Consumers prefer localities such as Manikonda, Miyapur, Nizampet and Sainikpuri the most. While the first two fall in the 3,000-4,000 per sq ft segment, the latter two fall in the 2,000-3,000 per sq ft segment.
Budget-wise, the 2,000-3,000 per sq ft segment saw an overall decrease of 5.5 percent while the 3,000-4,000 per sq ft segment saw an average price movement of 4 percent. Localities in the former segment which witnessed a fall in property prices include Bowenpally, Kompally, Nizampet and Uppal. The latter segment includes Manikonda. Investment in the above mentioned four localities means that if you put in your money in the next coming weeks, these properties will be at reduced prices than their usual. Manikonda on the other hand will be more expensive.
Buying a 2BHK unit
To further assist you in your house purchase, we have brought you the size and budget range of 2BHK units in some localities.
Now that you are armed with the data, take a look at what is on offer in the market. While making a decision, do not forget to grasp on social, physical and connectivity related information as well. If ignored, you might pay a steep price for navigation around the city for everyday needs. The market seems right and with property options over pouring, it is definitely time to invest in a compact property.
Namrata Ekka, Times Property, The Times of India, Hyderabad