Overview of Friends Colony, Hyderabad

Local Area and Accessibility

Friends Colony is a neighborhood in Hyderabad, noted for its strategic location and excellent connectivity. It's near many important landmarks and amenities, including schools, hospitals, and shopping centers.

Real Estate Costs

• The typical price per square foot in Friends Colony is about ₹4,199.
• For 3 BHK flats, prices usually fall between ₹88 lac to ₹3 crore.
• Smaller units like 2 BHK flats can cost as little as ₹75.8 lac.

Property Varieties

• Flats and Apartments:
  • You’ll find options ranging from 2 BHK to 3 BHK apartments.
  • Examples include Sigma Silicon Apartments and projects with many different apartments.
• Independent Houses:
  • Also available are larger properties such as 4+ BHK houses, frequently located in areas like Gandhinagar Colony.

Amenities and Features

• Orientation and Layout: Many homes feature optimal orientations, such as east or west-facing apartments.
• Bathrooms and Parking: Flats generally have 2-6 bathrooms plus car parking.
• Built-Up Area: Flats typically start at 1,020 sqft, while larger independent house models go up to 1,602 sqft.

Rental Options

• For renters, there are choices like 2 bedroom houses and 3 BHK flats.
• Rental prices can vary from ₹20,000 up to ₹31,000 monthly, based on size and amenities.

Market Developments

• Property values in Friends Colony have steadily increased over the years, with a 9% increase in 2023 compared to the previous year.
• This points to a stable market with growth potential.

PropertyWala's Conclusion

Friends Colony in Hyderabad offers a promising opportunity for both buyers and renters. This place provides a variety of property types, from budget-friendly 2 BHK flats to larger independent houses. With its advantageous location, rising property values, and numerous amenities, Friends Colony is a good choice for those who want to invest in or live in Hyderabad. However, you should conduct thorough research and consider things like your budget, personal likes, and long-term investment prospects before making a decision.