Amberpet is one of the old residential suburb of Hyderabad but you do not have access to modern facilities and the area do not have many job options also. That is the reason the area has seen a drop in the property price.
The capital values of apartments in Amberpet range from Rs 2,500-4,300 per sq ft. Ready-to-move-in 2 BHK apartments will cost in between Rs 20 lakhs to Rs 45 lakhs while 3 BHK apartments are available for Rs 30 lakhs to Rs 60 lakhs.
As far as I know Amberpet has seen a down ward trend by 25 percent in the property price in this quarter ( Jan to Mar 2016). It has also affected the rental market in Amberpet.
According to investors, it the right time to buy in this locality as the prices are on the cheaper side 'and they can bargain for best deals which are already available in the market or ask for discounts.
Properties are still available at cheap price but the locality is lagging in infrastructure and other facilities. Local investors are more interested than those from other cities. It is the right time for the end users to buy a property at low cost and later they can ear good profits when property prices goes up.