Rent in Manikonda to go up

Q: Hello, I would like to know how the rental price trend in Manikonda is right about now? I have heard that the rental price may go up in the future.. What is the scenario like?

Suresh Kota, Hyderabad

24th March 2015

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Replies (14)

It is expected that due to the various factor that are present in here, the rental price in this area will go up in the future, and this area will become a sought after real estate destination.

Manjunath Gupta, Hyderabad

5th April 2015

Comment

The well equipped social infrastructure also contributes to the rising rental demand. The locality offers schools, colleges, hospitals, parks, banks, libraries, supermarkets and shopping centres.

Sharan Basappa, Hyderabad

4th April 2015

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The number of shared autos also make commute easy for residents to Gachibowli and MMTS service (Hyderabad Metro Trains) and Hitec City. The closest MMTS Train station is at Hitec City from where you can go anywhere to the city

Raghavendra Hegde, Hyderabad

3rd April 2015

Comment

Manikonda also enjoys proximity to the Outer Ring Road (ORR), which means 14-16 km traffic-free drive to the airport and railway station which are situated at about 40 km and 13 km away respectively.

Govind Naidu, Hyderabad

1st April 2015

Comment

I think the good connectivity that is present in Manikonda is also playing its part.. you can easily travel to your work places from Manikonda, and it is well connected by roads as well.

Ravi Shankar, Hyderabad

31st March 2015

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Compared to the other places in and around the IT corridor, Manikonda is an affordable alternative. It is located close to Jubilee Hills which is approximately 10 km. The rental value of a 2BHK unit is about Rs 12,000-18,000 per month.

Verma, Hyderabad

31st March 2015

Comment

If you want to invest in some place also, if you want to get some good rental values back in the future, then I think that Manikonda is a good place to invets in.

Nagesh Tudur, Hyderabad

30th March 2015

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Yeah yeah, land encroachments are a big problem in Manikonda and there have already been a lot of issues regarding this in the recent times, that is why people are only opting for rental properties in here.

Aman Khatri, Hyderabad

29th March 2015

Comment

But you know what the other reason is? There are a lot of illegal properties and illegal land that is available in this place, so in a way it is also not safe to buy property in here, which is why people do not buy.

Bharath Konda, Hyderabad

28th March 2015

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Look, its basically all the work crowd that is taking up property in here. You can find many young professionals in this place, which is why the 2 bhk apartments are in good demand in Manikonda.

Sridhar, Hyderabad

28th March 2015

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Yeah, and also,.. many people are here on work basis, so which is a temporary thing. So many people in here look for rental properties than buying and invest for sure.

Gireesh Hegde, Hyderabad

26th March 2015

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One factor that is actualy helping in Manikonda becoming a preferred locality is that its location. Being close to the many IT companies, the people who are moving in here are more, hence increasing the value of this place.

Shiva Kuchibhottlla, Hyderabad

26th March 2015

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In Manikonda, right now, 2BHK apartments having some carpet area of around 900-1200 sq ft are most in demand for rented accommodation, They are mostly software professionals who are looking for such property.

Ramakrishna, Hyderabad

25th March 2015

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Yaa. the rental price in manikonda has seen s definite rise in the past few months, as the state has got back its political stability and many people are now ready to invest here.

Syed Ali Khan, Hyderabad

24th March 2015

Comment