Table of Contents

Property Rates in Hyderabad Where Should You Look If You're Looking for a Rental Home in Hyderabad?Hyderabad Flat Rate / Hyderabad Apartment Cost Plot / Land Rates in Hyderabad House Rates in Hyderabad (Independent)Property Rent in Hyderabad FAQs

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Home Blog Property Buyers Guide Property Rates in Hyderabad

Latest Trends and Property Rates in Hyderabad

Updated : May 8, 2024

Author : pooja

Property Buyers Guide

9716 views

Hyderabad is not only the capital of Andhra Pradesh but also the largest city of the Indian state of Telangana. Situated on the Deccan Plateau the city expands to almost 650 square kilometres. Hyderabad is India's fourth-most populated city, with 6.9 million persons within the city limits and 9.7 million residents in the metropolitan zone, making it the sixth-most populous metro area in the country, according to the 2011 Census of India. The increased demand for property rent in Hyderabad is due to amazing employment and educational opportunities in the city. In addition, Hyderabad is India's fifth-largest city economy, with a GDP of US$74 billion. The property rates in Hyderabad are recovering from the pandemic and growing steadily since 2020.We will also be looking at the property rates in Hyderabad in 2024.

You can find many traditional and historic bazaars around the city, the most famous of which is Laad Bazaar, which sells a variety of traditional and cultural antique products, as well as jewels and pearls. According to the Reserve Bank of India, Hyderabad is the most significant contributor to Telangana's GDP, tax, and other revenues and the sixth-largest deposit and fourth-largest credit centre in the country (RBI). In addition, the establishment of special economic zones and HITECH City, a technology-focused city, has enticed big corporations to establish operations in Hyderabad. All these facts contribute to the rising property rates in Hyderabad.

Property Rates in Hyderabad

Hyderabad is not just a cultural centre, but also one of India's most important cities, with jobs in IT, manufacturing, and other service industries.

Uppal, Banjara Hills, Begumpet, and Hitech City are just a few of the prominent neighbourhoods in Hyderabad where you can buy a home. Hyderabad has a lot of inexpensive flats and a lot of new launch projects. You can also buy plots and lands here as the land prices in Hyderabad are forwarding towards increment.

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Where Should You Look If You're Looking for a Rental Home in Hyderabad?

Finding a house on rent in Hyderabad is not a difficult task in 2024 but finding a good house on rent that is within your budget might be a time-taking task! Before diving deep into the house-hunting, it is important to take a note of the following:

In terms of configuration, 3BHK units are the most popular property for rent in Hyderabad. The next popular category is that of 2BHK units.
If you are looking at property rent in Hyderabad within Rs 20,000 per month, The excellent news is that the bulk of rental houses is in this price range. There are 2,176 properties in Hyderabad available for rent for less than Rs 20,000 per month, out of 3,532 available.
The rental range in top locations with a high livability factor includes Ameerpet, where monthly rates vary from Rs 4,000 to Rs 40,000. Begumpet is also a desirable location, with monthly rental rates ranging from Rs 4,000 to Rs 50,000. The configurations are subject to change.
As of December 2021, there are over 1,500 wholly furnished residences in Hyderabad.
Jubilee Hills, Banjara Hills, Film Nagar, Nanakramguda, Gachibowli, Kavuri Hills, Madhapur, Nagaram, Gandhi Nagar, and Hitech City are among the luxury apartments for rent priced above Rs 1 lakh per month. However, not all rental properties in these areas are priced the same. Prices are decided by the exact location, the house's brand, the quality of construction, and other factors.
There are 482 villas and independent homes to select from in Hyderabad, with prices ranging from Rs 5,000 per month to Rs 4 lakh per month. You may find affordable villas in localities such as Hafeezpet, Balanagar, Ameerpet, Pocharam, Puppalaguda, Bhudevinagar, Rasoolpura, Miyapur, and Kondapur. These are homes with small layouts.
New Friends Colony, Madhuban Colony, and Ashoka Enclave 1 are famous areas in Greater Hyderabad.
Sainikpuri, West Marredpally, and Alwal are prominent areas in Secunderabad with the most rental homes listed.
When it comes to property on rent in North Hyderabad, Hafeezpet, Kompally, and Masab Tank have the most listings and reasonable possibilities.
Madhapur, Kondapur, and Gachibowli are the top three locations in West Hyderabad. Kukatpally, Miyapur, and Manikonda are also popular destinations.
Gandhi Nagar, Kothaguda, Domalguda, and Madinaguda are some of the most popular places to look for rental houses.
In Hyderabad, the annual rental yield is 4.122295 per cent. This indicates that if you rent out your house in Hyderabad for a year, you could recoup 4.122295 per cent of its worth. This computation is based on the city's average rates and is not set in stone.

Hyderabad Flat Rate / Hyderabad Apartment Cost

Average flat rates in Hyderabad:

1BHK- 29.71 L
2BHK- 58.54 L
3BHK- 1.4 crores
4BHK- 3.8 crores

Here is a tabulation of property rates in Hyderabad’s top 15 localities for 2020 and 2021 and the growth rate in the cost. The price is given as per square feet rate in Hyderabad.

Locality Name	Buy Rates/Price Range (Rs. per sq. ft.)
	2021	2020	Avg. Y/Y growth rate
Upparpally	Rs. 2,932 - 3,740/sq. ft.	Rs. 3,140 - 3,990/sq. ft.	-7.41%
Madhapur	Rs. 6,502 - 8,542/sq. ft.	Rs. 6,000 - 8,042/sq. ft.	5.29%
Banjara Hills	Rs. 7,312 - 9,735/sq. ft.	Rs. 7,312 - 9,735/sq. ft.	Constant
Chandanagar	Rs. 3,612 - 4,208/sq. ft.	Rs. 3,412 - 4,000/sq. ft.	1.08%
Begumpet	Rs. 4,165 - 6,078/sq. ft.	Rs. 3,865 - 5,678/sq. ft.	4-5%
Somajiguda	Rs. 4,888 - 6,800/sq. ft.	Rs. 4,888 - 6,800/sq. ft.	Constant
Gachibowli	Rs. 6,035 - 8,202/sq. ft.	Rs. 5,800 - 7,902/sq. ft.	2.41%
Manikonda	Rs. 3,868 - 5,058/sq. ft.	Rs. 4,000 - 5,058/sq. ft.	-2.80%
Miyapur	Rs. 3,358 - 4,420/sq. ft.	Rs. 3,008 - 4,020/sq. ft.	-1.10%
Kondapur	Rs. 5,142 - 6,842/sq. ft.	Rs. 5,142 - 6,842/sq. ft.	Constant
Hitech City	Rs. 7,268 - 9,052/sq. ft.	Rs. 6,890 - 8,652/sq. ft.	4.35%
Chandanagar	Rs. 3,612 - 4,208/sq. ft.	Rs. 3,412 - 4,208/sq. ft.	1.08%
Nallagandla	Rs. 5,780 - 7,310/sq. ft.	Rs. 5,580 - 7,010/sq. ft.	3.40%
Financial District	Rs. 7,352 - 8,330/sq. ft.	Rs. 7,552 - 8,630/sq. ft.	-2.13%
Anand Nagar Colony	Rs. 3,910 - 4,675/sq. ft.	Rs. 3,910 - 4,675/sq. ft.	Constant

Plot / Land Rates in Hyderabad

The average land cost in Hyderabad per square foot is ₹4500/sq. ft

Here is a tabulation of land/ plot rate in Hyderabad’s top 15 localities for 2020 and 2021 and the growth rate in the cost. The price is mentioned per land rate in Hyderabad per square yard. Check out this list to get an accurate comparison of the 1 sq yard price in Hyderabad.

Note: To get the best deals at Hyderabad real estate prices, you have to buy property in Hyderabad at the right time.

Locality Name	Buy Rates/ Price Range (Rs. per sq. yd.)
	2021	2020	Avg. Y/Y growth rate
Badangpet	Rs. 27,540 - 39,398/sq. yd.	Rs. 26,840 - 38,798/sq. yd.	2-5%
Mangalpally	Rs. 14,918 - 19,890/sq. yd.	Rs. 14,000 - 19,000/sq. yd.	7%
Badangpet	Rs. 27,540 - 39,398/sq. yd.	Rs. 25,540 - 37,398/sq. yd.	4-9%
Cherlapally	Rs. 26,392 - 33,278/sq. yd.	Rs. 26,392 - 33,278/sq. yd.	12-15%
Bhanur	Rs. 21,420 - 25,628/sq. yd.	Rs. 20,000 - 24,458/sq. yd.	8%
Shaikpet	Rs. 63,878 - 84,915/sq. yd.	Rs. 59,950 - 79,515/sq. yd.	10-13%
Gagillapur	Rs. 16,065 - 20,272/sq. yd.	Rs. 14,500 - 18,272/sq. yd.	11.9%
Mansoorabad	Rs. 55,080 - 64,642/sq. yd.	Rs. 53,100 - 61,200/sq. yd.	6.25%
Mayuri Nagar	Rs. 61,582 - 67,702/sq. yd.	Rs. 61,582 - 67,702/sq. yd.	Constant
Kondapur	Rs. 76,500 - 1,02,128/sq. yd.	Rs. 76,500 - 1,01,128/sq. yd.	0.5
Taramatipet	Rs. 12,622 - 13,770/sq. yd.	Rs. 14,622 - 16,000/sq. yd.	- 8-11%
Bhanur	Rs. 21,420 - 25,628/sq. yd.	Rs. 19,420 - 23,628/sq. yd.	6-8%
Nallagandla	Rs. 72,292 - 84,915/sq. yd.	Rs. 72,292 - 84,915/sq. yd.	Constant
Kondamadugu	Rs. 7,268 - 8,798/sq. yd.	Rs. 7,268 - 8,998/sq. yd.	-1%
Almas Guda	Rs. 30,600 - 40,545/sq. yd.	Rs. 27,600 - 36,450/sq. yd.	10-13%

House Rates in Hyderabad (Independent)

The average Price for independent house rates in Hyderabad is as follows:

1BHK- 37 L
2BHK- 79.9 L
3BHK- 2.53 crores
4BHK- 4.21 crores

Here is a tabulation of real estate prices in Hyderabad for the top 15 localities for 2020 and 2021 and the growth rate in the cost. The property prices in Hyderabad are given as per the sq. ft rate.

Locality Name	Buy Rates/Price Range (Rs. per sq. ft.)
	2021	2020	Avg. Y/Y growth rate
Uppal	Rs. 3,910 - 5,355/sq. ft.	Rs. 4,210 - 5,655/sq. ft.	4-5%
Madhapur	Rs. 4,972 - 6,418/sq. ft.	Rs. 5,472 - 6,418/sq. ft.	-8.82%
Bandlaguda	Rs. 4,122 - 5,270/sq. ft.	Rs. 4,122 - 5,270/sq. ft.	Constant
Chandanagar	Rs. 3,485 - 4,250/sq. ft.	Rs. 3,085 - 4,050/sq. ft.	3-6%
Appa Junction	Rs. 4,165 - 4,930/sq. ft.	Rs. 4,165 - 4,530/sq. ft.	8%
Saidabad	Rs. 3,230 - 3,782/sq. ft.	Rs. 3,230 - 3,782/sq. ft.	Constant
Gachibowli	Rs. 3,995 - 5,185/sq. ft.	Rs. 3,995 - 5,185/sq. ft.	Constant
Madhapur	Rs. 4,972 - 6,418/sq. ft.	Rs. 5,472 - 6,918/sq. ft.	- 6-8%
Kukatpally	Rs. 3,698 - 4,760/sq. ft.	Rs. 3,698 - 4,760/sq. ft.	Constant
Munganoor	Rs. 3,910 - 5,142/sq. ft.	Rs. 3,610 - 5,000/sq. ft.	5.1%
Old Alwal	Rs. 3,485 - 4,845/sq. ft.	Rs. 3,285 - 4,545/sq. ft.	2.35%
Nagole	Rs. 3,868 - 4,632/sq. ft.	Rs. 3,868 - 4,132/sq. ft.	- 1-3%
Bandlaguda	Rs. 4,122 - 5,270/sq. ft.	Rs. 4,122 - 5,270/sq. ft.	Constant
Hastinapuram	Rs. 3,655 - 4,675/sq. ft.	Rs. 3,655 - 4,675/sq. ft.	Constant
Nizampet	Rs. 2,635 - 3,570/sq. ft.	Rs. 2,635 - 3,370/sq. ft.	- 1-2%

Property Rent in Hyderabad

Now we will take a look at average flat rents in Hyderabad. We will discuss all kinds of apartments rented in Hyderabad like 2 BHK, 3 BHK, 1 BHK, and 1 RK.

2 BHK Rent in Hyderabad

The average 2 BHK rent in Hyderabad is Rs. 20,167. Here we have tabulated the property rent in Hyderabad’s top 15 localities for 2020 and 2021 and the growth rate in the rent.

Locality Name	Average Rental Rates of 2 BHK
	2021(Rs)	2020 (Rs)	Growth Rate Y/Y
Kondapur	20,000	17,500	6-8%
Miyapur	12,500	12,500	Constant
Kukatpally	14,000	15,500	- 1-5%
Manikonda	18,000	17,500	Constant
Gachibowli	20,500	22,000	- 1-5%
Chandanagar	15,000	12,500	6-8%
Nizampet	14,000	12,000	8-11%
Banjara Hills	22,000	24,000	- 5-7%
Nanakramguda	29,000	20,000	15-24%
Kokapet	25,000	18,500	18-25%
Narsingi	20,500	14,000	15-24%
Hitech City	30,000	26,500	6-8%
Jubilee Hills	30,000	40,000	- 10-20%
Begumpet	17,000	19,000	- 5-7%
Nagole	15,000	14,250	Constant

3 BHK Rent in Hyderabad

The average 3 BHK rent in Hyderabad is Rs. 33,821. Here we have tabulated the flat rent rates in Hyderabad’s top 15 localities for 2020 and 2021 and the growth rate in the rent.

Locality Name	Average Rental Rates of 3 BHK
	2021(Rs)	2020 (Rs)	Growth Rate Y/Y
Kondapur	32,000	31,000	Constant
Miyapur	20,500	20,000	Constant
Kukatpally	40,000	36,000	- 6-10%
Manikonda	22,000	21,000	2-5%
Gachibowli	37,500	23,750	25-30%
Chandanagar	17,000	27,500	- 10-23%
Nizampet	22,000	29,500	- 16-20%
Banjara Hills	50,000	69,000	- 15-23%
Nanakramguda	48,000	35,000	- 15-20%
Kokapet	41,000	36,000	15-25%
Narsingi	38,500	29,500	25-30%
Hitech City	50,000	49,360	Constant
Jubilee Hills	1,80,000	2,50,000	- 16-20%
Begumpet	57,000	80,000	- 25-30%
Nagole	18,000	21,000	- 10-20%

1 BHK Rent in Hyderabad

The average 1 BHK rent in Hyderabad is Rs. 10,133. Here we have tabulated the flat rent rates in Hyderabad’s top 15 localities for 2020 and 2021 and the growth rate in the rent.

Locality Name	Average Rental Rates of 1 BHK
	2021(Rs)	2020 (Rs)	Avg. Y/Y Growth Rate
Kondapur	12,500	10,500	10-14%
Miyapur	8,500	8,500	Constant
Kukatpally	8,000	8,000	Constant
Manikonda	11,000	10,000	8-10%
Gachibowli	12,500	10,000	15-25%
Chandanagar	7,000	8,250	16-20%
Nizampet	8,000	7,000	6-10%
Banjara Hills	14,000	10,500	15-25%
Nanakramguda	13,500	10,000	10-15%
Kokapet	11,000	8,500	16-20%
Narsingi	10,500	6,000	40-60%
Hitech City	11,000	7,000	15-25%
Jubilee Hills	10,000	13,750	-15-20%
Begumpet	6,500	7,875	- 6-10%
Nagole	8,000	8,500	Constant

1 RK Rent in Hyderabad

The 1 RK rent in Hyderabad is Rs. 8,933. Here we have tabulated the flat rent rates in Hyderabad’s top 15 localities for 2020 and 2021 and the growth rate in the rent according to property trends in Hyderabad.

Locality Name	Average Rental Rates of 1 RK
	2021(Rs)	2020 (Rs)	Avg. Growth Rate Y/Y
Kondapur	11,500	8,500	- 15-25%
Miyapur	7,000	7,000	Constant
Kukatpally	7000	6,500	Constant
Manikonda	10,500	9,000	5-10%
Gachibowli	10,000	8,500	10-20%
Chandanagar	7,000	7,500	Constant
Nizampet	7,500	7,000	Constant
Banjara Hills	11,000	8,500	10-20%
Nanakramguda	11,000	9,000	5-10%
Kokapet	10,500	8,500	- 10-20%
Narsingi	8,500	5,000	25-30%
Hitech City	9,500	6,000	25-30%
Jubilee Hills	9,500	11,250	- 17-25
Begumpet	6,500	7,000	Constant
Nagole	7,000	8,250	-15%

As per the current real estate price trends in Hyderabad, property rates in Hyderabad have grown quite well in some areas while some recorded a decline Because of its low property prices, Hyderabad appeals to both end-users and investors. Because of the city's employment prospects, skilled migrants frequently relocate, increasing the demand for rental accommodation in Hyderabad. In this article, we presented a tabulation of the current and the last year's Hyderabad property rates for every kind of property you may want. If you want professional help in finding the best properties in Hyderabad, you will certainly find help at NoBroker. Please comment below this article so that our executive can contact and help you.

FAQs

Q1. Is it affordable to stay in Hyderabad city?

Ans. Hyderabad has great options for jobs and higher studies, and hence the real estate prices in the city rarely drop below India’s average. Today, Hyderabad is one of the most affordable metropolitan cities. . Check out our list with 2024 land rates in Hyderabad you will see that for many areas the 1 square feet price in Hyderabad is affordable.

Q2. Which is the best area in Hyderabad to buy a house?

Ans. Uppal, Miyapur, HITECH city are some of the most in-demand localities amongst real estate buyers in Hyderabad.

Q3. What is the average rent for a 2BHK house in Hyderabad?

Ans. The average rental yield for a 2-bedroom apartment in Hyderabad is around Rs. 20,100.

Q4. Which is the most expensive real estate area in Hyderabad?

Ans. Jubilee Hills and Banjara Hills are two of the most expensive areas in Hyderabad. Many celebrities and movie stars have a house in these localities.

Q5. Which is the most affordable area to buy real estate in Hyderabad?

Ans. Uppal is one of the best and most cost-effective areas in Hyderabad. The average price of an apartment is around Rs. 3,200 per square foot.

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pooja,Author

With a background in journalism and PR, Pooja is always up to date with what’s happening in the Indian Real Estate market. She loves writing about it and helping others stay informed and aware of the market. Keeping articles short, current, and simple is what she all about.

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