The city contributing highest to the GDP of Andhra Pradesh, better
called the “City of Pearls”, is Hyderabad. Being a leading credit center
of the country and a major hub of IT/ITeS companies, the city's economy
has a strong foothold. The realty sector too has grown substantially
here and in spite of the recent division of the city, the property
market, here, has been doing well. As far as rental property in Hyderabad
is concerned, it too is faring well, at least in some of the
localities. The appreciation in rental rates in areas like Gachibowli,
Hitech City, Kondapur, Manikonda, and Miyapur is a clear indication of
that.
The localities like Gachibowli, Jubilee hills, Kondapur, Begumpet, and Banjara Hills offer rental properties that can cater to the needs of people from different income segments. So, a 2-BHK house for rent in Hyderabad in an area like Gachibowli can cost you around 12k/month, while the same can cost around 30k, for better amenities and state of furnishing. Similarly, at Kondapur, you can find residential properties ranging between 12k and 25k. At Ameerpet too, an unfurnished 2 BHK is available at a monthly rental of 5k, while a fully furnished one, occupying the same per sq. ft. area can cost you up to 13k.
Apartments in Hyderabad is available in different price segments; it depends upon the type of location and the amenities offered to the users. The rental rates falling in the bracket of 11k-20k are commonly found in localities such as Begumpet, Madhapur, Jubilee Hills, KPHB, Nallaganda, Srinagar Coloney, SR Nagar, Ameerpet, and Moti Nagar. The rates at most of these places have seen a good appreciation in the first quarter of 2013, if compared to last year. For instance, Miyapur has seen a rise of about 11% in the rental rates. At Ameerpet, Srinagar Coloney, and SR Nagar, an escalation of 5%, 7%, and 11% , has been witnessed, in that order.
For users who are looking for a rental property in Hyderabad in higher price segments, there are several options like Kondapur, BHEL, Jubilee Hills, where well-furnished flats can be hired on rent. BHEL is one of those colonies where a 2 BHK carries the monthly rental rate as high as 2.5 lacs! The locality is popular among the elite class who have enough disposable income to pay such high rentals.
So you see, tenants have so many options to choose from. Depending upon their budget and locality preference, they can make their choice. Going for a locality that has good connectivity.
Makaan.com is a property portal, one of the fastest growing ones, where you can buy, sell or rent properties. Lacs of properties are available across different cities of India and can be chosen depending upon criteria like location, price, age, and state of furnishing.
The localities like Gachibowli, Jubilee hills, Kondapur, Begumpet, and Banjara Hills offer rental properties that can cater to the needs of people from different income segments. So, a 2-BHK house for rent in Hyderabad in an area like Gachibowli can cost you around 12k/month, while the same can cost around 30k, for better amenities and state of furnishing. Similarly, at Kondapur, you can find residential properties ranging between 12k and 25k. At Ameerpet too, an unfurnished 2 BHK is available at a monthly rental of 5k, while a fully furnished one, occupying the same per sq. ft. area can cost you up to 13k.
Apartments in Hyderabad is available in different price segments; it depends upon the type of location and the amenities offered to the users. The rental rates falling in the bracket of 11k-20k are commonly found in localities such as Begumpet, Madhapur, Jubilee Hills, KPHB, Nallaganda, Srinagar Coloney, SR Nagar, Ameerpet, and Moti Nagar. The rates at most of these places have seen a good appreciation in the first quarter of 2013, if compared to last year. For instance, Miyapur has seen a rise of about 11% in the rental rates. At Ameerpet, Srinagar Coloney, and SR Nagar, an escalation of 5%, 7%, and 11% , has been witnessed, in that order.
For users who are looking for a rental property in Hyderabad in higher price segments, there are several options like Kondapur, BHEL, Jubilee Hills, where well-furnished flats can be hired on rent. BHEL is one of those colonies where a 2 BHK carries the monthly rental rate as high as 2.5 lacs! The locality is popular among the elite class who have enough disposable income to pay such high rentals.
So you see, tenants have so many options to choose from. Depending upon their budget and locality preference, they can make their choice. Going for a locality that has good connectivity.
Makaan.com is a property portal, one of the fastest growing ones, where you can buy, sell or rent properties. Lacs of properties are available across different cities of India and can be chosen depending upon criteria like location, price, age, and state of furnishing.
valuable information you have shared about real estate.
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