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Nalgonda, Telangana Real Estate

Real Estate Insights on Nalgonda

Nalgonda, a city in India’s Telangana state, features a diverse and fast-growing real estate market. The offerings cater to different budgets and personal tastes.

Pricing of Properties

The average price for properties in Nalgonda hovers around Rs. 8,921 per square foot, but fluctuates between Rs. 6,265 and Rs. 12,500 per square foot. On the district level, you find that the prices are slightly lower at Rs. 6,382 per square foot, varying from Rs. 3,448 to ₹14,000 per square foot.

Various Localities

The city offers many different neighborhoods, each with distinct price ranges:

  • Chaitanyapuri Colony and Padmavathi Nagar Colony are some of the pricier areas, reaching up to Rs. 18,055 per square foot.
  • Cherlapalli, Yadagirigutta, Narketpally, and Vangapally present both affordable and moderate price options, with costs spanning from Rs. 35.82 lakh to over Rs. 1.18 crore.
  • Prices in Sai Nagar start as low as Rs. 3,448 per square foot.
Different Types of Properties

Nalgonda’s city offers a broad range of property types:

  • Apartments: Available in many BHK configurations, these range from compact 1 BHK to large 6+ BHK units, priced from under 20 lakhs to over 1 crore.
  • Independent Houses: Found mainly in select localities, they typically cost around Rs. 1.18 crore.
  • Plots and Land: Across different localities, numerous residential plots are available, ranging from Rs. 9 lakh to Rs. 47.88 lakh.
Rental Options

Nalgonda also presents reasonable rental options for those interested:

  • 1 BHK and 2 BHK apartments are common for rent, with monthly costs from Rs. 5,000 to Rs. 8,000.
  • Rentals are often found in accessible areas such as Miryalaguda and Dwaraka Nagar Colony.
PropertyWala's Evaluation

Nalgonda's real estate market proves robust, delivering options for everyone from investors searching for potential growth spots to individuals aiming at finding a cozy home. Given the price trends now, it looks like a profitable time to participate in buying or renting properties. With its evolving market and growing listings, Nalgonda stands out as an appealing choice for people exploring real estate investments or residential options.