Telangana Hyderabad - Real estate sees jump in housing prices
According to a report by Colliers, CREDAI, and Liases Foras, the average housing price in hyderabad reached Rs 11,323 per square foot, jumping by 9 percent year-on-year (YoY).
Following is the city-wise average housing price:
The average prices in Central hyderabad dropped slightly.
• Central: Himayat Nagar, Somajiguda, Begumpet, Ameerpet
• Northeast: ECIL, Ghatkesar, Malkajgiri, Medchal, Pocharam
• Northwest: Banjara Hills, Gachibowli, Kondapur, Kukatpally, Miyapur, Nanakramguda
• Southeast: Boduppal, Karmanghat, Kothapet, LB Nagar, Uppal
• Southwest: Kokapet, Manikonda, Puppalguda, Shaikpet, Shamshabad
The report predicted that the proposed Metro Phase 2 may boost residential real estate in the mid to long term in Southwest and Southeast Hyderabad. City's housing prices became the second most expensive in the country. watch out this space for more updates.