Best Places in Hyderabad to Build a New Home

There are many things to consider and plan out when you're building a new home, especially if it is your first time doing so. Starting from the locality you choose to settle in, to planning the layout of your house and finalising the finished designs, the decisions you go with during this process will be with you down the years. 

While this might be a daunting task, it also puts you in charge and allows you the opportunity to be creative and in control of the whole process. This might not be the case if you were buying or renting a pre-owned house. However, there are some things to keep in mind before embarking on this journey. 

Building requires a huge time commitment. Whether it is an entirely custom job, semi-custom job, or just remodelling, it takes up a lot of hours, sometimes akin to a demanding part-time job. Things get especially busy once the house is framed and construction begins. So, deciding and opting for the correct professional assistance in terms of designing, planning, and construction is extremely important. 

Some factors to keep in mind when deciding on builders are safe money transactions; look for a company that isn’t too keen on advances and accepts payment after the work is complete. Good construction companies also guarantee quality control through quality checks performed by experts. Transparency in the form of clearly explained quotations and the possibility of tracking the progress of the project is necessary. 

Since this process is extremely strenuous and time-consuming, prospective home-builders should go with companies that assure zero delays. 

The best residential localities in Hyderabad

There is no scarcity of good places to settle down in the City of Pearls. Being the capital and the largest city of Telangana, Hyderabad is one of the most developed cities in the country. It is known especially for its IT industry, in addition to its cosmopolitan culture, top-notch educational institutions, and affordable residential localities. 

It combines comfortable living with developed infrastructure and amenities to provide suitable options for families, bachelor or working professionals. You will find a range of affordable residential areas to mid-budget localities, all the way to the posh and high-end areas when it comes to building a house in Hyderabad.

Kukatpally

Kukatpally is situated near prominent employment centres, such as Gachibowli and HITEC City, and is one of the most sought-after residential areas in Hyderabad for families, and bachelors, as well as professionals, due to its affordable property prices and reasonable rents. 

It is well-connected both through the NH65 and the KPHB Colony metro line. The Kukatpally area has many parks and other recreational attractions such as the Mahatma Gandhi Park, the PV Narasimha Rao Park, the APJ Abdul Kalam Park, and more. This area also boasts many well-renowned schools and colleges, making it an attractive option as one of the best places in Hyderabad to build a house for families.

It also has the Manjeera Mall, the Forum Sujana Mall, the M&S, and others to be of ready use for shopping and other needs.

Asset Class

Property Prices (Rent)

Property Prices (Sale)

Residential Apartment

INR 20,000 - 22,000

INR 4,400 - 5,600 per sq. ft.

Residential House

INR 10,500 - 20,000

INR 5,000 - 19,000 per sq. ft.

Residential Plot

-

INR 1,000 - 1,25,000 per sq. ft.

Table 1.1.: Rent prices are listed as per 1,000 square feet.

Banjara Hills

Banjara Hills is one of the most affluent and beautiful neighbourhoods in Hyderabad. It is an urban-commercial hub with a lively and vibrant nightlife centred on Road Number 1. Some well-known hotels and restaurants located in the area are the Taj Deccan Hotel, the Taj Banjara Hotel, Barbeque Nation, Fusion 9, and the Chinese Pavilion. 

Banjara Hills is home to the poshest and most famous celebrities in the city.  Road Number 10 also houses exclusive designer and jewellery outlets. It has famous bistros, cafes, and some of the biggest shopping malls like Zing Designs, Ohri’s, City Centre, and Alcazar Plaza in its vicinity. 

In addition to the glamour of Banjara Hills, it also provides many useful amenities in the form of some of the most popular hospitals in the city like Virinchi and Care Hospital, as well as other popular landmarks such as Jalagam Vengal Rao Park and the 400-year-old Svayambhu Sri Lakshmi Narasimha Swamy Temple. Hence, Banjara Hills is the best place to build a house in Hyderabad, if you can afford it.

Asset Class

Property Prices (Rent)

Property Prices (Sale)

Residential Apartment

INR 14,000 - 27,000

INR 4,500 - 11,000 per sq. ft.

Residential House

INR 24,000 - 25,000

INR 9,000 - 24,000 per sq. ft.

Residential Plot

-

INR 1,000 - 100,000,000 per sq. ft.

Table 1.2.: Rent prices are listed as per 1,000 square feet.

Uppal

Uppal, also known as Uppal Kalan in East Hyderabad, is known for its mid-budget residences for families and bachelors. It also boasts good infrastructure and connectivity because of the Uppal metro station. It has sufficient schools, colleges, malls, and parks (Pedda Cheruvu Park and the HMDA Layout Walkers Park) in the neighbourhood to be of convenience to a wide array of people. 

The Chinna Bazaar is located in Uppal, but the most important landmark is the Rajiv Gandhi International Stadium, which is often used to host international cricket matches.

Asset Class

Property Prices (Rent)

Property Prices (Sale)

Residential Apartment

INR 8,500 - 22,000

INR 42,000 - 68,000 per sq. ft.

Residential House

INR 9,000 - 17,000

INR 8,600 - 80,000 per sq. ft.

Residential Plot

-

INR 400 - 55,000 per sq. ft.

               Table 1.3.: Rent prices are listed as per 1,000 square feet.

Miyapur

Located in north-west Hyderabad, Miyapur is a mid-budget neighbourhood known for its upscale apartments. Not only is it located along NH65, but it is also well connected to all parts of Hyderabad and is in close proximity to the city's IT hubs. 

It's reliable infrastructure, and reasonably priced housing make it one of the best places to build a house in Hyderabad. Miyapur also boasts of scenic and natural beauty as it houses a number of lakes. In addition, it also has an adequate number of educational institutions(Voxpop International School, Sentia the Global School, Genesis International School, and Chaitanya Junior Girls Residential College), hospitals, and parks(Deepthisree Community Park, MIG HUDA Park, and Allwyn Colony Park) and malls(JSR Mall, GSM Mall, Sriven Mall, and Lakshmi Nivas Shopping Complex) for recreational endeavours. 

Asset Class

Property Prices (Rent)

Property Prices (Sale)

Residential Apartment

INR 11,000 - 22,000

INR 5,200 - 7,000 per sq. ft.

Residential House

INR 6,000 - 24,000

INR 500 - 50,000 per sq. ft.

Residential Plot

-

INR 300 - 80,000 per sq. ft.

Table 1.4.: Rent prices are listed as per 1,000 square feet.

Jubilee Hills

Situated between the affluent community of Banjara Hills on one side and the bustling IT hub HITEC City on the other side, Jubilee Hills is considered one of the poshest and most expensive residential areas in the city. It houses the Telugu Film Industry of Film Nagar, which means many famous Telugu celebrities live here along with business tycoons and politicians. 

It is also home to major media establishments like CVR News and TV9. The area is also well-connected to the rest of the city with MMTS Train station at HITEC City and the Jubilee Hills Check Post metro station. It is known for its scenic green spaces with trails and birdlife like the Kasu Brahmananda Reddy National Park and the Durgam Cheruvu Secret Lake Park.

Jubilee hills also house elaborate mansions, upscale restaurants, hip bars, and social spots along Road Number 36. The area provides the best in terms of infrastructure and facilities as it has numerous schools, colleges, banks, gyms, and some top-notch healthcare facilities etc. It is home to the BR Ambedkar Open University.

Asset Class

Property Prices (Rent)

Property Prices (Sale)

Residential Apartment

INR 18,000 - 24,000

INR 9,000 - 11,500 per sq. ft.

Residential House

INR 16,000 - 1L

INR 25,000 - 280,000 per sq. ft.

Residential Plot

-

INR 17,000 - 350,000 per sq. ft.

Table 1.5.: Rent prices are listed as per 1,000 square feet.

Begumpet

Begumpet, a part of Secunderabad, is a popular residential and commercial centre of Hyderabad surrounded by government offices and MultiNational Corporations (MNCs). This area is named after the daughter of the sixth Nizam and boasts of numerous amenities and sound infrastructure. It is well-connected by both road and rail; there is the Begumpet railway station and the Begumpet metro station for the convenience of conveyors. 

The Begumpet Airport or the Old Hyderabad Airport houses the Rajiv Gandhi Aviation Academy, the Begumpet Air Force Station of the Indian Air Force, and the Telangana State Aviation Academy. This prominent neighbourhood in Hyderabad provides access to schools, colleges, banks, shopping malls, supermarkets, and numerous parks. It is also home to the Maxivision Super Speciality Eye Hospital.

Asset Class

Property Prices (Rent)

Property Prices (Sale)

Residential Apartment

INR 10,000 - 23,000

INR 4,000 - 11,700 per sq. ft.

Residential House

INR 10,000 - 32,000

INR 4,500 - 109,000 per sq. ft.

Residential Plot

-

INR  3,000 - 82,000 per sq. ft.

Table 1.6.: Rent prices are listed as per 1,000 square feet.

Manikonda

Manikonda Jagir is a developed residential and commercial suburb in Hyderabad, that has experienced a boom in recent years because of the various ITs headquartered here. It is conveniently connected to other major hubs in the city, like Banjara Hills, Jubilee Hills, Madhapur, HITEC City, and Gachibowli. 

The locality provides a high-quality standard of living for families as well, in that it offers a number of good schools, parks, banks, multiplexes, restaurants, and malls. It is also home to the very famous Maulana Azad National Urdu University. Owing to the remarkable infrastructure and proximity to the IT companies in the vicinity, Manikonda is becoming one of the best places to build a house in Hyderabad.

Asset Class

Property Prices (Rent)

Property Prices (Sale)

Residential Apartment

INR 12,000 - 37,000

INR 3,700 - 8,800 per sq. ft.

Residential House

INR 10,000 - 30,000

INR 6,600 - 210,000 per sq. ft.

Residential Plot

-

INR 1,000 - 110,000 per sq. ft.

Table 1.7.: Rent prices are listed as per 1,000 square feet.

Of course, other than the vicinity, various other factors might affect home prices, so there are steep contrasts in homes' prices even in the same locality. A lot of it has to do with the size of the home and the amount of usable and viable space. Usable space refers to bedrooms and bathrooms. Although having features like garages, basements and gardens are a bonus; they are not generally regarded as ‘usable space’. 

The age and condition of a house also play a role in its evaluation. The newer the property, the higher the appraisal. If the plumbing, electricals, and appliances are in pristine condition, it ensures less spending on the part of the buyer. 

To make older properties more viable for the buyer, we undertake home improvement projects with carefully planned upgrades and updates as per the clients’ requirements. Even the local market influences the price of a property. So, if the value of a home in a popular location and in apparently excellent condition seems too good to be true, it is probably due to the number of properties on sale and the number of buyers in the same area i.e., neighbourhood comps. 

The rent of a unit is also influenced by whether it is furnished, unfurnished, or semi-furnished. Lastly, a home’s proximity to bus stands, metro stations, malls, schools, and hospitals is highly favourable.

Hyderabad’s IT and BPO sectors have been key factors in ushering in migration to the city. In fact, if today’s unemployed youth choose to turn to opportunities in Hyderabad in search of jobs, it will accelerate the development of infrastructure and social amenities in the city.

For your building and construction needs, you can visit Brick&Bolt. They assist you in the flawless construction of your dream home with the help of their expert teams