Overview of Jalpally, Hyderabad

Location and Accessibility

• Jalpally is a neighborhood located in Hyderabad, Telangana, India.
• It’s near key infrastructure, including the upcoming sanctioned metro rail project to Shamshabad airport, making it highly connected.

Property Prices

Residential Properties

• Properties in Jalpally generally start at about Rs. 1,666 per sqft.
• The average cost is approximately Rs. 5,211 per sqft.
• The top-end properties can reach up to Rs. 8,051 per sqft.

Plots and Land

• Plots typically average around Rs. 3,262 per sqft, ranging from Rs. 1,666 to Rs. 3,262 per sqft.
• Some plots are priced around Rs. 63 lakhs for a 150 sqft plot.

Types of Properties Available

Residential Units

• There you can find 1 BHK, 2 BHK, 3 BHK, and 4 BHK apartments and houses.
• Independent houses and villas are also available.

Plots and Land

• Various residential plots are available in different sizes and prices.

Amenities and Infrastructure

Educational Institutions

• Huda High School is roughly 3.4 km from the locality.

Healthcare

• Sri Srinivasa Multispeciality Hospital is roughly 4.6 km away.

Transportation

• The emerging metro rail project to Shamshabad airport is set to boost area connectivity.

Rental Options

Rental Prices

• A 2 BHK flat can cost around ₹27,000 a month.

Rental Properties

• Options include apartments and independent houses with various configurations like 1 BHK, 2 BHK, etc.

Price Trends

Year-over-Year (YoY) Growth

• There has been a 13.28% decline in property rates in Jalpally over the past year, suggesting a buyer-friendly market.

Current Market

• Market trends suggest it may be a good time to purchase or sell properties in Jalpally, considering the conditions.

PropertyWala's Conclusion

Jalpally, Hyderabad, offers affordability and potential for future growth, making it attractive for both buyers and investors. With the upcoming metro rail project, the locality is set for enhanced connectivity and amenities. However, considering the recent market trends and decline in property rates is crucial. Overall, Jalpally provides diverse property options worth exploring for real estate investment in Hyderabad.