Hyderabad Residential City Rentals And Values

The City of Nizams or the City of Pearls, as Hyderabad has been nicknamed, has consistently ranked as the top city to live in in India. Compared to many other metropolitan cities in the nation, Hyderabad has a lower cost of living with continuously growing IT and healthcare sectors.

Areas such as Kukatpally, Gachibowli, and Hi-Tech City have seen rapid development and expansion in the last few years both residentially and in terms of infrastructure. Many smaller areas of the city are well-connected to larger areas, with prime locations having wider roads, and easy access to other areas of the city.

City Districts, City Rentals, and Values

Rents are continuing to grow in the Western Corridor which includes areas like Hitec City and Gachibowli due to a demand and supply mismatch.

Many large players in the city are looking to consolidate their options in the coming years with the government also encouraging development in alternate markets like Eastern Hyderabad. Many infrastructure initiatives are being undertaken in the Western corridor to decongest the micro-market.

Central Business District

The Central Business District which includes the areas Ameerpet, Somajiguda, Panjagutta, and Raj Bhavan Road. The rents here average around Rs 45,000 to 55,000 per month with capital values at Rs 8,000 to 9,000 per square foot.

The market in this area has established infrastructure with easy accessibility and good connectivity, with a residential and retail catchment in the vicinity.

Secondary Business District

In the Secondary Business District Whick Comprises Secunderabad and Begumpet, there is a significant concentration of residential catchments and abundant social infrastructure.

Rents average Rs 45,000 to 60,000 per month with capital values of Rs 7,500 to 8,500 per square foot.

More affluent neighborhoods such as Jubilee Hills and Banjara Hills still have consistently high rents of Rs 50,000 to 60,000 with capital values of Rs 8,000 to 9,000 per square foot.

Peripheral Business District - West

The areas of Hi-Tech City, Madhapur, and Kavuri Hills are prime real estate spots. Rents are as high as Rs 60,000 to 75,000 per month. Capital values are Rs 10,000 to 12,000 per square foot.

Gachibowli, Nanakramguda, and Kokapet are also doing extremely well. Rents are Rs 45,000 to 50,000 per month with capital values per square foot at Rs 7,500 to 10,000.

The Kukatpally, Miyapur, and JNTU have capital values of Rs 7,500 to 9,000 per square foot, with rents at Rs 30,000 to 40,000 per month.

In this area, many more townships are planned and the road networks here have been rapidly developed, with the completion of the Durgam Cheruvu Cable Bridge connecting the Jubilee Hills and Madhapur and Financial District areas. Metro connectivity is also being worked on here.

Peripheral Business District - South

The area of Shamshabad has rents between Rs 25,000 to Rs 30,000 and capital values at Rs 5,000 to 6,000 per square foot. Due to its proximity to the airport, it has great connectivity and is great for small-scale manufacturing centres.

Peripheral Business District - East

There is a big rental advantage in the East Business District, with a large talent pool available and great connectivity to the airport through the OOR.

Under this district are the areas of Uppal, Pocharam, and Nacharam. Rents range from Rs 15,000 to 65,000. Capital values are Rs 5,000 to 6,500 per square foot

Peripheral Business District - North

Shamirpet has rents varying from Rs 55,000 to 65,000 with capital values of Rs 6,500 to 7,000. This is a designated pharma zone and it is suitable for pharma R&Ds.