Exploring Manikonda, Hyderabad (not in Vijayawada, but Hyderabad)

Manikonda, found in Hyderabad, is a rising real estate center offering varied property choices for both buyers and renters. Below's a deep dive into this area from a property point of view.

Property Types on Offer

• Apartments: Manikonda provides a broad selection of apartments, including 1 BHK, 2 BHK, 3 BHK, 4 BHK, 5 BHK, and over 6 BHK units. Prices start from around ₹7.5 lakhs for a 2 BHK apartment and can reach up to ₹5 crores for a 3 BHK or more.

  • You can find ready-to-move-in and under-construction apartments.
  • Examples include Ambience Courtyard, Lanco Hills Apartments, Greenspace Marvel, and Aparna Zenon.

• Plots: Multiple plots are available starting at around ₹88 lakhs.

• Builder Floors: Available but fewer in number, priced around ₹90 lakhs.

Range of Prices

• Apartments:

  • 2 BHK: ₹7.5 lakhs to ₹1.86 crores
  • 3 BHK: ₹69.5 lakhs to ₹5 crores
  • 4 BHK: ₹99 lakhs to ₹13 crores
  • 5 BHK: ₹3.95 crores to ₹4.5 crores
  • 6+ BHK: ₹3.2 crores to ₹4.84 crores

• Plots: ₹88 lakhs to ₹98 lakhs.

• Builder Floors: ₹90 lakhs.

Top Societies and Projects

• Ambience Courtyard: Costs range from ₹1.1 crores to ₹1.98 crores. Average price per sq. ft. is ₹9,196.
• Lanco Hills Apartments: Priced from ₹1.14 crores to ₹4.5 crores. Average price per sq. ft. is ₹9,682.
• Greenspace Marvel: Ranges from ₹1.3 crores to ₹4.59 crores. Average price per sq. ft. is ₹8,511.
• Arca Puppalaguda: From ₹98 lakhs to ₹2.4 crores per sq. ft. Average ₹1,700 per sq. ft.
• Chilcon Mayan: Starts at ₹86.31 lakhs and tops out at ₹1.55 crores. Average price per sq. ft. is ₹6,812.

Rental Market

• Apartments: Rent ranges ₹12,500 to ₹1.8 lakhs per month. Available in both furnished and semi-furnished.

• Builder Floors: Rent is between ₹30,000 and ₹70,000 per month.

• Independent Houses/Villas: Monthly rent varies from ₹22,000 to ₹4 lakhs.

Rental Societies

• Ambience Courtyard: Rent from ₹40,000 to ₹80,000 per month.

• Lanco Hills Apartments: Monthly rent is between ₹18,000 and ₹1.1 lakhs.

• Chitrapuri Colony: Rent can vary between ₹30,000 and ₹70,000 per month.

Infrastructure and Amenities

• Easy access to other parts of Hyderabad via major roads and public transport.
• Several schools, hospitals, and shopping are nearby.
• The area is known for its greenery and modern facilities, drawing families and professionals.

PropertyWala's Summary

Manikonda in Hyderabad offers a thriving and diverse real estate market. Whether you're after luxury or budget-friendly choices, it provides something for everyone. With plenty of readily available and under-construction properties, various housing types, and differing price ranges, you’ll find what suits you well. The area’s connectivity, amenities, and ongoing growth make it a top spot for investment and living. For both high-end and economical living, Manikonda stands out as a place to consider.