Looking For An Apartment At An Affordable Rent In Hyderabad? Consider These Localities

Looking For An Apartment At An Affordable Rent In Hyderabad? Consider These Localities

Looking For An Apartment At An Affordable Rent In Hyderabad? Consider These Localities
(Dreamstime)

Hyderabad has the highest number of Special Economic Zones (SEZs) and IT offices. With more and more professionals moving to the city, there has been a steady demand for rental properties in the city, in recent years. Moreover, with rapid infrastructural developments like the upcoming metro rail and flyover projects, Hyderabad promises a quality living experience for its temporary and permanent residents.

MakaanIQ lists some popular neighbourhoods in Hyderabad, offering apartments for rent:

Madhapur

Livability score: 8.8

A suburb in north-west Hyderabad, Madhapur is home to leading MNCs and IT firms viz. Deloitte, Google and TCS as well as reputed colleges like NIFT. Not just hotels, the locality offers ample rental options for working professionals looking for short-term accommodation. Hitec City, the popular technology hub, is located in the suburb. Located in proximity to areas like Kukatpally, Gachibowli, Jubilee Hills and Banjara Hills, this area has public transportation provided by state-owned TSRTC bus services, auto-rickshaws and taxis.

Rental prices start from Rs 6,333 for a 1BHK apartment of 553 sq ft and Rs 10,800 for a 2BHK apartment with 1,020 sq ft area.

Uppal

Livability score: 8.5

Also referred to as Uppal Kalan, Uppal is an emerging realty hub with a variety of social amenities that include a cricket stadium, upmarket shopping malls, multi-specialty hospitals, etc. The area is well-connected to Begumpet Airport and the proposed metro-rail route. There are offices of IT companies and engineering and technology institutes in the vicinity. It has excellent public transportation.

Rental prices start from Rs 5,800 for a 1BHK apartment of 525 sq ft and Rs 10,000 for 2BHK apartments with 1240 sq ft area.

Begumpet

Livability score: 9.8

Known for the famous Begumpet Airport, this locality in Hyderabad is a well-developed commercial and residential hub. It has the finest social infrastructural facilities which include prestigious technical and management schools viz. AP Aviation Academy and Rajiv Gandhi Aviation Academy. Effective public transportation ensures smooth commuting to other parts of the city.

Rental prices start from Rs 5,000 for a 1BHK space of 480 sq ft and Rs 11,000 for 2BHK apartments with 1150 sq ft area.

Ameerpet

Livability score: 10

Ameerpet is situated in south-west Hyderabad. This locality is a commercial hub owing to the presence of various coaching centres and software training institutes, thus, becoming a preferred destination for students. Well-developed infrastructure entailing APSRTC bus services, hospitals and shopping malls makes for a comfortable lifestyle.

Rental prices start from Rs 5,600 for a 1BHK space of 657 sq ft and Rs 10,250 for a 2BHK apartment with 1,110 sq ft area.

Somajiguda

Somajiguda is a serene neighbourhood in the city and is slowly emerging as a business centre. With availability of quality social infrastructure, Somajiguda is famous for popular landmarks such as the Yashoda Hospital and Roots International School of Business Management. The presence of international banking institutions and IT companies such as ADP and Cavium, has led to an increase in rental demand in the area. The region has fine road and rail connectivity, with good public transportation provided by TSRTC buses.

Rental prices start from Rs 6,500 for a 1BHK space of 660 sq ft and Rs 10,000 for 2BHK apartments with 1000 sq ft area.

Note: Livability score is a score given to a locality on the scale of 10. It signifies the quality of life a family or an individual can enjoy living in that particular locality. This is calculated on important parameters including location, price, amenities, physical and social infrastructure, projects, developers operating, etc.

Similar articles

@@Tue Nov 07 2017 19:30:47