Nanakaramguda, Hyderabad

Nanakramguda is a prominent locality located in the western part of Hyderabad city in Telangana. The Nanakramguda pin code is 500032, Nanakramguda is situated near popular localities like Gachibowli, Khajaguda and Financial District. Home to many IT companies and luxury residential projects, Nanakramguda has emerged as one of the most sought after locations for homes and offices in Hyderabad due to its proximity to major employment hubs and international airports. 

Nanakramguda Hyderabad is primarily inhabited by upper middle class families working in IT, biotechnology and other white collar sectors. Due to the presence of many global MNCs in the area, the lifestyle in Nanakramguda is cosmopolitan. People enjoy an affluent quality of life with abundant shopping, dining and entertainment amenities. Culturally, the locality represents a mix of Telangana and other Indian cultures, as well as foreign influences given the international profile of its residents.

Physical Infrastructure of Nanakramguda

Nanakramguda is well-connected via transportation infrastructure. Nehru ORR and Old Mumbai Highway are nearby. Wipro Circle Road and ISB Road are key routes for this area. Hi-Tech City train station is 12 km away. Begumpet Airport is 18 km away. Durgam Cheruvu metro station on the Blue Line is 9 km away. Check out the Nanakramguda map to know more. 

Social and Retail Infrastructure of Nanakramguda

The social infrastructure of Nanakramguda is well-developed to cater to the needs of residents. Renowned educational institutes like Kendriya Vidyalaya, Gachibowli, Manikonda government school and Pavithra International School provide quality education. For higher education, the locality is close to reputed colleges like the Centre of Excellence of Institute of Chartered Accountants of India, Maulana Azad National Urdu University and Indian School of Business. Healthcare needs are served by hospitals such as Srija Hospital, Himagiri Hospital and Pacific Hospitals Pvt Ltd. Nanakramguda is also home to popular malls like South India Shopping Mall, Preston Prime Mall & Multiplex and Alcazar Mall offering retail, entertainment and dining options.

Real Estate Market Trends and Rental Demand in Nanakramguda

The Nanakramguda property rates have grown significantly over the last decade due to increased infrastructure developments and availability of quality social amenities as covered earlier. Average Nanakramguda property prices are currently between Rs. 8,000-12,000 per sqft for independent houses and Rs. 9,000-13,000 per sqft for apartments. This reflects an appreciation of 20-30% compared to 5 years ago, making it an attractive investment option for buyers. Similarly, rental yields are healthy at 3-4% for independent houses and 3-5% for flats due to growing demand from IT professionals and nuclear families. The area has thus emerged as a preferred rental destination for landlords.

Top Employment Hubs near Nanakramguda

Being in close proximity to major IT/ITES and industrial clusters, Nanakramguda residents have easy access to job opportunities. Some of the top employment hubs near Nanakramguda include:

• WaveRock SEZ - 0.6km
• Divyasree NSL Orion - 6km
• Kohinoor IT Park - 8km
• Cyber Pearl - 9.7km
• Mindspace Madhapur - 7.6km

Famous Sub-Localities near Nanakramguda

Being a prominent residential and commercial hub, Nanakramguda has several sub-areas within its vicinity. Some of the famous areas near Nanakramguda are:

• Gachibowli, Hyderabad
• Financial District, Hyderabad
• Khajaguda, Hyderabad
• Kokapet, Hyderabad
• Manikonda, Hyderabad

Things to do in Nanakramguda

As one of the most developed localities in Hyderabad, Nanakramguda and its nearby areas offer a wide variety of things to see and do for residents and visitors alike. Some of the top landmarks and things to do near Nanakramguda are:

• Sri Kotla Vijaybhaskar Reddy Botanical Garden is spread over 25 acres, this beautiful garden has over 2000 plant species, fountains and walkways. It is a popular spot for walks, picnics and exercising.
• Sri Venugopala Swamy Temple is ornate temple with carved pillars and sculptures is an important place of worship. Large crowds visit during festivals.
• Novotel Complex Lake is a scenic lake plays host to various recreational activities. Boating and swimming are allowed at specific timings.
• Gachibowli Stadium is 38-acre multi-purpose facility sees many national and international sports events. Residents enjoy watching cricket, football and tennis matches here.
• Calvary Temple attracts thousands every Sunday. The architecture and ambience make for a memorable experience.

What is Good about Nanakramguda?

• Well developed social and physical infrastructure
• Proximity to major employment hubs
• Abundant recreational opportunities
• Appreciating property values
• Strong rental returns

What is not Good about Nanakramguda?

• Traffic congestion during peak hours needs addressing
• Availability of affordable housing is limited
• Stray animal Menace in some parts
• Dependency on private transport over public transport
• Protection of remaining green spaces in the rapid development