Pincode: 500012
Situated in: Hydrabad City
State: Telangana
District: hyderabad
Total Area: 1.49 km²
Population: 29181
Population Density: 19633
Located in the old city area of Hyderabad, Jumeraat Bazaar is a busy commercial centre known for its wholesale trade. Jumeraat Bazaar PIN codes are 500006 and 500012, it is situated close to famous localities like Puranapool, Charminar and Lad Bazar. Home to traders dealing in textiles, stationery and household goods, Jumeraat Bazaar is well connected by road and metro rail. Its proximity to major roads and markets make properties in this area conveniently accessible.
Jumeraat Bazaar Hyderabad is a melting pot of different cultures. Mostly inhabited by traders, businessmen and their families, the locality also houses workers employed in the shops and warehouses. Life revolves around the busy bazaar, with people socialising in local coffee shops after work. The old city lifestyle is closely-knit, with evening gatherings, music and Hyderabadi cuisine bringing the community together. As one of the iconic markets of the city, Jumeraat Bazaar strongly reflects the unique culture of its historic quarters. The area continues to pass on its vibrant spirit to future generations.
Jumeraat Bazaar has a well-established physical infrastructure to support the needs of the local community. It is well-connected to major roads in Hyderabad like NH44 and NH65. Dabirpura train station is 3km away. Residents have swift access to the Hyderabad metro rail through both the Red and Green Line metro stations such as MG Bus Station, Gandhi Bhavan, Osmania Medical College, and Sultan Bazaar stations. This robust network of transportation, banking, security and emergency facilities add to the locality's overall accessibility. Check out the Jumeraat Bazaar map to know more.
Jumeraat Bazaar is well served by social infrastructure that caters to the needs of local residents. For education, schools like Scholar High School, Oxford High School and St. Pauls Hi-tech School are located nearby. Azam Junior College and Mesco College Of Pharmacy are within 3-4 kms. Healthcare is covered through hospitals such as MEDS Hospital, Azam Hospital and L V PRASAD EYE CARE that are a short drive away. The locality is near retail hubs like Aziz Plaza and South Dreams Mall where residents can shop for groceries, clothes and more. This solid social and retail infrastructure enhances the quality of life for people living in Jumeraat Bazaar.
Jumeraat Bazaar property rates have been performing well over the past few years on the back of strong economic growth in the region. Several major IT/ITES companies have either expanded or established new facilities in nearby Hitech City, boosting the demand for rental housing from young professionals. Average property rates in the area are around 10520 per sq ft. According to local property consultants, the rentals for 2BHK and 3BHK apartments have risen by 15-20% in the last 18 months as a result of high tenant demand. At the same time, capital values have also appreciated steadily at 10% annually. Average rental in the area are between the range of 10,500- 15,000 per month. The rental outlook for Jumeraat Bazaar is quite promising. Investors can expect decent rental yields from this micromarket.
Being conveniently located in the heart of the city, Jumeraat Bazaar has easy access to some of the top employment hubs such as —
Being a busy commercial hub, Jumeraat Bazaar has several sub-localities within close proximity. Some popular areas near Jumeraat Bazaar are-
Jumeraat Bazaar in Hyderabad has emerged as a promising location for real estate investment thanks to ongoing infrastructure projects and improved connectivity. The rental demand is expected to stay high given the steady commercial growth in this part of the city.
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