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Ranga Reddy Nagar, Chenna Reddy Nagar, North Hyderabad, Hyderabad, Hyderabad District

Pincode: 500037

Situated in: Hydrabad City

Ranga Reddy Nagar Hyderabad location map
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2 Flats for Sale in Ranga Reddy Nagar

3 Flats for Rent in Ranga Reddy Nagar

State: Telangana

District: hyderabad

Total Area: 45 km²

Population: 3919

Population Density: 863

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About Ranga Reddy Nagar, Hyderabad

Ranga Reddy Nagar is a residential locality in North Hyderabad. Situated off the Jagadgirigutta Road, this locality lies near localities like Gurumurthy Nagar, IDPL Colony and Asbestos Colony. The Ranga Reddy Nagar PIN code is 500037. It provides homebuyers with affordable housing options in a peaceful neighbourhood, within close proximity to amenities like hospitals, schools, malls and restaurants.

Ranga Reddy Nagar Hyderabad is inhabited predominantly by middle-income families and young working professionals. People here enjoy a relaxed lifestyle away from the chaos of the city centre. Early risers can be seen going for morning walks and doing yoga by the lakeside. Neighbourhood play areas and parks make it very suitable for kids. Culturally, it retains a sense of community where people know their neighbours and often join together to celebrate local festivals. The overall vibe remains cosmopolitan yet rooted in traditional Hyderabadi culture.

Physical Infrastructure of Ranga Reddy Nagar

Ranga Reddy Nagar in Hyderabad enjoys excellent physical infrastructure connectivity. NH65 and NH44 pass right next to the locality providing swift access to different parts of the city. The Kukatpally metro station on the Red Line is situated just 5 km away. The locality is well served by TSRTC buses which connect it to various parts of Hyderabad and Secunderabad. Begumpet Airport is 10 km away. Secunderabad railway station is 13 km away. Check out the Ranga Reddy Nagar map to know more. 

Social and Retail Infrastructure of Ranga Reddy Nagar

Ranga Reddy Nagar is well served by social infrastructure and amenities. Some top schools in the area include Netaji High School, The Hyderabad Public School, and St Alphonsa’s High School. Geetanjali Junior & Degree College, VANITHA DEGREE COLLEGE FOR WOMENS, and K VENKANNA JUNIOR COLLEGE are nearby.

ESIC Super Speciality Hospital and SVS Hospital are within 5-10 km and provide 24/7 healthcare facilities. Big shopping malls like Ashoka One Mall, A2A Central, and Maangalya Shopping Mall have eateries, grocery stores and retail outlets for daily needs. With the growth of this micro-market, more supermarkets, restaurants and lifestyle spaces are expected to come up in the vicinity.

Real Estate Market Trends and Rental Demand in Ranga Reddy Nagar

Ranga Reddy Nagar property rates have steadily increased over the past few years. The average price for 2BHK flats now stands between ₹60-70 lakh which is approximately 15% higher than 2018 levels. With more individuals looking to buy homes closer to social infrastructure like schools and hospitals, investors are drawing interest as well. Average Ranga Reddy Nagar property prices are around Rs. 8,677 per sq. ft. On the rental side, demand for villas and independent floors from IT professionals and nuclear families have kept rents firm at Rs 8,500-15,000 per month. More retail and residential projects in the pipeline are expected to support property appreciation and rental demand going forward.

Top Employment Hubs near Ranga Reddy Nagar

Ranga Reddy Nagar has emerged as a major employment hub housing industries and special economic zones. Its proximity to strategic locations has made it attractive for both labour and enterprises. With a talent pool readily available, Ranga Reddy Nagar has become a preferred residential location for the large working population in these major employment hubs. Some of the top employment hubs near Ranga Reddy Nagar are- 

  • HITEC City: 12.7 Km 
  • Cyberabad: 12.5 Km 
  • Ameenpur Industrial Area: 14 Km 
  • Patancheru Industrial Area: 23 Km 

Famous Sub-Localities / Colonies / Areas near Ranga Reddy Nagar

Within Ranga Reddy Nagar, several sub-localities have come up catering to different budget segments. These localities have enjoyed good appreciation in capital values owing to locational advantages and infrastructure upgrades over the years. Some of popular areas near Ranga Reddy are:

  • Devamma Basthi 
  • Gurumurthy Nagar
  • IDPL Colony
  • Asbestos Colony
  • Andhra Pradesh Housing Board Colony

Things to do in Ranga Reddy Nagar

  • Nehru Zoological Park is a must-visit for any animal lover. Spend your Saturday marvelling at exotic wildlife from all over the world in spacious enclosures.
  • Take an invigorating morning or evening stroll along the bund road skirting serene Durgam Cheruvu lake. Breathe in fresh air with magnificent views to lift your spirits.
  • Kothur Quarry Park is ideal for bonding with friends and family over picnics, treks and camping under starry skies. Unwind amidst lush greenery in this reclaimed haven.
  • Lush green NTR Gardens is the place to be amid art installations for a tranquil nature walk. Also catch larger than life selfies with the iconic statue!
  • Shopaholics can gratify all their desires at HITEC City. From high street brands to restaurants serving global cuisines, you're spoilt for choice.

Ranga Reddy Nagar stands out as a promising location option for both home buyers and investors due to its strategic location, physical and social infrastructure amenities and access to several key employment hubs in Hyderabad. The vibrant real estate market and surrounding landmarks make it an ideal residential address.

What is Good about Ranga Reddy Nagar?

  • Connectivity to major roads like National Highway
  • Presence of reputed schools, hospitals and shopping areas
  • Upcoming Metro extension will further boost connectivity
  • Established residential areas with good civic amenities
  • Proximity to leisure hotspots like parks and lakes

What is not Good about Ranga Reddy Nagar?

  • Internal roads in a few older sub-colonies require repair
  • Supply of quality grocery and provisions need to keep pace with demand
  • Public transport options during non-peak hours are limited
  • Entertainment facilities for youth and children are inadequate
  • Ambulance services and patrolling require improvement
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FAQs

Which are the best sub-localities to buy a property in?

Some of the most sought-after sub-localities in Ranga Reddy Nagar include Devamma Basthi, Gurumurthy Nagar, IDPL Colony, Asbestos Colony, and Andhra Pradesh Housing Board Colony. They offer established social infrastructure, green surroundings and good connectivity.

How is the rental yield in Ranga Reddy Nagar?

The average gross rental yield in Ranga Reddy Nagar ranges between 3-4%. Rents are generally higher for independent residences compared to apartments. Rents have been steadily rising y-o-y with demand from IT professionals and nuclear families outgrowing supply. Landlords can expect reasonable returns through renting properties in this location.

What is the pin code of Ranga Reddy Nagar?

The Ranga Reddy Nagar PIN code is 500037.

How will future growth impact capital appreciation?

With Ranga Reddy Nagar transforming into a major industrial and residential belt of Hyderabad, the locality of Ranga Reddy Nagar is expected to appreciate significantly in the long run. Factors like augmenting social infrastructure, ongoing infrastructure projects, rising employment opportunities and emergence of new investment hotspots will cumulatively fuel growth in this micro-market over the next 5-7 years. Investors can expect capital appreciation of 6-8% annually.