Veera Reddy Colony, Khairatabad, North Hyderabad, Hyderabad, Hyderabad District

Veera Reddy Colony is located in Hyderabad, Telangana. It is one of the popular residential localities in the city. Veera Reddy Colony PIN code is 500004 and is well connected to other major areas of Hyderabad like Madhapur, HITEC City, Gachibowli etc. It is in close proximity to Naveen Nagar, Bhola Nagar, and Chintal providing easy access to major roads, offices and other neighbourhoods in the city.

Veera Reddy Colony, Hyderabad is primarily a residential locality inhabited by upper middle class families working in the IT industry. Due to its proximity to major tech parks like HITEC City, the colony houses many young IT professionals and employees of large MNCs. People in the colony enjoy a relaxed lifestyle yet are constantly connected to the fast pace of the city. The locality has a cosmopolitan culture with people from different parts of India and abroad co-existing harmoniously. It offers a good blend of urban facilities amidst a placid residential environment.

Physical Infrastructure of Veera Reddy Colony

Veera Reddy Colony is well connected with major transportation infrastructure. The nearest metro station is Khairatabad metro station which is around 1 km from the locality. NH65, NH163, and NH44 passes nearby the locality. Begumpet Airport is 6 km away. Secunderabad Railway Station is 10 km away. Check out the Veera Reddy Colony map to know more.

Social and Retail Infrastructure of Veera Reddy Colony

Veera Reddy Colony is well equipped with various social and retail infrastructure that cater to the needs of locals as well as people from nearby areas. Some of the prominent institutions in terms of education are Greenwood Kindergarten Center, Kalpa School, Meridian School, and Jawaharlal Nehru Architecture and Fine Arts University. 

For healthcare, locals can visit hospitals like Kaya Clinic, CARE Hospitals, Sais Institute of Endocrinology & Specialty Clinics and CARE Outpatient Centre etc. Various shopping complexes and malls like City Center Mall, GVK One Mall provide retail therapy. Daily needs are fulfilled by the presence of supermarkets like Reliance Fresh, Balaji Grand Bazaar. With established schools, colleges, hospitals, malls and retail spaces, Veera Reddy Colony provides its residents with high quality social and retail infrastructure.

Real Estate Market Trends and Rental Demand in Veera Reddy Colony

The real estate market in Veera Reddy Colony has been growing steadily over the years due to its strategic location and excellent social and retail infrastructure. For buyers, the Veera Reddy Colony property rates for residential units range from Rs. Rs.85 Lakhs to Rs. 1.5Cr depending on the location and amenities. Due to an increase in IT/ITes jobs in nearby HITEC City, there is significant demand for rental housing as well. This has pushed up monthly rents for 1BHK, 2BHK and 3BHK units to ₹6,500-12000, ₹15000-20000 and ₹20000-25000 respectively over the last 5 years. Landlords prefer tenants from working professionals to ensure timely rent payments. Both buyers and tenants continue to benefit from the prevailing social infrastructure, community feel and proximity to offices in this developing micro-market.

Top Employment Hubs near Veera Reddy Colony

Veera Reddy Colony is located in close proximity to some of the top employment hubs of Hyderabad which have created a large workforce in the area.

• Battineni's Techpark - 5km
• SANDHYA TECH PARK - 8km
• SBR SIRI TECH PARK - 9km
• Divyasree Tech Park - 9km
• Dallas IT park - 10km

Famous Sub-Localities near Veera Reddy Colony

Being a prominent locality in Hyderabad, Veera Reddy Colony has several major residential and commercial sub-localities. Some of the most popular areas near Veera Reddy Colony include:

• Naveen Nagar
• Bhola Nagar
• Chintal 
• Khairtabad
• Punjagutta

Things to do in Veera Reddy Colony

• NTR Gardens is stroll along the 3 km stretch beside Hussain Sagar lake enjoying scenic views. Spend evenings amid tranquil settings with cafes, walking/jogging trails.
• Birla Mandir is a marvel at architecture of this magnificently built white granite temple over 30 acres. Offers solace with sermons, cultural activities held in its lawns.
• Buddha Statue is a 176 ft granite statue atop a hill, the second largest in the world. Panoramic views of the city from the vantage point during sunset.
• Salar Jung Museum have over 50,000 rare antiques, explore three floors housing sculptures from East Asia, India, weapons.
• Visit Chowmahalla Palace to experience Nizams’ lifestyle touring rooms adorned with carvings, paintings while admiring lawns and fountains in backdrop of imposing structures.
• Charminar is symbolic landmark built in 1591 AD, visit monuments and experience bustling markets around selling bangles, spices and fabrics.
• Nehru Zoological Park Hyderabad is spread over 300 acres, observe wildlife in their natural habitats including white tigers and Asiatic lions along tree-lined trails.

What is Good about Veera Reddy Colony?

• Established social infrastructure with top schools, hospitals and amusement areas.
• Proximity to prominent IT clusters like Gachibowli and HITEC City.
• Wide choice of property options to suit varying budgets.
• Thriving retail scene with popular malls and markets.
• Peaceful residential atmosphere amid urban conveniences.

What is not Good about Veera Reddy Colony?

• Traffic congestion during peak hours on main roads.
• Lack of abundant open or green spaces within the immediate vicinity.
• Scarcity of parking facilities with increasing vehicle ownership.
• Rising property prices.