Rein Bazar, Yakutpura Colony, South Hyderabad, Hyderabad, Hyderabad District

Rein Bazar is a sub-locality in Yakutpura, Central Hyderabad. The Rein Bazar PIN code is 500023 and it is in close proximity to popular localities like Malakpet, Saidabad and Chanchalguda. Known for its food stalls and crowded streets with shops selling clothes, accessories and meat products, Rein Bazar offers affordable housing options for home buyers and renters.

Rein Bazar Hyderabad is home to a diverse population ranging from multi-generational families to young professionals. Residents typically lead an upbeat local lifestyle centred around the bustling markets and food stalls of the area. The culture of the locality remains strongly influenced by its heritage, with Urdu and Telugu seen on signboards and residents following traditions passed through generations. People take pride in the close-knit community feel and unique culture of Rein Bazar, which is reflected in customs, attire and flavoursome local cuisine still prepared using centuries-old recipes. 

Physical Infrastructure of Rein Bazar

Rein Bazar infrastructure is well connected via major transportation routes in Hyderabad. The closest metro station is New Market on the Red Line, which is around 3 km away. The area has easy access to NH765 and NH 65. Hyderabad train station is 6 km away. Begumpet Airport is 13 km away. Overall, the physical infrastructure is quite sound for transportation and daily needs support of residents. Check out the Rein Bazar map to know more.

Social and Retail Infrastructure of Rein Bazar

The property is located in close proximity to some of the best social infrastructure facilities in the city. VIP's International School, New Era Mission High School and Vision Academy High School are within 2-3 kms providing excellent schooling and education options. For any medical emergencies, wide choices like Sravani Hospital and Unique Dental Clinic & Laboratory are within a 5 km radius according to the Rein Bazar map. Entertainment and retail needs of residents are well taken care of with malls like South Dreams Mall and CMR Shopping Mall located close by. The upscale area is filled with cafes, restaurants and shops on the main roads. The social and retail infrastructure makes this location very attractive for buyers.

Real Estate Market Trends and Rental Demand in Rein Bazar

Rein Bazar property prices have been growing steadily over the last few years. Property rates in this area have appreciated by almost 35-40% in the last 5 years, catering well to sellers. This is mainly due to immense rental demand from IT professionals and nuclear families. As IT/ITES companies have grown their presence in nearby Gachibowli and HITEC City, housing and rental demand too have increased from employees and young working professionals. Average Rein Bazar property rates are around ₹8,306 per sq ft. Proximity to social and retail infrastructure also drives up property costs. Landlords are commanding 15-20% higher rentals compared to similar localities due to guaranteed tenants. Average rent is between 6000 and 12000 per month. Both homebuyers looking for end-use and investors are exploring properties in Rein Bazar due to promising returns and strong capital appreciation in the long run.

Top Employment Hubs near Rein Bazar

Being situated in close proximity to the financial district of Hyderabad, residents of Rein Bazar have many prominent employment hubs within easy access. The location's close proximity to these top employment hubs ensures easy availability of job opportunities for residents. Some of the top employment hubs near Rein Bazar are- 

• Gachibowli – 21 Km
• HITEC City – 21 Km 
• Financial District – 25 Km 
• Kondapur – 24.2 Km 

Famous Sub-Localities / Colonies / Areas near Rein Bazar

Being a hotspot for property investment and dwelling, Rein Bazar has given rise to many renowned sub-localities over the years. These sub-localities in close proximity add to the advantages of owning a property in Rein Bazar. Some popular areas near Rein Bazar are- 

• Salala Nagar 
• Malakpet
• Saidabad 
• Chanchalguda

Things to do in Rein Bazar

• Lumbini Park is a must visit on weekends. Spread over 25 lush acres, it's the perfect escape from the city chaos. Take a relaxing stroll along the jogging tracks or chill with friends by the lovely man-made water bodies.
• For a glimpse into the heritage of Hyderabad, Hussainsagar should be on your list. Glide along peacefully in a shikara boat and admire the beautiful sunset views of the city skyline. Don't forget to try the delicious biryani stalls along the lake edge.
• Religious buffs will love the ornate architecture and peaceful vibes of Birla Mandir. Offer your prayers at this iconic Hindu temple known for its intricate marble and wood carvings.
• History lovers, you cannot miss the evocative Golkonda Fort. Walk through its passages and get an insight into the power and glory of the Qutub Shahi dynasty that once ruled from here.

The Rein Bazar locality has excellent social, physical and retail infrastructure making it a desirable residential and investment location. With proximity to prominent employment hubs and growing real estate market prospects, properties here assure both livability and capital appreciation. The area surely has a lot to offer for homeowners and investors alike.

What is Good about Rein Bazar?

• Proximity to IT corridor ensuring job opportunities
• Well-developed social infrastructure like hospitals, schools and malls
• connectivity via major roads and access to the airport within 30 mins
• Greenery and clean environment compared to central areas
• Established residential colonies with good civic amenities

What is not Good about Rein Bazar?

• Traffic congestion on main roads during peak hours
• Lack of sufficient public transport options
• Availability of houses/flats at affordable rates can be better
• Improvement required in some service quality of civic bodies
• Development of arts/culture spaces will enhance lifestyle