Overview of Mallapur, Hyderabad

Location and Accessibility

Mallapur, a hub in Hyderabad, blends residential and commercial potential. It's easily accessible from city areas such as Nacharam, Cherlapally, and ECIL, rendering it a popular pick for homeowners and investors alike.

Real Estate Market

Residential Properties

• Flats and Apartments: Mallapur features an array of residential options from 1 BHK to 6+ BHK apartments. You can find these in communities like Modi Mayflower Platinum, EAPL Sri Tirumala Millennium, Modi Gulmohar Residency, Modi Mayflower Park, and Sri Bhavani BK Towers. You'll find prices varying from ₹44 Lakhs to ₹1.1 Crores.
• Independent Houses: If spacious independent homes appeal to you, you'll find these houses with prices ranging between ₹65 Lakhs to ₹2.5 Crores.
• Plots: For those wishing to build, various plot options exist at prices starting from ₹19.12 Lakhs up to ₹4.37 Crores.

Commercial Properties

• Commercial Land and Plots: Ideal for business ventures, industrial and commercial plots are offered, available in different sizes, perfect for diverse commercial needs.
• Office Spaces and Retail: Pre-leased options for offices and retail are ready for any business.

Pricing and Trends

• Average Price per Sq.Ft.: ₹5,841 is the average price per square foot in Mallapur, ranging from ₹4,473 to ₹7,500 per square foot. This represents a stable and slightly rising market.
• Society-wise Pricing: Prices per society are:
  • Modi Mayflower Platinum: ₹1 Cr. to ₹1.1 Cr.
  • EAPL Sri Tirumala Millennium: ₹60.5 Lakhs
  • Modi Gulmohar Residency: ₹2.5 Cr.
  • Modi Mayflower Park: ₹23.08 Lakhs
  • Sri Bhavani BK Towers: ₹77.06 Lakhs.

Amenities and Lifestyle

• Modern Amenities: Many residential properties in Mallapur possess amenities like car parking, corporation water, bore water, and more, enhancing the living experience.
• Secure Environment: With calm surroundings and a secure vibe, Mallapur is perfect for families.
• Accessibility to Schools and City Center: The area boasts proximity to numerous schools and the city center, enhancing its attractiveness to families and professionals.

Rental Market

If renting is your goal, Mallapur has plenty of options:

• Flats and Apartments: Both furnished and semi-furnished flats are available, priced from ₹43,000 per month. These rentals often lie within kept-up societies like Raheja Vistas (though this mostly applies to Nacharam).

PropertyWala's Insight

Mallapur, Hyderabad, stands out as a strong choice for real estate buyers and renters alike. Its prime positioning, modern amenities, and selection of residences and commercial pitches satisfy varied preferences and budgets. With steady pricing trends and improving infrastructure, it's a promising area for long-term investments and luxurious living. Whether searching for a top-tier home or a commercial opportunity, Mallapur delivers something for everyone in Hyderabad's real estate domain.