Top 5 Localities to Invest in West Hyderabad
Hyderabad’s western corridor is undergoing a significant transformation, establishing itself as a dynamic region balancing both luxury and affordability in the real estate market. With burgeoning infrastructure and strategic connectivity, West Hyderabad is drawing attention from investors and homebuyers alike. In this blog, we’ll explore the top five localities within West Hyderabad that promise excellent investment opportunities, supported by data from reputable sources.
- Kollur : A Gateway to Luxury Living Kollur is fast becoming a premier destination for those seeking luxury living in West Hyderabad. Positioned along the Nehru Outer Ring Road, Kollur offers easy access to IT hubs like Gachibowli and HITEC City, and is approximately 30 minutes from the Rajiv Gandhi International Airport. This locality has seen a wave of luxury real estate developments, such as the Svadha Mackennas project by
Svadha Group, featuring deluxe living spaces without shared walls, ensuring privacy and exclusivity. Property prices in Kollur have surged by 23.5% over the past year, with the average per square foot
cost around Rs 5,250. This uptick in prices reflects the locality’s growing desirability among investors, particularly for its 2 BHK and 2.5 BHK units which are highly sought after by potential buyers. - Mokila : The Rising Star for Plotted Developments Mokila is an attractive mid-segment locality known for its plotted developments and independent villas. Over the past year, property prices here have increased by 22%, currently averaging Rs 5,850 per sq ft. Its strategic location near the Rajiv Gandhi International Airport and Patancheru Industrial Area, accessible within 30 minutes via the Nehru Outer Ring Road, makes Mokila an ideal investment spot. Despite lacking major metro access and certain infrastructure like medical facilities, Mokila’s residential market is thriving, particularly for 3 BHK units.
- Manikonda : A Blend of Luxury and Convenience Manikonda offers an appealing mix of upscale residential options and proximity to major commercial hubs. With an impressive 28% price appreciation over the last year and current prices at about Rs 7,750 per sq ft, it stands out as a key player in West Hyderabad’s real estate scene. The locality is well-connected by the Nehru Outer Ring Road and enjoys close proximity to employment hubs like Gachibowli and Jubilee Hills. Despite challenges like water logging, Manikonda’s robust growth in residential and commercial developments makes it a lucrative option for investors.
- Nallagandla : Perfect Harmony of Nature and Urbanization
Known for its stunning 900-acre lake, Nallagandla is balancing urban development with natural beauty, making it a preferred location for those who cherish both. With a 16% appreciation in property
prices over the past year, currently at Rs 9,850 per sq ft, it’s no wonder that Nallagandla is a hotspot for working professionals. Its proximity to key business districts like Gachibowli and HITEC City, along with improved connectivity due to upcoming projects like the Hyderabad-Mumbai High-Speed rail corridor, are significant drivers of its real estate market.
- Tellapur : Fast-Developing Satellite Town Tellapur is rapidly developing and shows a remarkable 30% increase in home values over the past year, with average prices at Rs 7,150 per sq ft. Its strategic location near employment hubs such as Gachibowli and HITEC City, combined with the availability of both luxury and affordable housing options, makes Tellapur an appealing choice for diverse buyer segments. The presence of essential amenities like markets and hospitals enhances its livability and investment potential.
Conclusion : West Hyderabad remains a region with untapped potential in the real estate market. The year-on-year appreciation in property values and the introduction of new residential projects testify to its growth and desirability. For those considering investments here, it’s essential to perform due diligence, including frequent site visits and thorough document checks. Consulting with a knowledgeable local real estate agent can provide deeper insights into each locality’s specific advantages and potential risks. Investing in West Hyderabad offers a promising opportunity to capitalize on a diverse and dynamically evolving real estate market. Whether you’re drawn to the luxury of Kollur, the affordability of Mokila, or the strategic positioning of Manikonda, West Hyderabad offers a range of options to suit different investment appetites and goals.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. Property Pistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
