Overview of Serilingampally, Hyderabad

Position and Links

Serilingampally is a popular area in Hyderabad. It offers good connection to well-known IT zones like Gachibowli, Financial District, and Hitech City. It is near Lingampally Railway Station and has simple access to the Outer Ring Road (ORR) and Raidurg Metro Station.

Property Kinds and Costs

• Flats:
  • Average flat rates are about ₹6,000 per square foot. They range from ₹6,150 to ₹9,400 per square foot.
  • A 2 BHK flat costs between ₹40 lakhs and ₹1.13 crore. A 3 BHK flat ranges from ₹1.04 crore to ₹1.59 crore.
• Land:
  • Land rates vary from ₹2,200 to ₹15,050 per square foot.
• Builder Floors:
  • Builder floor prices are around ₹6,250 per square foot.

Rental Choices

• Flats:
  • The monthly rent for a 2 BHK flat is between ₹13,000 to ₹36,400, yet usually sits at ₹18,500-₹30,000.
  • A 3 BHK flat's rent can range from ₹28,300 to ₹65,000 a month.
• Security and Maintenance:
  • Most rental agreements come with security deposits and monthly upkeep costs included.

Rise and Patterns

• Property Value Growth:
  • Flats here experienced a -9.1% change in rates in the last year, an 11.1% in the last three years, and an 87.5% rise over the last ten years.
• Annual Trends:
  • There's been a -6.21% YoY growth in property rates in Serilingampally.

Amenities and Living

• Structures and Extras:
  • Serilingampally has a solid setup, close to good schools, medical places, and shopping spots.
  • Places like Candeur Crescent have great features like big clubhouses, pools, and apartments with enough light.
• Society:
  • It promotes a fine community atmosphere with a healthy living setup and ample air.

Real Estate Supply

• For Sale:
  • More than 82 properties exist, from villas to apartments and lands in various sizes.
• Renter Needs:
  • You can find many rental choices for 2 and 3 BHK flats, often free of broker fees.

PropertyWala's View

Serilingampally, in Hyderabad, is perfect for both buyers and renters because of its good spot, strong connectivity, and variety of property types. There’s a good selection of homes for different budgets, with facilities that suit new lifestyles. Even though property prices have gone up and down, long-term growth and developments make it a hopeful spot for both living and investing. Still, it's wise to watch market trends and talk over details, especially about deposits and upkeep costs for rentals.