Overview of Ibrahim Patnam, Ranga Reddy

Ibrahim Patnam, found within the Ranga Reddy district of Hyderabad, is a swiftly developing real estate market. It blends affordability, amenities, and a strategic location. This serves as a thorough analysis for anyone thinking of buying or renting property in this place.

Property Prices and Trends

• Average Price per Sq.Ft.: The usual price of properties in Ibrahim Patnam is roughly ₹3,726 per sq.ft., with a year-over-year drop of 30.91%.
• Price Range: A wide variety of properties are available, priced from ₹1,800 to ₹4,687 per sq.ft..
• Starting Price: Properties start as low as ₹462 per sq.ft..

Types of Properties Available

• Plots: Many plots can be found, ranging from 150 sq.yards to larger spaces, costing between ₹13 Lac to ₹60 Cr. The average cost per sq.ft. for plots is around ₹2,072.
• Villas: Villas cost between ₹10 Lac to ₹2.4 Cr, with an average price per sq.ft. of ₹7,938.
• Independent Houses: These range from ₹35 Lac to ₹71.5 Lac, and the average price per sq.ft. is ₹3,471.
• Apartments: Apartments, mainly 2 and 3 BHK units, price between ₹47 Lac to ₹53.91 Lac, averaging ₹4,324 per sq.ft..
• Land: Large land parcels can also be found starting from ₹1.56 Cr.

Popular Projects and Societies

• JB Serene Villas: Renowned for its upscale homes, priced from ₹13 Lac to ₹60 Cr, at ₹3,625 per sq.ft.
• Foxconn Estates: Offers homes ranging from ₹21.71 Lac to ₹41.6 Lac, priced at ₹4,197 per sq.ft.
• Ithika Nirvana County: Properties here vary from ₹23.99 Lac to ₹34.49 Lac, averaging ₹2,164 per sq.ft.
• SS Delight Infra and E Emerald: These communities provide properties at average prices of ₹1,466 and ₹2,222 per sq.ft. respectively.

Rental Market

• Price Range: Rental properties in Ibrahim Patnam are available for rent monthly at prices between ₹5,525 to ₹81,850.
• Types of Rentals: Options include 1, 2, and 3 BHK apartments and standalone houses. A typical 2 BHK flat or house typically rents from ₹7,000 to ₹15,000.

Location and Amenities

• Strategic Position: Ibrahim Patnam is near significant IT areas and the Outer Ring Road (ORR), making it ideal for those in the tech sector.
• Amenities: The area boasts good access to amenities like schools, hospitals, and shopping centers. Important points of interest include Guru Nanak University and the Nagarjuna Sagar Highway.

PropertyWala's Conclusion

Ibrahim Patnam, Ranga Reddy, is appealing to both buyers and renters because of its blend of affordability, modern amenities, and location. With many property types and price ranges, it suits varied buyer needs. However, don't ignore market trends. Price drops have been significant lately, providing a strategic investment moment for potential buyers and investors.