Most of the cities in southern India have their
realty markets harping largely on the IT sector. Hyderabad, in
particular, sees a high number of residential and commercial inquiries
that are derived from the well-established software market here. The
demand for rental properties too is quiet high in the city. The number
of expatriates that arrive here in search of jobs find living as tenants
the viable option. The low and middle segment income group too prefers
to live on rental properties. There are certain localities where average
rental rates are quite nominal, while at others, they can be very high
to afford by average end-users.
Hyderabad real estate
offers a number of options to the seekers of 2 BHK rental houses. The
prices can vary widely from one locality to the next. In Greater
Hyderabad, the ideal options are APPA Junction and Kothapet. While APPA
Junction is an affordable locality, with monthly rental rate as low as
3-4k, at Kothapet, the prices are relatively higher. A two bedroom
rental flat is available at around 10k here. Within the Hyderabad city,
the localities where monthly rent varies between 5k-10k are many:
Kukatpally, Moti Nagar, D.D. Colony, Nallakunta, Vidya Nagar, Sai Murthi
Nagar, Madinaguda, Attapur Ring Road, Nagole, A.S. Rao Nagar, and
Vamasthali Puram. At Uppal Mandal, A.S. Rao Nagar, and ECIL too offer
budget rates.
For the higher range, i.e. 11-20k range, flats for rent in Hyderabad
can be searched in localities like Yellareddy Guda, Barkath Pura,
Tolichowki, Hafeezpet, KPHB, Miyapur, Tulsinagar, Srinagar Colony,
Basheer Bagh, Hyderguda, Kachiguda, and Himayath Nagar are good options
for the tenants. Puppalguda, Ameerpet, Indira Nagar, Krishna Nagar,
Kondapur, Balanagar, Yellareddy Guda too come under this category. In
some localities of Kondapur, Jubillee Hills, and Madhapur, the
properties carry hefty rates: in 20-35k range. The reason for heavy
rental in these colonies lies in their well-developed infrastructure and
availability of modern amenities. Most of these areas are the ones
where there are well-established IT companies and there is no dearth of
employment opportunities.
Makaan.com, the eminent realty portal, lists numerous flats for rent in Hyderabad, Bangalore, Chennai, and other metropolitan cities. The end-users can buy, rent, and sell Hyderabad real estate properties in different price brackets.
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