Location and Connectivity

Chanda Nagar, situated in the north-west of Hyderabad, is a suburb boasting excellent links to various parts of the city. Positioned close to key areas such as Miyapur to the north, Lingampally to the south, BHEL Township to the west, and Hafeezpet to the east, it’s a smart spot. Roads and public transport like metro rails and bus stops make it perfect for folks who value ease and convenience.

Property Types and Prices

Chanda Nagar provides a wide range of properties for all budgets.

• Apartments:

  • Flats here average from ₹5,500 to ₹7,200 per square foot. A small 1 BHK flat may range from ₹17.5 lakhs to ₹57.14 lakhs, while a bigger 2 BHK flat from ₹25 lakhs to ₹80 lakhs.

• Builder Floors:

  • These typically cost between ₹5,000 to ₹6,900 per square foot.

• Villas and Independent Houses:

  • Though scarce, villas come at varying prices depending on size and features.

• Land:

  • Rates here are ₹7,400 to ₹18,400 per square foot.

Amenities and Infrastructure

Chanda Nagar is nicely structured with good physical facilities such as:

• Roads and Transportation: Concrete roads, footovers, and close access to metro rails and bus stops.

• Utilities: Constant electricity and water, and good underground drainage.

• Educational Institutions: Nearby are several schools like Cornerstone School, Alif High School, Insignis Transnational School, and others.

• Healthcare: There are many hospitals around like Vijayasree Hospital, Sai Siva Children's Hospital, Prk Hospitals, and more.

• Shopping and Dining: You have multiple shopping malls, supermarkets like The Fresh Market and Vijetha Supermarkets, and dining options like Swagath Residency and Bawarchi Mughal Restaurant.

• Fitness and Leisure: Plenty of gyms, yoga centers, and fitness clubs are spread throughout.

Demand and Supply

Chanda Nagar draws high demand for housing, especially flats and 3 BHK units.

• Demand Breakdown:

  • Flats enjoy 79% demand.
  • 2 BHK enjoys 28%.
  • 3 BHK sees 65% demand.
  • 4 BHK accounts for just 4%.

• Price Appreciation:

  • Over the last year, there’s been a 22.8% rise. Over the last 3 years, prices have climbed 34.8%. In the last 5 years, they’ve seen a 63.2% rise. The last decade shows a significant 96.8% appreciation.

Rental Market

Looking to rent? Chanda Nagar offers plenty of options:

• Rent Prices:
  • A 2 BHK apartment ranges from ₹21,000 to ₹42,000 per month, varying with amenities and location.

PropertyWala's Conclusion

Chanda Nagar in Hyderabad shines as a great spot for both buyers and renters. Its superb connectivity, solid infrastructure, and array of amenities make it a top choice. Proximity to IT zones like Gachibowli and Hitec City makes it super for mid-segment working pros. With substantial price hikes over the years, investing here could be a smart move. Though it’s vital to review the current market rates and your personal requirements before deciding.