Overview of Karmanghat, Hyderabad

Market Trends in Karmanghat

Karmanghat is a notable locality in Hyderabad with an expanding real estate market. The area has seen an upward trend in property prices in the last six months, following the broader Hyderabad market trends[4ै।

Property Prices

• Starting Price: Properties in Karmanghat start at about ₹ 39.50 lacs.
• Average Price: The average property price is around ₹ 1.22 crore, with rates per square foot between ₹ 5,194 and ₹ 6,555.
• Price Range: Properties vary greatly in price, from ₹ 39.50 lacs to ₹ 5.00 crore.
• Per Square Foot Rates: Prices per square foot range from ₹ 3,405 to ₹ 11,111, depending on the specific area and property type.

Available Property Types

• Apartments: Available in 1 BHK, 2 BHK, and 3 BHK configurations. For instance, 2 BHK flats range between ₹44.3 lakhs and ₹77.6 lakhs, with 3 BHK similarly priced.
• Independent Houses/Villas: Options exist for ready-to-move and under-construction villas and independent houses.
• Plots: Residential land is for sale in the area.
• Builder Floors: Another choice includes under-construction independent builder floors for buyers.

Rental Options

If you’re renting, Karmanghat features budget-friendly 1 BHK flats available for rent around ₹ 7,500 per month.

Price Trends and Growth

• Year-over-Year Growth: Property rates in Karmanghat vary, with some reports indicating a 28.76% fall over the last year, though others show an increase.
• Quarterly Trends: Price fluctuations have happened in different quarters, making it vital for people buying or selling to stay updated with the latest market movements.

Projects and Developers in Karmanghat

Here are several projects from various builders:

• MJR Sai Habitat
• Preethi Park View
• Vishals Balaji Nest
• Jaya Shekara Brundavan Residency
• Sri Sai Jagtap Towers
• SS Group Of Construction Builders SS Lalitha Homes

PropertyWala's Insights

Karmanghat in Hyderabad features a dynamic real estate market, offering both affordable and luxury properties. Its upward market trends make it suitable for both investors and regular buyers. It's crucial to monitor quarterly price trends to make informed choices, ensuring wise and potentially profitable investments in Karmanghat.