New Mirjalguda, Malkajgiri, Hyderabad, Hyderabad District

New Mirjalguda is a developing residential locality located in the east part of Hyderabad, Telangana. New Mirjalguda PIN code is 500047. New Mirjalguda is well connected to other parts of the city and is close to popular localities like Malkajgiri, Mettuguda, East Marredpally and Neredmet. It provides affordable housing options for homebuyers. This blog will cover various real estate projects, trends, prices and factors to consider for buying a property in New Mirjalguda.

New Mirjalguda, Hyderabad is primarily a residential area and is home to people from diverse backgrounds. It attracts both young working professionals as well as families due to the affordable housing options. The locality has a mix of upper middle class and middle class residents who work in nearby IT parks, corporate offices and businesses. People here enjoy a relaxed lifestyle away from the hustle bustle of central Hyderabad. Telangana culture is widely prevalent with residents celebrating festivals like Bathukamma and Bonalu with great fervour.

Physical Infrastructure of New Mirjalguda

New Mirjalguda has good physical infrastructure to support its growing population. It is well connected to central Hyderabad by major roads like Malkajgiri Road and Lalapet Moula Ali road. Two expressways - inner Ring Road and SH1 are located close by for quick access. The locality is well served by Blue Line metro stations such as Secunderabad East Metro Station is nearby. Secunderabad Junction is 4 km away. Begumpet Airport is 8 km away. Check out the New Mirjalguda map for more. 

Social and Retail Infrastructure of New Mirjalguda

New Mirjalguda is well equipped with educational and healthcare institutions to meet the needs of residents. Some prominent schools in the area include Chinmaya High School, St. Francis de Sales High School and St. Ann's High School that offer quality education. On the medical front, Lucid Medical Diagnostics, Malkajgiri Dental Hospitals, Elbit Medical Diagnostic Centre and Railway Hospital are within close proximity. For higher education, prestigious universities like Sarojini Naidu Vanita Pharmacy Maha Vidyalaya, St Ann`s College Of Education and Deccans New Chaitanya Jr College are situated nearby. A few large residential layouts have come up recently with daily needs stores integrated. Anutex Shopping Mall and CMR Shopping Mall are favourite weekend hangout places for locals to shop and dine.

Real Estate Market Trends and Rental Demand in New Mirjalguda

The residential real estate market in New Mirjalguda has witnessed steady growth over the past few years due to improved physical and social infrastructure. New Mirjalguda Property rates are Rs. 8000 to 12000 sq. ft.. Buyers are willing to pay a premium for properties located near amenities. For sellers, it is a good time to capitalise on rising prices. On the rental front, demand is high from IT professionals and nuclear families. Landlords can charge Rs. 5,000-15,000 per month for 2BHK and 3BHK units due to lack of hostel facilities. Proximity to IT parks and malls has boosted both buying and leasing activity. Upcoming metro connectivity is expected to attract more investors and tenants to the region.

Top Employment Hubs near New Mirjalguda

New Mirjalguda is in close proximity to some of the top employment hubs such as 

• HITEC City: 21.3km
• Gachibowli: 25km
• Kondapur: 25km
• Madhapur: 22km

Famous Sub-Localities / Colonies / Areas near New Mirjalguda

Being a well-developed region, New Mirjalguda has several prominent residential suburbs within close proximity. Some of the most popular areas near New Mirjalguda include:

• Malkajgiri
• Mettuguda
• East Marredpally
• Neredmet
• Tarnaka

Things to do in New Mirjalguda

• Watch international and IPL matches in the atmosphere of this iconic 38,000 capacity Rajiv Gandhi International Cricket Stadium, equipped with modern facilities.
• Sanjeevaiah Children's Park is spread over 20 acres near Hussain Sagar lake, the park features a 5-acre kids play area with safari zoo, amphitheatre and walkways amid lush greens, ensuring a memorable outing.
• Charminar is iconic 15th century four minaret monument and experience the bustling markets around selling unique bangles, spices, fabrics in lanes of old Hyderabad's old city.
• Spend peaceful moments at this ancient and serene Tadbund Hanuman Temple, admired by locals for its imposing architecture and calm surroundings.
• Safilguda Lake Park is sprawling 30-acre artificial lake enjoying activities like boating on the waters, walking or jogging on the 3 km trail amid a children's play area, open air theatre and lush gardens.
• Find solace inside this exquisitely carved ISKCON - Sri Sri Radha Gopinath Mandir, known for its tranquil environment and hosting regular cultural events and spiritual discourses.

What is Good about New Mirjalguda?

• Developing social and physical infrastructure with more amenities being added.
• Proximity to major IT hubs providing job opportunities.
• Affordable housing options compared to other localities.
• Peaceful residential area away from city chaos.
• Established educational and healthcare facilities in the vicinity.

What is not Good about New Mirjalguda?

• Public transport connectivity can be augmented with more bus routes.
• Greenery and open spaces in residential layouts need expansion.
• More retail stores and entertainment zones will enhance lifestyle.
• Additional police presence will improve the sense of safety.
• Construction of a proposed flyover can help reduce traffic congestion.