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Real Estate Forum on Manikonda Real Estate

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hello, I would like to know how the rental price trend in Manikonda is right about now? I have heard that the rental price may go up in the future.. What is the scenario like?
Latest Answer: It is expected that due to the various factor that are present in here, the rental price in this area will go up in the future, and this area will become a sought after real estate destination.
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Q: How is the development of HITEC City influencing the real estate market in Hyderabad? I’m considering buying property in the surrounding areas like Manikonda, Gachibowli, Madhapur, and Nanakramguda
Latest Answer: Hey, I think it is a good idea to invest in property in any of those areas. The prices of the apartments in Madhapur and Nanak Ram Guda are a bit on the high side. The average square foot price in Madhapur is Rs. 4764 and in Nanak Ram Guda it is Rs 5000. Other localities like Gachibowli, Manikonda or Kukatpally are slightly cheaper and more affordable. The average square foot price of apartments in these areas is around Rs. 3000. Extremely cheap apartments are hard to find around the HITEC City, but you can always charge an appropriate rent to make up for the amount that you invest in the property
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