Overview of Old Bowenpally, Hyderabad

Location and Connectivity

• Old Bowenpally is in Secunderabad, Hyderabad. It's famous for its prime location and great connectivity.
• This area is near major landmarks. It’s just a short way from key places like Diamond Point, Kanajiguda, and Suchitra Junction.

Property Prices and Trends

• Starting prices for homes here start around ₹3,938 per sqft, and average around ₹5,738 per sqft. The top-end properties cost up to ₹8,333 per sqft.
• There’s been a fall in property prices over the last year—a drop of 26%. This might be a good moment for both buyers and investors.

Types of Properties

Residential Apartments

• You can find many types like 2 BHK flats. Prices start from ₹30 lacs and go up. For instance, a 2 BHK in Sai Residency could be around ₹30 lacs with a cost per sqft of ₹4,000.
• Apartment prices usually lie between ₹4,900 and ₹5,600 per sqft, based on the area and quarter.

Independent Houses and Villas

• The price of these varies but tends to match the average for nearby properties. An example could be villas costing around ₹5,100 to ₹5,300 per sqft.

Residential Plots

• There are plots available for varying sizes and prices. A plot might be something like ₹20.46 lacs to build freely on.
• On average, residential plots can cost between ₹1.46 Cr and ₹1.51 Cr, depending on size and location.

Amenities and Infrastructure

• The locale holds modern amenities like good roads, 24-hour security, parks, and easy access to schools and markets.
• Public transport and big highways are very close by, making things easy for residents.

Investment Potential

• Right now, property price trends make the spot a profitable investment.
• Its prime location, good connectivity, and different property types make it ideal for both buyers and those thinking of investing.

PropertyWala's Conclusion

Old Bowenpally, Hyderabad, is very appealing for those thinking about buying or renting. With a strategic location, excellent connectivity, and plenty of property choices from budget-friendly to upscale, it matches many buyers' needs. Market trends, especially with prices going down recently, suggest a good time to invest. However, as with any property decision, it’s important to do your homework and consider all factors before deciding to buy or rent.