Market Scenario for a Two Room House for Rent in Hyderabad Properties

Much ruckus was created before Telangana was created, and Hyderabad city found itself in the middle of different type of speculations. While several trade pundits predicted the rental market in the city to go only in one direction, i.e. down, the scenario post Telangana is indicating quiet contrary. After the division, the rates of rental properties escalated, especially in South Hyderabad. Over areas like Gowlipura and Lala Darwaja, the rental prices have almost doubled. Though in localities, rental rates went down, 2014 is expected to see in overall appreciation.

To know of the rental price trends, consider a 2 BHK apartment. Among the budget localities come names like Ameerpet, Begumpet, Boduppal, and Beeramguda. A hire a two room flat across these localities, a tenant may need to pay rent in 3-5k range. The monthly rental in 6-10k price bracket is prevalent in Tolichowki, Bachupally, Bowenpally, Lingampally, Madinaguda, and Nizampet. The other areas where the rental rates of properties in Hyderabadare almost similar are LB Nagar, Mehdipatnam, Madhapur, Himayath Nagar, Malkajgiri, and Domalguda. Some prime locations such as Gachibowli, D D Colony, KBHB, Miyapur, Kondapur, and Ameerpet too offer rental properties in this price bracket. A house for rent in Hyderabad with rental range 11-15k can be searched across S R Nagar, Hi-tech City, Srinagar Colony, Banjara Hills, Jubilee Hills, Nallagandla, Panjagutta, and Narsinghi

As far as average per square feet rate of rental properties in Hyderabad localities come with different values. While Banjara Hills, Gachibowli, Hitech City, Jubillee Hills are some of the expensive places to live at, and the psf rates across these are high: 14-18/ sq. ft. D D Colony, Ameerpet, Begumpet, Miyapur, Malkajgiri, KBHB Colony, Kondapur, and Kothaguda carry average psf rates in 8-14/ sq. ft range. The population boom over Hyderabad's Inner Ring Road(IRR) has attributed to the rise in rentals in Banjara Hills, Attapur, Begumpet, LB Nagar, and Nagole. The recent widening of IRR further gave a boost to rental rates in the areas lying on its either side. Areas around Charminar too have undergone price appreciation of their rental properties. To hire a rental property in Darulshifa, Khilawat, and Pathergatti, a tenant may have to pay rental in 6-10k bracket.