Pincode: 500045
Situated in: Hyderabad City
State: Telangana
District: hyderabad
Total Area: 0.14 km²
Population: 2232
Population Density: 16288
Located in Hyderabad, Telangana, AG colony is a residential area situated in Sultan Nagar, Erragadda. AG colony Pin Code is 500018. It is close to various localities like Chaitanya Vilas Colony, Upparpally and Golden Heights Colony. With convenient access to major roads, AG colony provides decent housing options for middle-income groups. The locality is well connected to other parts of the city and offers residents access to schools, markets and healthcare facilities in the neighborhood.
AG Colony came into existence in the late 1970s when the Andhra Pradesh Housing Board developed a group of housing colonies in Hyderabad. Initially established to provide affordable homes for lower middle-class citizens, the locality has expanded considerably over the past few decades. While it remains a residential area, commercial establishments catering to daily needs have come up in recent years. The colony has grown in population as more homes were added. It has evolved into a well-developed area from its origins as a housing project, increasingly becoming an appealing residential location.
AG Colony, Hyderabad is a middle-class residential area with people from diverse backgrounds living harmoniously. It is primarily inhabited by lower to middle-income salary earners working in nearby offices and industries. The locality has a friendly neighbourhood culture where people know each other well. A moderate lifestyle is followed here with families focused on children's education and leisure activities like morning walks. Festivals and performances by social groups help bring the community together. With its mixed population, AG Colony reflects the vibrant, syncretic culture of Hyderabad in its celebration of different traditions.
AG colony infrastructure has improved significantly over the years to support its growing population. Being located just off the Hyderabad-Vijayawada national highway, residents have close access to National Highway 44, 65, 163 and transportation facilities. The colony is well-connected to other parts of the city through the state-run TSRTC bus service. Nearest metro station to the area is Raidurg Metro Station. For banking needs, major public and private sector banks like SBI, HDFC and ICICI have branches in AG colony. There is a police station and fire station in close proximity to ensure public safety. Overall, the locality's infrastructure is well-established to cater to the daily requirements of residents.
AG colony is well equipped with social infrastructure to meet the needs of residents. Some of the popular educational institutions in the area include Krishnaveni Talent School, Bhasyam High School and Jana Priya Olympiad School. Healthcare is covered through well-known hospitals like Adarsh Hospital and Evolution Child and Adolescent Clinic located nearby. Daily needs can be met at local shops and commercial establishments. A large shopping destination like China Bazar is also accessible from AG colony. There are several parks and recreational spots like Sagar Park for families to spend time. Overall, the social infrastructure of the colony provides its residents easy access to key amenities.
The real estate market in AG colony, Hyderabad has been experiencing mixed trends over the past year. Property rates in are on an overall rise, with average prices for flats now between Rs. 5000-5500 per sq ft. This upward movement in AG colony property rates is mainly due to increased demand from homebuyers amid low inventory levels. AG colony Properties prices were stable during the pandemic, but have increased by 10-15% in the last 6 months as the market rebounded.
At the same time, rental demand has also been moderate to high in AG colony. Rent for 2BHK flats range from Rs. 20,000-25,000 per month currently. Landlords have marginally increased rents by 5-10% on average in the area over the last year taking advantage of good occupancy rates. The presence of major IT companies and a well-developed social infrastructure have made AG colony desirable for tenants and supported rental prices.
Being in close proximity to major IT/ITeS employment hubs makes AG colony lucrative for both homebuyers and tenants. Some of the best employment hubs in AG colony are-
AG colony is well located with many active sub-localities within 10-15 km radius providing housing alternatives. Some popular landmarks near AG colony are-
AG colony Hyderabad is a sought-after location for residential real estate due to its proximity to IT corridors, international airport, schools and hospitals. The price of properties in this area is expected to appreciate in the coming years making it a wise investment.
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