Madhapur, in Hyderabad has availability of new homes, along with semi-premium projects that offer value-for-money options, are the main factors that attract property seekers and you may contact us
Nestled between Hitec City, Jubilee Hills and Kukatpally, Madhapur is a popular area in Hyderabad. It lies close to the IT hotspot of Hyderabad, where most of the multi-national companies are located. In addition to new residential complexes, the region offers value-for-money properties, which have made Madhapur a sought-after real estate destination for renters, as well as buyers.
Connectivity to Madhapur
Madhapur is connected through public transportation options, such as the metro rail and local city buses and also enjoys connectivity with the Outer Ring Road (ORR). The Rajiv Gandhi International Airport is at a 45-minutes’ drive away, via ORR, which makes it a preferred location for professionals who travel frequently. Apart from this, most of the basic amenities for residents, including international schools, hospitals, educational institutes, shopping complexes, etc., are available in a two-km radius. According to CBRE’s Real Estate Outlook, Madhapur is one of the locations that is expected to drive demand in 2019, due to availability of affordable housing projects in the area.
Property options
Buying | |||
1BHK | 2BHK | 3BHK | |
Apartment | Rs 15 lakhs onwards | Rs 57 lakhs onwards | Rs 70 lakhs onwards |
Rent | |||
Apartment | Rs 8,000 onwards | Rs 14,000 onwards | Rs 17,500 onwards |
Builder floor | Rs 13,000 onwards | Rs 29,000 onwards | Rs 35,000 onwards |
At present, there are over 60 ready-to-move-in apartment projects in the area, while property prices stand at Rs 7,000 per sq ft. Capital values have witnessed a growth of 54% over 72 months in Madhapur, which makes it an attractive region for investors. According to ANAROCK research, Hyderabad’s residential rental yield stands at 3.7%, which is the highest among Indian cities.
Madhapur’s proximity to corporate houses has also given rise to short-term leasing in the area. Co-living and serviced apartments are also emerging as lucrative investment segments, which are offering better rental yields than residential. Landlords and building owners are leasing their properties, to monetise on ‘per bed’ revenue, at prices starting from Rs 10,000 per month.