The city of Nizams-Hyderabad is known for its culture, food and most popularly, its brimming real estate. According to recent data, the city has shown some of the best property sales record, especially in the luxury real estate market. Realty expert states that more and more people in Hyderabad are looking for world-class amenities which include best-in-class interiors, state-of-the-art home technology, superior quality kitchens, recreational facilities such as swimming pool, play area for children and adults, fitness center etc.
Here are some of the top localities to buy luxury Homes in Hyderabad:
Banjara Hills, Jubilee Hills, Hitec City, Nanakramguda, Kondapur, Gachibowli, Somajiguda, and Begumpet are some of the premium locations that are popular among luxury buyers.
An affluent suburban neighbourhood in west Hyderabad, Jubilee Hills is one of the most expensive commercial and residential locations in India with prime land prices fetching up to Rs 200,000 per square yard. The locality is situated just 2 kilometers from the Hyderabad’s IT central hub i.e. HITEC City.
Jubilee Hills is home to the Telugu Film Industry Hub of Film Nagar with presence of studios such as Ramanaidu Studios, Padmalaya Studios, and Annapurna Studios It also houses the top Telugu movie industry’s actors, business tycoons, and leading politicians. Andhra Chief Minister Chandrababu Naidu is also a resident of the area.
The locality also has presence of renowned media channels, popular schools, and university as well as health care institutions. TSRTC connects Jubilee hills to other parts of Hyderabad. The closest railway station is at HITEC City.
Another upmarket locality close to Jubilee Hills is Banjara Hills. It is an urban commercial centre of Hyderabad that is famous for its hotels, upscale restaurants, and large shopping malls. Big malls like the GVK One, City Center, Midtown, Ohri’s, Alcazar Plaza, Zing Designs etc are located here.
Just like Jubilee Hills, TSRTC connects Banjara hills to parts of Hyderabad like Dilsukhnagar, Koti, Ghatkesar, and Khairtabad. Development of new flyovers has eased traffic congestion in this suburb. The closest Railway station is at Khairtabad.
The average price for the residential properties in Banjara Hills is Rs 7,121 per sq.ft.
Situated just 5 kilometers away from the HITEC City, Gachibowli is another luxury locality of Hyderabad. In recent years, the area has grown into a software hub for companies as well as an International Business hub too. Apart from the IT industry, Gachibowli is also a sports hub with presence of some of the best stadiums that include hockey stadium, aquatics complex, indoor stadium etc. Gachibowli is well connected by roads to another IT hub through TSRTC buses. The closest railway station is at Lingampally.
The average price for the residential properties in Gachibowli is Rs 5,596 per sq.ft.
A bursting commercial hub situated in the northwestern part of the city, this locality is also home to large portion of NRI population of Hyderabad. Kukatpally is well connected by road, rail, and air. The nearest airport is Rajiv Gandhi International Airport, Shamshabad The railway station for this area is Lingampally and it also has metro connectivity and the station name is Kukatpally only. India’s largest residential hub is also located in this area.
The average price for the residential properties in Kukatpally is Rs 5,242 per sq.ft.
A part of Secunderabad, Begumpet got its name after the daughter of the sixth Nizam, Basheer Ul-Unnisaa Begum. It is one of the major commercial as well as residential suburbs located to the north of Hussain Sagar Lake. Begumpet Railway Station provides rail connectivity to the area. Other Railway stations in the vicinity include Sanjeevaiah Park and James Street. State-owned TSRTC runs the city bus service, connecting Begumpet to major parts of the city.
The average price for the residential properties in Begumpet is Rs 4,837 per sq.ft.