Now that the Telangana issue has resolved, the insecurities regarding Hyderabad realty market have also subsidized. The real estate prices that have not budged from their place since several years, are expected to rise. As per market predictions, the prices of Hyderabad real estate can see an escalation in the months to come. The rates of rental spaces too shall see a much-needed rise. In 2013, while the other cities witnessed a huge fall in prices, this city underwent a fall of only 4% in the sales. This is one of the reasons that the real estate in the city is anticipated to have a bright future.

 

To see how the properties in Hyderabad are faring in terms of rental rates, let us consider two room flat across different parts of the city. As is well known, the city stands as the most affordable metropolitans, if compared to the top tier-1 cities of the country. Localities like Ameerpet, Begumpet, Bandlaguda Jagir, and New Bowenpally are quiet affordable in terms of monthly rentals. The 2 BHK house for rent in Bangalore across these areas are available in the price bracket 3-5k. Over Tolichowki, Madinagufda, Karkhana, Attapur, Bachupally, Kukatpally, and Hyderasha Court too are areas apt for budget buyers.

 

In 8-10k monthly rental range come areas like Madinaguda, JNTU, Madhapur, Mehdipatnam, LB Nagar, KPHB, and Malkajgiri. Higher prices can be expected in high-end colonies like Manikonda, Banjara Hills, Jubilee Hills, Srinagar colony, and Somajiguda. The prices depend upon the type of amenities offered, infrastructural facilities, job opportunities, and scope for futuristic development.

 

The rental rates are flexible and keep on varying from quarter to quarter. In last quarter of 2013, flats for rent in Hyderabad witnessed a fall in areas like Srinagar Colony, Somajiguda, SR Nagar, Hitech City, Madinaguda, Miyapur. On the other hand, the prices went all the way up in Nizampet and Banjara Hills.

 

The city caters to the rental requirements of both its local population as well of the migrants from other parts of the country. The strong presence of IT sector, good connectivity, and above average infrastructural facilities are the prime factors that have rendered the city as one of the most preferred regions of seekers of rental properties. In spite of all the upheavals it went through during Telangana issue, the city has kept itself strong enough to perform well in the coming years. It is better to search house with high growth in the next future.