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Best Residential Areas in Hyderabad to Find Flats for Tenants

Admin 01 Sep 2022 2811 Views
Advice Purchase Investment

Are you looking for the best places to live in Hyderabad? Here's a quick overview of all the localities. Hyderabad is a popularly known city. It is home to the IT industry, top-notch educational institutions, amazing weather, affordable places, and vibrant nightlife. Bachelors and families are particularly interested in places that offer good facilities and affordable housing.

After the 2014 split of Andhra Pradesh, property values in Hyderabad, Telangana's capital city, have grown steadily. Housing.com data shows that Hyderabad's average property value is slightly higher than Chennai or Bengaluru. After a 7% increase in 2020, Hyderabad's average property rate was Rs 5,900-6100 per square foot. The number changes from time to time. 

Top 10 Best Residential Areas in Hyderabad

  • Uppal

Uppal Kalan, a neighborhood in East Hyderabad, is one example. This is where property prices are lower than in other areas of Hyderabad. This area is also home to many IT companies, top-notch education institutions, metros, and easy connectivity to other areas in Hyderabad. 

  • Madhapur

Madhapur can be found in the middle of Hitech City. This area is home to some of the best IT companies, parks, and top-notch colleges. It is close to many popular areas, such as Gachibowli and Banjara Hills. This area also has public transportation facilities that allow residents to commute. 

  • Banjara Hills

Banjara Hills is a major commercial and financial center in Hyderabad. It is home to some of Hyderabad's most wealthy and populated areas. It is home to many international schools and other amenities that allow for a hassle-free, comfortable living experience. 

  • Ameerpet

Ameerpet, located in the southwest corner of the city, is a well-known commercial hub because of its presence of software training and coaching institutes. Students can easily find good Pgs, rental flats, and independent houses at reasonable rates. This area is also close to shopping centers, hospitals, ATMs, and supermarkets. 

  • Begumpet

Begumpet is an important urban commercial and residential center in Hyderabad. This area is home to affordable properties and a number of top MNCs and government offices. This area is ideal for families and bachelors to live in. It is close to Begumpet Airport.

  • Somajiguda

Somajiguda, a peaceful residential area, and a modern business hub is home to many commercial activities. It is known for its top-ranking places, such as the top MNCs and other socio-civic institutions that it offers its residents. It is well connected to rail and roads via buses and metro services.

  • Gachibowli

Gachibowli, a suburb located 5km from Hitech City, is called. Another IT hub, it is home to software companies. It also has a hospital, a mall, and an athletic stadium that offers comfort to its residents. This Gachibowli area comes in one of the best residential areas in Hyderabad for tenants, especially those who want the best living space for them near their workspace.

  • Manikonda

Manikonda, the home of software company headquarters, is well-known for its residential projects and layout. It is a posh area that offers amenities such as residential properties in Hyderabad, shopping malls, entertainment places, and its connection to the sports complex. It is well connected to all parts of Hyderabad via buses.

  • Miyapur

Miyapur can be found in the northwest corner of Hyderabad. This area is ideal for people looking for affordable homes and multiple job opportunities. Miyapur is an ideal place to live, thanks to its great connectivity and accessibility to all amenities and social infrastructure.

  • Kondapur

One of the most desirable suburbs in Hyderabad is Kondapur. This area has become a popular commercial and residential center due to its proximity to Gachibowli, a High-tech city, and other important sites. It is easily accessible from major IT companies, as well as the airports and rail stations. Kondapur is the ideal place to settle in Hyderabad because it has hospitals, schools, and shopping.

You May Also Read Cost of Living in Hyderabad 

What Makes Hyderabad city a worthwhile Place to live in?

  • IT & Employment Center

There are many employment opportunities. These are great areas where one can expect huge returns from investments. Hyderabad is a leader in Hyderabad's IT and Real Estate Markets. There are many great job opportunities in the city. People want to move to the city because of this. The strong and vibrant labor market drives demand for apartments, villas, and open spaces in industrial areas. 

  • Hyderabad City Planning

Many open spaces in the area can be accessed from the city center. This allows builders to offer presentations in Hyderabad. These facilities are in quiet, natural settings far from the crowd. These projects offer a luxurious lifestyle in open spaces. You can find homes in formal areas with pre-launched buildings in Hyderabad. However, you won't be distracted by luxury or convenience.

You May Also Read What is the Construction Cost in Hyderabad 

How to Choose Budget-Friendly Apartments in Hyderabad

Everybody has dreamed of owning and moving into their dream home at one time or another in their lives. It is not easy to turn your dream into reality. Affordability is one of the biggest constraints buyers face. The price to buy properties in Hyderabad can be a stumbling block in your purchase decisions and can also prove to be a burden. A homebuyer should look for affordable flats in Hyderabad.

It's not surprising that Hyderabad has seen an increase in demand for affordable flats. Affordable housing is a popular buzzword in real estate. Buyers are looking for affordable apartments that will meet their housing needs.

The new South Hyderabad flats are a game-changer in affordable housing. However, it is important to do your research and plan carefully before you invest in a budget-friendly apartment.

Summary

Hyderabad is a big city that offers a good lifestyle and a reasonable budget. Hyderabad's housing market is lower than other cities in India. Hyderabad offers all the charm of a large city at a reasonable price. Hyderabad is a city that is renowned for its high quality of life. The best residential areas in Hyderabad are wonderful cities to live in. If you're an IT professional looking to move to Hyderabad, these are the best areas to live in. You can choose any of these localities by researching and prioritizing your needs. This will allow you to live a happy, fulfilled life.

 Must Know About  Hyderabad Realestate and Reasons behind the Exceptional Growth of Hyderabad Real Estate 

About Author

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Jatin Dubey

An enthusiastic content writer who is a law graduate and has been working as Real Estate Consultant for around 9 years.
He has worked with top Real Estate Agencies and Builders in Delhi, Bangalore and Pune. His skills to perform market analysis and explore high potential localities has helped many clients in the past.

An enthusiastic content writer who is a law graduate and has been working as Real Estate Consultant for around 9 years.
He has worked with top Real Estate Agencies and Builders in Delhi, Bangalore and Pune. His skills to perform market analysis and explore high potential localities has helped many clients in the past.