The realty industry of Hyderabad had reached its pinnacle post-2014 and has continued growing to make new records in the Indian real estate market. While most of the metropolitan cities like Mumbai MMR, Delhi NCR, Chennai, Bangalore, Pune or Kolkata had been struggling to dispose of their unsold inventories, Hyderabad’s residential units were flying off the shelf in no time.
However, there had seemed to have been a slight slump in the real estate market in Hyderabad due to political factors, but it gradually picked up pace once more. Here we have put together the top 4 locations in West Hyderabad that are the hotspots for residential living.
As the city pockets of Hyderabad got saturated over the years, the corridors along the Outer Ring Road (ORR) towards the western fringe of Hyderabad have gained momentum due to factors such as the latest development laws and modern amenities.
It is considered as a perfect locality for the IT populace of the city.
The area is labelled as one of the largest IT hubs in Hyderabad with the presence of leading Information Technology companies, Financial and Banking corporates.
Well-connected by road (Outer Ring Road and the Old Mumbai Highway) and rail (Lingampally Railway Station).
Renowned educational institutions such as the ISB, University of Hyderabad and IIIT are also located in the area.
Prominent Shopping malls and many five-star hotels have their address in this vicinity of the city.
State-of-the-art healthcare facilities include Continental Hospital, Srija Hospital, Himagiri Hospital and MaxCure.
Kokapet located in the western periphery of Hyderabad was once a far-flung location with minimum development and negligible residential activity. It was an anonymous destination for the Hyderabad ‘city-dwellers’ even two decades back. However, being in close proximity to Gachibowli which has witnessed a tremendous transformation over the years driven by the many major IT-ITEs companies and MNCs now operating there, Kokapet has become a fast-growing residential location. Due to its infrastructural development, which created a boom in the Kokapet real estate market, the location has gained a lot of traction in recent years. Juxtaposed along with the Outer Ring Road, Kokapet has predominantly benefited due to its proximity to the Financial District and Gachibowli. It also boasts of excellent connectivity to Narsingi and Nanakramguda via ORR. The locality boasts of a well-planned social infrastructure with educational institutions, healthcare facilities, fine-dine restaurants and shopping malls in the vicinity.
The good connectivity from Kokapet to the Financial District, Gachibowli and other peripheral areas has triggered a slew of residential developments like luxury apartments and villas.
Locality | Price Range per sq. ft. | Avg. price per sq.ft. | Q-o-Q price appreciation |
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Kokapet | ₹7,703 - ₹11,589 | ₹9,646 | 4% ⇧ |
Tellapur is slowly emerging as the residential hotspot. Located in the western zone of Hyderabad, this area is bordered by rich green foliage. Tellapur is a stunning location and draws the attention of the millennials to own a property in this locality.
Though located in the suburbs of Hyderabad, it is one of the most sought-after residential areas as it is not too densely populated yet in close proximity to the key conveniences of life. The lifestyle of people has changed over the years and so has the residential preference. Everybody is now looking for a home in the quiet locales of the city away from the hustle and bustle. The eminent real estate builders in Hyderabad are wisely choosing areas like Tellapur as it is located merely 10 minutes away from the Financial District IT Park yet devoid of pollution and noise. It is closest to all the IT companies such as Wipro, TCS, Infosys, Cap Gemini, Accenture, Amazon and more, besides being close to the BHEL township too. With less commute time, a work-life balance is maintained and it is a step closer to a healthier lifestyle. Tellapur enjoys hassle-free connectivity to the ORR and is dotted with many premium gated community apartments and villas.
Locality | Price Range per sq. ft. | Avg. price per sq.ft. | Q-o-Q price appreciation |
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Tellapur | ₹5,402 - ₹9,449 | ₹7426 | 13% ⇧ |
Narsingi is a suburban area towards the western zone of Hyderabad and is now recognized as one of the residential hotspots of recent times. The locality enjoys the added advantage of lying adjacent to the Outer Ring Road (ORR), that conveniently connects it to Wipro Circle, Financial District, Gachibowli, HITEC City and other developed residential neighbourhoods like Kokapet, Gandipet, Puppalaguda, Nanakramguda, Shaikpet and Manikonda. This residential pocket houses some of the popular residential projects, while more residential developments are taking place as distinguished real estate builders are proposing many premium projects that will elevate the living experience of residents at large.
Besides, the solar-powered cycling track that has created a lot of buzz among health-conscious millennials, Narsingi also boasts of good connectivity, factors like a modern social infrastructure and key conveniences have made Narsingi one of the most sought-after residential addresses for home buyers (especially IT professionals) in the city.
This location is perceived as one of the potential realty corridors of Hyderabad and thus can be considered as a prosperous investment opportunity.
Locality | Price Range per sq. ft. | Avg. price per sq.ft. | Q-o-Q price appreciation |
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Narsingi | ₹7,170 - ₹11,503 | ₹9,336 | 5% ⇧ |
Manchirevula has recently become the hot spot for real estate in recent times. Along with the qualities of a peaceful residential destination with ample green lungs and the Musi River, it is also easily accessible to all the conveniences of life. Merely 15 mins. drive from the Financial District, Manchirevula that was once a sleeping suburb is now the focal point of residential development by respected Hyderabad builders.
Lately, Manchirevula is developing quite rapidly. This makes it ideal for working professionals who want a comfortable lifestyle without compromising on proximity to the city. Reputed international schools, restaurants, colleges, hospitals and IT parks are hardly a few minutes away from here. It's suited for you if you're on the hunt for affordable and spacious properties. Located just on the cusp of Outer Ring Road (ORR), the locality also enjoys fabulous road connectivity to the neighbouring areas of Gachibowli, Kondapur, Manikonda, Tellapur, Kokapet, Narsingi, Raidurg and more.
Most of the top builders in Hyderabad have good land parcels at Manchirevula and have planned huge residential projects over the last few years and in the present year, the property prices have appreciated high on the price ladder.
Locality | Price Range per sq. ft. | Avg. price per sq.ft. | Q-o-Q price appreciation |
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Manchirevula | ₹6,231 - ₹9,338 | ₹7,785 | 8% ⇧ |
The favourable infrastructure and strategic locations of these areas attract prospective home-buyers looking to own property here.