Hyderabad,
a city with a stronghold over IT sector and excellent physical
infrastructure, sees a good demand for rental properties every year.
It is not its local population from where the demand for rental
properties comes. A major part of it is derived from the expatriates
too. Rental market, in contrast to buy market, has been able to
sustain itself better. To hire a house on rent in this city, a tenant
must know of the preferred localities and the prices that they carry.
Let's have a look on these.
Kothaguda,
one of the preferable locations for hiring a house for rent in Hyderabad.
This suburb is backed with a a string economy and high developmental
rate. Created as a model town, Kothaguda's has witnessed a sea change
in key areas of its infrastructure. Marredpally, divided into east
and west parts, is residential upmarket of Hyderabad. Laced with
educational institutes, supermarkets, malls, and hospitals, the
locality has gained prominence in realty market.
Jubillee
Hills and Banjara Hills, Hyderabad
real estate up-markets
known for their expensive realty prices and high-end infrastructure,
are usually inhabited by the elite and high-income groups. Both are
major commercial centers and are marked with swanky malls and
restaurants. Jubilee Hills, the political hub of Hyderabad, is
distinguished for having some high-end film studios.
Madhapur,
another locality known for its IT sector, is preferred by buyers from
high-income groups. Apart from having software industry, the
locality is also known for the presence of a number of international
BPOs. Ameerpet, a locality more popular for its set of training
institutes, was a mere a pool of undeveloped plots a decade ago. At
present, it is witnessing a number of real estate constructions.
Kuktapally is a major residential as well as commercial hub of North
Hyderabad and is one of the best localities for tenants who are on
the look-out for a flat
for rent in Hyderabad.
Its strategic proximity to Hitech City has rendered several
advantages to it.
Bowenpally is a locality inhabited by mid and high income groups. The
suburb is a part of Secunderabad. Gachibowli has some major companies
like Accenture, Capegemini, Wipro, and Amazon. Hitech City is a
technology township sprawled over 151 acres and has been built in
different phases like Cyber Tower and Cyber Gateway. The all-famous
Mindspace IT Park too is located here and carries the capacity of
370,000 sq meter of office space.
Makaan.com,
a leading realty portal, features under-construction and
ready-to-move real estate in Hyderabad India.
The site also lists budget and luxury house
for rent in Hyderabad
across its various localities.
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