You're all set!

Get ready for regular updates and more.

Table of Contents

Quality Service Guarantee Or Painting Free

Unbeatable Price 5-Star Rated Partner! 2200+ Shades! Top Quality Paint Free Cancellation!

Get a rental agreement with doorstep delivery

Find the BEST deals and get unbelievable DISCOUNTS directly from builders!

5-Star rated painters, premium paints and services at the BEST PRICES!

Loved what you read? Share it with others!

thumbnail

Help us assist you better

Check Your Eligibility Instantly

Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home Blog Property Buyers Guide Property Rates in Hyderabad

Latest Trends and Property Rates in Hyderabad

Updated : December 17, 2024

Author : author_image pooja

13526 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.

Quality Service Guarantee Or Painting Free

Unbeatable Price 5-Star Rated Partner! 2200+ Shades! Top Quality Paint Free Cancellation!

Get a rental agreement with doorstep delivery

Find the BEST deals and get unbelievable DISCOUNTS directly from builders!

5-Star rated painters, premium paints and services at the BEST PRICES!

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 NameBuy Rates/Price Range (Rs. per sq. ft.)
20212020Avg. Y/Y growth rate
UpparpallyRs. 2,932 - 3,740/sq. ft.Rs. 3,140 - 3,990/sq. ft.-7.41%
MadhapurRs. 6,502 - 8,542/sq. ft.Rs. 6,000 - 8,042/sq. ft.5.29%
Banjara HillsRs. 7,312 - 9,735/sq. ft.Rs. 7,312 - 9,735/sq. ft.Constant
ChandanagarRs. 3,612 - 4,208/sq. ft.Rs. 3,412 - 4,000/sq. ft.1.08%
BegumpetRs. 4,165 - 6,078/sq. ft.Rs. 3,865 - 5,678/sq. ft.4-5%
SomajigudaRs. 4,888 - 6,800/sq. ft.Rs. 4,888 - 6,800/sq. ft.Constant
GachibowliRs. 6,035 - 8,202/sq. ft.Rs. 5,800 - 7,902/sq. ft.2.41%
ManikondaRs. 3,868 - 5,058/sq. ft.Rs. 4,000 - 5,058/sq. ft.-2.80%
MiyapurRs. 3,358 - 4,420/sq. ft.Rs. 3,008 - 4,020/sq. ft.-1.10%
KondapurRs. 5,142 - 6,842/sq. ft.Rs. 5,142 - 6,842/sq. ft.Constant
Hitech CityRs. 7,268 - 9,052/sq. ft.Rs. 6,890 - 8,652/sq. ft.4.35%
ChandanagarRs. 3,612 - 4,208/sq. ft.Rs. 3,412 - 4,208/sq. ft.1.08%
NallagandlaRs. 5,780 - 7,310/sq. ft.Rs. 5,580 - 7,010/sq. ft.3.40%
Financial DistrictRs. 7,352 - 8,330/sq. ft.Rs. 7,552 - 8,630/sq. ft.-2.13%
Anand Nagar ColonyRs. 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 NameBuy Rates/ Price Range (Rs. per sq. yd.)
20212020Avg. Y/Y growth rate
BadangpetRs. 27,540 - 39,398/sq. yd.Rs. 26,840 - 38,798/sq. yd.2-5%
MangalpallyRs. 14,918 - 19,890/sq. yd.Rs. 14,000 - 19,000/sq. yd.7%
BadangpetRs. 27,540 - 39,398/sq. yd.Rs. 25,540 - 37,398/sq. yd.4-9%
CherlapallyRs. 26,392 - 33,278/sq. yd.Rs. 26,392 - 33,278/sq. yd.12-15%
BhanurRs. 21,420 - 25,628/sq. yd.Rs. 20,000 - 24,458/sq. yd.8%
ShaikpetRs. 63,878 - 84,915/sq. yd.Rs. 59,950 - 79,515/sq. yd.10-13%
GagillapurRs. 16,065 - 20,272/sq. yd.Rs. 14,500 - 18,272/sq. yd.11.9%
MansoorabadRs. 55,080 - 64,642/sq. yd.Rs. 53,100 - 61,200/sq. yd.6.25%
Mayuri NagarRs. 61,582 - 67,702/sq. yd.Rs. 61,582 - 67,702/sq. yd.Constant
KondapurRs. 76,500 - 1,02,128/sq. yd.Rs. 76,500 - 1,01,128/sq. yd.0.5
TaramatipetRs. 12,622 - 13,770/sq. yd.Rs. 14,622 - 16,000/sq. yd.- 8-11%
BhanurRs. 21,420 - 25,628/sq. yd.Rs. 19,420 - 23,628/sq. yd.6-8%
NallagandlaRs. 72,292 - 84,915/sq. yd.Rs. 72,292 - 84,915/sq. yd.Constant
KondamaduguRs. 7,268 - 8,798/sq. yd.Rs. 7,268 - 8,998/sq. yd.-1%
Almas GudaRs. 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 NameBuy Rates/Price Range (Rs. per sq. ft.)
20212020Avg. Y/Y growth rate
UppalRs. 3,910 - 5,355/sq. ft.Rs. 4,210 - 5,655/sq. ft.4-5%
MadhapurRs. 4,972 - 6,418/sq. ft.Rs. 5,472 - 6,418/sq. ft.-8.82%
BandlagudaRs. 4,122 - 5,270/sq. ft.Rs. 4,122 - 5,270/sq. ft.Constant
ChandanagarRs. 3,485 - 4,250/sq. ft.Rs. 3,085 - 4,050/sq. ft.3-6% 
Appa JunctionRs. 4,165 - 4,930/sq. ft.Rs. 4,165 - 4,530/sq. ft.8%
SaidabadRs. 3,230 - 3,782/sq. ft.Rs. 3,230 - 3,782/sq. ft.Constant
GachibowliRs. 3,995 - 5,185/sq. ft.Rs. 3,995 - 5,185/sq. ft.Constant 
MadhapurRs. 4,972 - 6,418/sq. ft.Rs. 5,472 - 6,918/sq. ft.- 6-8%
KukatpallyRs. 3,698 - 4,760/sq. ft.Rs. 3,698 - 4,760/sq. ft.Constant
MunganoorRs. 3,910 - 5,142/sq. ft.Rs. 3,610 - 5,000/sq. ft.5.1%
Old AlwalRs. 3,485 - 4,845/sq. ft.Rs. 3,285 - 4,545/sq. ft.2.35%
NagoleRs. 3,868 - 4,632/sq. ft.Rs. 3,868 - 4,132/sq. ft.- 1-3%
BandlagudaRs. 4,122 - 5,270/sq. ft.Rs. 4,122 - 5,270/sq. ft.Constant 
HastinapuramRs. 3,655 - 4,675/sq. ft.Rs. 3,655 - 4,675/sq. ft.Constant 
NizampetRs. 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 NameAverage Rental Rates of 2 BHK
2021(Rs)2020 (Rs)Growth Rate Y/Y
Kondapur20,00017,5006-8%
Miyapur12,50012,500Constant
Kukatpally14,00015,500- 1-5%
Manikonda18,00017,500Constant
Gachibowli20,50022,000- 1-5%
Chandanagar15,00012,5006-8%
Nizampet14,00012,0008-11%
Banjara Hills22,00024,000- 5-7%
Nanakramguda29,00020,00015-24%
Kokapet25,00018,50018-25%
Narsingi20,50014,00015-24%
Hitech City30,00026,5006-8%
Jubilee Hills30,00040,000- 10-20%
Begumpet17,00019,000- 5-7%
Nagole15,00014,250Constant

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 NameAverage Rental Rates of 3 BHK
2021(Rs)2020 (Rs)Growth Rate Y/Y
Kondapur32,00031,000Constant
Miyapur20,50020,000Constant
Kukatpally40,00036,000- 6-10%
Manikonda22,00021,0002-5%
Gachibowli37,50023,75025-30%
Chandanagar17,00027,500- 10-23%
Nizampet22,00029,500- 16-20%
Banjara Hills50,00069,000- 15-23%
Nanakramguda48,00035,000- 15-20%
Kokapet41,00036,00015-25%
Narsingi38,50029,50025-30%
Hitech City50,00049,360Constant
Jubilee Hills1,80,0002,50,000- 16-20%
Begumpet57,00080,000- 25-30%
Nagole18,00021,000- 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 NameAverage Rental Rates of 1 BHK
2021(Rs)2020 (Rs)Avg. Y/Y Growth Rate
Kondapur12,50010,50010-14%
Miyapur8,5008,500Constant
Kukatpally8,0008,000Constant
Manikonda11,00010,0008-10%
Gachibowli12,50010,00015-25%
Chandanagar7,0008,25016-20%
Nizampet8,0007,0006-10%
Banjara Hills14,00010,50015-25%
Nanakramguda13,50010,00010-15%
Kokapet11,0008,50016-20%
Narsingi10,5006,00040-60%
Hitech City11,0007,00015-25%
Jubilee Hills10,00013,750-15-20%
Begumpet6,5007,875- 6-10%
Nagole8,0008,500Constant

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 NameAverage Rental Rates of 1 RK
2021(Rs)2020 (Rs)Avg. Growth Rate Y/Y
Kondapur11,5008,500- 15-25%
Miyapur7,0007,000Constant
Kukatpally70006,500Constant
Manikonda10,5009,0005-10%
Gachibowli10,0008,50010-20%
Chandanagar7,0007,500Constant
Nizampet7,5007,000Constant
Banjara Hills11,0008,50010-20%
Nanakramguda11,0009,0005-10%
Kokapet10,5008,500- 10-20%
Narsingi8,5005,00025-30%
Hitech City9,5006,00025-30%
Jubilee Hills9,50011,250- 17-25
Begumpet6,5007,000Constant
Nagole7,0008,250-15%

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.  

Loved what you read? Share it with others!

Join the conversation!

Subscribe to our newsletter

Get latest news delivered straight to you inbox

Recent blogs in

147