Narayanguda, Hyderabad

Narayanguda is a popular residential and commercial locality located in central Hyderabad. The Narayanguda PIN codes are 500027 and 500029, Narayanguda is well connected to other prominent areas like Venkateshwara Colony, King Koti and Nampally. As a centrally located area with good social infrastructure and proximity to hospitals, colleges and transport hubs, Narayanguda offers convenient property investment and living options.

Narayanguda Hyderabad is located close to the Hussain Sagar lake. The area is predominantly residential and is home to people from upper middle class to upper class backgrounds such as business owners, senior professionals and retired government employees. People here enjoy a relaxed lifestyle but also have access to city amenities. The culture reflects the linguistic and religious diversity of Hyderabad with influences of Telugu, Urdu and Islamic traditions. Property in Narayanguda attracts those seeking to live in a heritage locality with a community feel.

Physical Infrastructure of Narayanguda

Narayanguda is well connected by various modes of transportation. The area is well served by the Hyderabad Metro rail with the Narayanaguda and Chikkadpally metro stations providing direct access to different parts of the city. NH65, NH163, NH44 are nearby. Himayat Nagar Road and Narayanguda Main Road are key routes for this area. Hyderabad train station is 4 km away. Begumpet Airport is 8 km away. Check out the Narayanguda map to know more. 

Social and Retail Infrastructure of Narayanguda

Narayanguda is well equipped with educational, healthcare and retail facilities. Some of the top schools in the area include Jingle Bell School, Sri Chaitanya High School and Gowtham Model School. For higher education, there are reputed colleges like Narayana Junior College, Avanthi Degree & PG College and Nizam College located nearby. Residents have easy access to healthcare with hospitals like Sri Sai Srinivasa Speciality Hospital and Woodlands Hospital in close proximity. For entertainment and shopping, malls such as CMR Shopping Mall and Maangalya Shopping Mall provide international brand outlets, restaurants and movie theatres. Daily needs can be met at local markets and shops in the colony. Overall, Narayanguda offers well-developed social and commercial amenities.

Real Estate Market Trends and Rental Demand in Narayanguda

The housing market in Narayanguda has remained robust over the years owing to its strategic location and social infrastructure development. Narayanguda property rates for buyers range from Rs. 55-75 lakhs for a 2 BHK and Rs. 90 lakhs to Rs. 1.43 cr for a 3 BHK. Rental prices are also on the rise with tenants willing to pay a premium to live in the well-developed locality. Landlords can charge monthly rents between Rs. 14,000-25,000 for a 2 BHK and Rs. 22,000-55,000 for a 3 BHK apartment. Both investors and end-users continue to seek properties in Narayanguda due to thriving job opportunities, social amenities and connectivity to the rest of the city via metro and highways.

Top Employment Hubs near Narayanguda

Being in close proximity to important commercial districts, Narayanguda residents have easy access to several major employment centres across Hyderabad. Some of the top employment hubs near Narayanguda include:

• VUnite Coworking Space and Virtual Office, Banjara Hills - 6.2km
• ICON Business Centre, Banjara Hills - 7.7km
• Workafella Banjara Hills Coworking Space, Banjara Hills - 7.7km
• Innovation Technology, Secunderabad - 8.2km
• iKeva Banjara Hills, Banjara Hills - 11.4km

Famous Sub-Localities near Narayanguda

Being a prominent locality in itself, Narayanguda is surrounded by other notable residential and commercial zones within close proximity. Some of the famous areas near Narayanguda are:

• Venkateshwara Colony
• King Koti 
• Nampally
• Chikkadpally
• Himayatnagar

Things to do in Narayanguda

Situated close to key landmarks of the city, residents of Narayanguda are never short of options for entertainment and recreation. Some of the top landmarks and things to do near Narayanguda are:

• Residents can spend leisurely mornings walking along the scenic tracks around this 195-acre urban Saroornagar Lake, 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 houses 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 is the 19th century architectural marvels comprising mausoleums and mosques allow pondering over the exquisite craftsmanship that reflected the legacies of the past ruling families.
• Charminar is 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 Narayanguda?

• Strategic location with excellent connectivity
• Abundance of social and civic amenities
• Proximity to employment hubs and places of interest
• Variety of property options to suit all budgets
• Vibrant community living with cultural diversity

What is not Good about Narayanguda?

While traffic congestion during peak hours and lack of open spaces in certain pockets need addressing, the overall infrastructure development of Narayanguda makes it one of the most desirable locations in Hyderabad for both home buyers and tenants alike. Further upgrades will augment real estate value here in the coming years.