Hyderabad's West Zone: A Residential Investment Hotspot
Hyderabad continues to be a highly sought-after city for residential real estate investment. Within the city, the western zone stands out, with four locations particularly attractive to investors and residents alike.
Ghachibowli: The Heart of the IT Hub
Ghachibowli's prime advantage is its location within the city's IT hub. This draws a significant young professional population seeking proximity to work and affordable housing. Property prices in Ghachibowli range from Rs 3,500 to Rs 5,200 per square foot. The area is also experiencing high rental demand, with monthly prices starting from Rs 11,000 and going up to Rs 18,000.
Manikonda: Affordability and Infrastructure
Manikonda has multiple attractions for potential residents. Affordability is a key factor, as property prices begin at just Rs 2,400 per square foot. Beyond pricing, Manikonda boasts well-developed road networks and access to public infrastructure, encompassing shopping malls and multiplexes.
Chandanagar: Connectivity and Community
Chandanagar provides residents with access to markets, educational institutions, and hospitals. The locality's appeal is further enhanced by its solid connectivity and a significant population of government employees, fostering active community development.
Kondapur: Ideal for Professionals
Kondapur rounds out the list as a highly desirable residential area, especially for professionals. Rental rates in Kondapur are competitive, ranging between Rs 11,000 and Rs 17,000 per month, reflecting the area's popularity.