Home / chennai / SBI Colony

Muthtamil Nagar, Korattur, Chennai

Pincode: 600092

Situated in: West Chennai

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5 Flats for Sale in SBI Colony

5 Flats for Rent in SBI Colony

State: Tamil Nadu

District: chennai

Total Area: 4 km²

Population: 6000

Population Density: 1500

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About SBI Colony, Chennai

SBI Colony, located in the vibrant city of Hyderabad, Telangana, is a sought-after real estate destination. SBI Colony is a well-established residential locality known for its convenience and proximity to various amenities. The SBI Colony PIN code is 500035. This prime locality enjoys excellent connectivity to other popular areas in Hyderabad, making it an ideal choice for homebuyers and investors. With its strategic location and well-developed infrastructure, SBI Colony offers a comfortable and convenient lifestyle for its residents.

SBI Colony, Hyderabad, Telangana, is a thriving residential locality that attracts a diverse range of residents. This vibrant community is home to people from various walks of life, including professionals, families, and retirees. The lifestyle in SBI Colony is characterised by a harmonious blend of comfort, convenience, and a sense of community. Residents here enjoy well-planned infrastructure, green spaces, and access to essential amenities. The cultural fabric of the locality is rich and diverse, with festivals, social gatherings, and a spirit of unity among its residents, making SBI Colony a vibrant and welcoming place to call home.

Physical Infrastructure of SBI Colony

SBI Colony is well connected via transportation infrastructure. NH65, Inner Ring Road, and Kothapet Road surround this area. Red Line metro stations such as Victoria Memorial and Chaitanyapuri serve this area. Begumpet Airport is 16 km away. Hyderabad train station is 9 km away. All these physical amenities make SBI Colony an attractive residential location. Check out the SBI Colony map to know more.

Social and Retail Infrastructure of SBI Colony

SBI Colony in Hyderabad, Telangana, boasts a robust social and retail infrastructure, making it an ideal choice for those seeking a well-rounded residential locality. The locality is home to reputed schools and colleges that provide quality education to the residents. Some popular educational institutions in the vicinity include ICAT design and media college, Sri Ram Degree College, Narayana Junior College and Gowtham Model School. The healthcare needs of the residents are well catered to by the presence of renowned hospitals like Ganga Orthopaedic & Maternity Hospital, Induss Hospital, Sanjeevani Hospital, Nakshatra Hospitals and Supraja Hospitals. For retail therapy and leisure activities, residents can explore nearby malls such as CMR Shopping Mall and Six Shopping Mall, which offer a wide range of shopping, dining, and entertainment options. With its well-developed social and retail infrastructure, SBI Colony ensures that residents have easy access to quality education, healthcare facilities, and a vibrant retail scene, enhancing their overall living experience.

Real Estate Market Trends and Rental Demand in SBI Colony

The real estate market in SBI Colony, Hyderabad has seen moderate growth in property rates over the past year. The average SBI Colony property rates per square feet for residential units have increased from Rs. 5,312 - 8,076 due to rising demand from homeowners looking to buy property in this locality. This has benefited current homeowners and developers. At the same time, rental demand has also gone up marginally as many tenants look for affordable housing options in SBI Colony. Landlords have been able to charge slightly higher rents, ranging from Rs. 6,000 to Rs. 45,000 per month for 2BHK apartments. Both property rates and rental demand are projected to remain stable in the near future due to the locality's proximity to local amenities and connectivity.

Top Employment Hubs near SBI Colony

Being well connected to different parts of the city, SBI Colony serves as a convenient stay option for those working in some of Hyderabad's major employment hubs located nearby. Some of the top employment hubs near SBI Colony include:

  • Raheja Mindspace, Pocharam – 19km
  • Olive Technology Limited – 13km
  • Mindspace Madhapur IT Park – 23.6km
  • Cyber Pearl – 25km

Famous Sub-Localities / Colonies / Areas near SBI Colony

Being a large locality, SBI Colony has several sub-colonies and neighbouring areas within close proximity. Some of the most popular areas near SBI Colony include:

  • Kothapet
  • Nagole
  • Saroornagar
  • Uppal
  • LB Nagar

Things to do in SBI Colony

  • Residents can spend leisurely mornings walking along the scenic tracks around this 195-acre urban Saroornagar Lake park, relaxing at its cafes or enjoying boating with friends and family.
  • Residents can spend memorable weekends admiring the rare and magnificent artefacts within this spectacular three-century old Salar Jung Museum housing over 40,000 objects of art, porcelain and sculptures.
  • Mahavir Harina Vanasthali National Park is spread over 625 hectares, the park offers residents opportunities to explore the varied flora and fauna of the deciduous forests while enjoying scenic landscapes of hills.
  • Nizams Museum housing rare exhibits of the ancient and progressive lifestyles of Nizams through its treasure of 3,000 artefacts, the museum gives insights on the luxurious yet culturally rich dynastic era.
  • Paigah Tombs is19th century architectural marvels comprising mausoleums and mosques allow pondering over the exquisite craftsmanship that reflected the legacies of the past ruling families.
  • Immersed in the old-world charm, residents can spend weekends wandering amid the lively markets beneath the iconic four minarets structure in the bustling markets of old Hyderabad city.

What is Good about SBI Colony?

  • Easy connectivity to all parts of the city via major roads and highways
  • Developing social and civic infrastructure with new schools, parks and community centres
  • Appreciating real estate market with rising property values
  • Greenery-filled locale ideal for raising families
  • Peaceful neighbourhood with gated communities and security

What is not Good about SBI Colony?

  • Traffic congestion on main roads during peak hours
  • Insufficient last-mile connectivity via public transit
  • Lack of entertainment options and shopping complexes
  • Scarcity of affordable housing options for budding professionals
  • Underdeveloped drainage and waste management systems in some areas
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Properties for rent in SBI Colony, Chennai

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FAQs

What is SBI Colony, Hyderabad famous for?

SBI Colony is a residential colony located in Kothapet area of Hyderabad, Telangana. It is famous for being home to many bank employees as it is named after State Bank of India. A lot of SBI staff resides in this colony making it very popular among bank employees.

Is SBI Colony, Hyderabad a developing area?

Yes, SBI Colony is considered a developing area in Hyderabad. Over the years, it has grown substantially with more infrastructure being added. The connectivity and amenities have improved with newer roads, convenience stores, restaurants, parks etc. coming up in and around the colony. However, it still lacks some developed facilities and public transportation when compared to other prominent parts of the city. But overall, SBI Colony is progressing well and transforming into a well-populated residential hub.

What is the pin code of SBI Colony, Hyderabad?

The pin code of SBI Colony, Kothapet, Hyderabad is 500035. This pin code should be used while shipping or receiving postal mail and packages to any address located within SBI Colony, Hyderabad.

Which railway station is near SBI Colony, Hyderabad?

The nearest railway station to SBI Colony, Hyderabad is the Hyderabad Deccan Station. It is about 9 km away from the colony and is very well connected to all parts of the city and beyond through local trains and other modes of transportation.

Is SBI Colony, Hyderabad good for living?

Yes, SBI Colony is considered a good place to live in Hyderabad. It is a peaceful residential area with a decent standard of living. The locality has several amenities and is well-connected to the rest of the city. There are schools, parks, bus stops, banks etc. in and around the colony. While it is still developing, SBI Colony offers an affordable housing solution for many. So, it serves as a popular housing option for those working in the city.