Overview of Old Alwal, Hyderabad

Location and Accessibility

Old Alwal lies in Hyderabad's North Zone, ensuring a central residential location. It is close to main areas and benefits from good connectivity via multiple transportation methods.

Infrastructure and Amenities

• Old Alwal features well-developed roads, flyovers, foot overbridges, metro parks, and underground drainage.
• It comes with essential amenities including supermarkets, schools, restaurants, fitness centers, and banks that make it an ideal choice for those looking to buy homes.

Property Prices

• Properties in Old Alwal start at Rs. 4,416 per square foot and average around Rs. 5,451 per square foot.
• The most expensive properties reach up to Rs. 6,888 per square foot.

Availability of Properties

• The area offers residential developments, including both apartments and standalone homes. Right now, 15 properties are up for sale.
• You find a mix of ready-to-move-in and under-construction projects here, catering to different buyer needs.

Neighboring Localities

• Old Alwal shares borders with other localities such as Lothkunta, Venkatapuram, and Bolarum, which also have real estate choices.

Lifestyle and Environment

• Enjoy a comfortable living experience with amenities like a 24/7 power supply, water pipelines, and modern community facilities like swimming pools, clubhouses, and jogging tracks.
• Public facilities such as Little Flower High School and Excel Hospitals are nearby, making it a good place for families.

Pros and Cons

Pros

• Excellent infrastructure and amenities.
• Great connectivity with other parts of Hyderabad.
• Various residential projects, including both apartments and standalone homes.
• Key facilities such as schools, hospitals, and shopping centers are available.

Cons

• Property prices are on the higher side compared to other localities in Hyderabad.
• There's been a YoY decline in property rates, which could impact long-term investments.

Property Types and Options

Apartments

• Choose from different configurations like 2BHK, 3BHK, and 4BHK.
• Many apartments come in fully gated complexes with modern amenities, including lifts, yoga halls, and round-the-clock security.

Independent Houses

• Get options of both unfurnished and fully furnished houses with varying sizes.
• These houses often have facilities like parking, bore and municipal water supply, and are located in prime spots.

Rental Options

• Old Alwal provides flats and standalone homes for rent at competitive rates.
• You can find unfurnished and furnished rental properties with facilities like secure settings and close-by schools and hospitals.

PropertyWala's Conclusion

Old Alwal in Hyderabad offers a compelling blend for both buyers and renters due to its solid infrastructure, abundant amenities, and excellent connectivity. Though property prices are somewhat high, the quality of life and essential facilities make it appealing. Yet, before investing, consider current market trends and the slight decline in YoY growth rates. On the whole, Old Alwal stays a reliable pick for seeking a comfortable and convenient living experience in Hyderabad.