Real Estate Insights for Manikonda, Hyderabad

Manikonda, nestled in the western part of Hyderabad, has become a popular residential area because of its strong infrastructure and strategic location.

Price Trends Property costs in Manikonda differ greatly based on property types. Starting at Rs. 4,326 per square foot, they can rise to about Rs. 23,076 per square foot for top-class properties. On average, prices range around Rs. 9,039 per square foot.

Types of Properties Residents benefit from various housing types. You can find multi-storey apartments, standalone houses, villas, and plots. For instance, apartments start at Rs. 7,111 per square foot while plots cost about Rs. 1,00,858 per square yard.

Local Amenities The area features excellent infrastructure, such as CC roads, flyovers, foot overbridges, metro parks, and efficient drainage. Also, it has a stable, 24/7 power supply. There are various commercial facilities, including markets, educational institutes, eateries, gyms, and banks.

Rental Options If renting, you have many choices. Apartment rents vary from ₹12,500 to ₹1.8 lac per month, averaging at ₹50,000 to ₹58,000 for 2.5BHK and 3BHK apartments respectively. Other options include builder floors, standalone houses, villas, commercial spaces, and showrooms.

Neighborhoods Popular areas include KPR Colony, Shirdi Sai Nagar, Sri Laxmi Nagar Colony, and Tapovan Park. These come with various prices, like KPR Colony standing at Rs. 9,203 and Shirdi Sai Nagar at Rs. 7,460 per square foot.

Future Prospects Manikonda is expanding rapidly, with many residential projects underway. Leading developers are enhancing the area with advanced properties, promising a bright future for property investment here.

PropertyWala's Final Thoughts

Manikonda, Hyderabad, appeals to both buyers and tenants. Its well-developed facilities, diversified housing types, and strategic location make it desirable. With its steady development and amenities, it stands as an excellent choice for a comfortable and practical living experience. Whether for investment or personal residence, Manikonda combines affordability and luxury attractive options for numerous property enthusiasts.