Manikonda is a suburb in western Hyderabad that offers affordable real estate compared to other major Indian cities. It has good connectivity to major roads, public transportation, and IT hubs. Manikonda has several amenities like schools, hospitals, shops, and places of worship. Due to its proximity to IT companies, properties in Manikonda provide reliable rental income and appreciation over time makes it a good investment opportunity.
2. • Buyers are showing interest in Hyderabad’s real estate market as the property market is
affordable compared to other tier-I cities like Bengaluru and Chennai.
• Manikonda, a suburb located in the western part of the Hyderabad city.
• Manikonda offers everything from affordability, connectivity, facilities, and returns.
• Manikonda has many residential colonies such as Panchavati colony, Bhagyalatha colony,
and Laxmi Nagar colony.
3. Connectivity
• In real estate sector, connectivity plays a major role in deciding the growth of the locality.
• Manikonda is easily accessible to the railway station, airport, and main IT hubs.
4. Transportation
• Manikonda is well-connected by TSRTC buses that run from Mehdipatnam to Manikonda Junction, and
Lanco hills.
• The nearest MMTS station is located in Hi Tech City.
5. Social Infrastructure
• Manikonda offers many amenities in the vicinity.
• Reputed schools like Delhi Public School, Oakridge International School, and Scholars International School.
• There are many reputed hospitals in this locality like pacific hospitals, etc.
• There are many restaurants, shopping centres, and malls located in this area.
• Religious places like shivalayam temple, laxmi narasimha temple, Jame masjid-e-amjedi, etc.
• Huge number of Banks and ATMs available.
6. Returns
• Due to the presence of IT hubs, the locality has provided good rental returns in the past years.
• The employees working in the IT companies will prefer a home near to the office, so Manikonda is one of
them.
• Your investment has secured rental income as well as educated tenants.
• Relatively low property rates make easy to get a return on investment(ROI) quickly.
7. Tourist Attraction
Lanco Hills surroundings
Qutub Shahi Tomb
Osman Sagar Lake near Gandipet
Gachibowli Indoor Station
Golkonda
8. Price Information & Trends
Price per sq.ft = 3000- 5000
Average Rental Income for 1000 sq.ft = 15,000
Manikonda has seen a greater appreciation value over the last one year.
9. Conclusion
• The current trend of this locality is high and has shown very good growth rate for all the investors.
• It is a good strategic location for all the purposes.
• If one seeking a villa, apartment, or plot, then Manikonda is the best choice.