Medipally, Hyderabad: An Overview

The Place and Getting There

Medipally, tucked in the Peerzadiguda area of Hyderabad, is quickly becoming a hot spot for real estate. Its strategic location makes it pretty easy to explore different parts of the city.

Property Prices and Changes

• Cost per Sqft: Prices of properties in Medipally range broadly, from ₹4,350 to ₹6,038 per sqft. Different sources and types of properties shift these prices.
• Price Variability: In Medipally, find property prices shooting up to ₹9,200 per sqft. Other prices start off at ₹3,571 per sqft.
• Trends in a Nutshell: Property prices have been varied. Some quarters dip slightly (e.g., by -2% in July-Sept 2024), others stay steady or rise a bit.

What Sorts of Properties Can We Find?

• Apartments: We have small to large ones – 1 BHK, 2 BHK, and 3 BHK. For example, a 2 BHK flat is around ₹37.9 lakhs to ₹58.08 lakhs.
• Independent Houses and Villas: Including the Harini Mansion project with villas between 1849-1859 sqft, priced at around ₹77.66 lakhs to ₹78.08 lakhs.
• Plots/Land: Also there for those who want it raw but not so frequently updated.

Amenities and What They Offer

• Basics and Lifestyle: Projects here offer plenty of perks such as round-the-clock security, parking spots, a play area for kids, jogging tracks, rainwater harvesting, and solar fencing.
• Health and Sports: You'll also get a gym, swimming pools, and sports facilities.

Renting Out

• Monthly Rent: If renting, expect lower costs, with a 2 BHK house starting at about ₹10,000.

About Developers and Projects

• Key Builders: The area is dotted with various developers including SSVS Builders, Aditya Constructions, Arya Infra, and Vasavi Group.
• Chosen Picks: Popular projects include the Harini Mansion, SSVS Jackies RK Square, and SMR Residency.

PropertyWala's Final Thoughts

Medipally in Hyderabad is showing great promise in the real estate sector, blending both affordable and upscale choices. It comes with a bunch of property options from apartments to independent houses and villas, not to mention diverse amenities. Even though the real estate market here can be unpredictable at times, generally prices do seem to remain stable and hint at future growth. Whether you're buying or renting, Medipally makes for a smart choice given its prime location and growing infrastructure. Keep your eyes on current market trends and price changes to make a wise choice.