian School of Business(ISB), International Institute of Information Technology(IIIT), Engineering Staff College of India(ESI), Maulana Azad National Urdu University(MANUU), NASR Boys School, Phoenix School, Kendriya Vidyalaya Gachibowli.

Gachibowli is 25 km to Rajiv Gandhi International Airport and is well connected to the airport via the outer ring road. The nearest Railway station to Gachibowli is Lingampally, which is 10 kilometers from Gachibowli.

Properties in Gachibowli are priced between Rs 5000 to Rs 6000 Square feet. A 2 bhk flat of 1200-1400 sq.ft area will cost approximately Rs 80-85 lakh and a 3 bhk flat of 1800 sq.ft area will cost approximately Rs 95 lakhs to 1 crore.

Rent of a 2 bhk flat ranges from Rs 20000 to Rs 25000 and a 3 bhk flat ranges from Rs 25000 to Rs 30000.

Madhapur:-

Madhapur is a center for Information Technology activity in Hyderabad with a large number of IT and ITES companies establishing their offices in and around Madhapur. It is also a preferred destination for international conferences and the meetings take place at Hitex convention center, Hotel Westin and Hotel Novotel.

Key Education Institutes that are located in Madhapur are the National Institute of Fashion Technology(NIFT), Meridian International school, CGR international school. For spending leisure time you can visit Inorbit mall or PVR ICON mall for shopping, to have food or to watch a movie.

Madhapur is well connected to other parts of Hyderabad through the bus, metro rail, and local train services. Nearest railway station to Madhapur in Hitech city station which is 4 kilometers from Madhapur.

Properties in Madhapur are priced between Rs 6000 to Rs 7000 Square feet. A 2 bhk flat of 1200-1400 sq.ft area will cost approximately Rs 95 lakh and a 3 bhk flat of 1800 sq.ft area will cost approximately Rs 1 crore 10 lakhs.

Rent of a 2 bhk flat ranges from Rs 20000 to Rs 25000 and a 3 bhk flat ranges from Rs 25000 to Rs 30000.

Kondapur:-

Kondapur is a residential hotspot of Hyderabad and home to major tech giants google and oracle. The government initiative to upgrade various infrastructure works like multi-level flyover at the botanical garden and grade separators at the kothaguda junction will improve connectivity, reduce traffic snarls and boost real estate growth.

Schools that are located in Kondapur are Chirec Public school, Sanskriti school, Vignan school, and Maharishi vidya mandir. For leisure time you can visit the Sharath Capital city mall, Botanical garden or the palapita cycling park.

Properties in madhapur are priced between Rs 4500 to Rs 5000 Square feet. A 2 bhk flat of 1200-1400 sq.ft area will cost approximately Rs 70 lakh and a 3 bhk flat of 1800 sq.ft area will cost approximately 85 lakhs.

Rent of a 2 bhk flat ranges from Rs 15000 to Rs 20000 and a 3 bhk flat ranges from Rs 20000 to Rs 25000.

Leave a Reply

Close Menu