Hyderabad, the city of Golconda Fort, Charminar, and many other iconic landmarks, has seen remarkable growth in the real estate market with the IT boom. Many IT industries, educational institutions, and research centres have emerged to ensure a dynamic lifestyle. This has given rise to affordable and posh areas in Hyderabad, where you can access top-notch facilities and benefit from well-built infrastructure. You might have heard that Gachibowli, Banjara Hills, Kondapur, and Begumpet are a few of the best residential areas in Hyderabad. If you are looking for the top places to live in the City of Pearls, we have got you covered. Here, you will know why you should choose those areas, the average property prices, and the popular residential complexes in the area. So, let’s take a look below!
List of the Best Residential Places in Hyderabad
Did you know that between January and August 2024, Hyderabad saw an 18% increase in home sales? The city recorded 54,483 home sales, and the value of home sales went up by 41% annually. 3BHK homes were the most popular ones, and the city saw the launch of 10,348 residential units in Q3 2024. Most importantly, the sales of luxury properties in Hyderabad increased by 61% and affordable housing projects went up by 25% due to the Pradhan Mantri Awas Yojana. Since the city is coming up as the bright spot for Indian real estate, here are some residential areas in Hyderabad.
| Residential Areas in Hyderabad | Average Property Price |
| Banjara Hills | Rs. 15,270 per sqft |
| Miyapur | Rs. 5,420 per sqft |
| HITECH City | Rs. 12,247 per sqft |
| Madhapur | Rs 5,565 per sq ft |
| Kondapur | Rs. 7,931 per sqft |
| Gachibowli | Rs. 6,968 per sqft |
| Jubilee Hills | Rs. 21,348 per sqft |
| Begumpet | Rs. 8,055 per sqft |
1. Banjara Hills
Popular Residential Complexes: Stone Valley Apartment, Casablanca Apartments, Asaf Jahi Towers
Located in the northwestern part, Banjara Hills is one of the affluent residential areas in Hyderabad. Dotted with numerous cafes and restaurants like Barbeque Nation, Roastery Coffee House, Hard Rock Cafe, Journey 1853, etc., the area offers a vibrant nightlife and beyond. It is a cosmopolitan melting pot blending modernity and tradition, as you can interact with tourists and locals. Plus, the contemporary apartments, boutiques, and mansions add charm to the city’s elite area. The sprawling garden and tranquil lakes make your mornings serene; you can visit KBR National Park and Jalagam Vengal Rao if you want to spend time in the lap of nature.
2. Miyapur
Popular Residential Complexes: Aspire Spaces Ameya, Primark Inspira, The World of Joy Miyapur
With the proximity to the Hyderabad- Mumbai Highway and the Outer Ring Road, Miyapur has become one of the best residential areas in Hyderabad. The connectivity to major highways ensures smooth travel for working professionals and entrepreneurs. Miyapur has great access to Madhapur, HITEC City, Gachibowli, and other prominent areas. With the rapid growth of infrastructure projects and the new construction of roads, commercial hubs, and parks, it is one of the top residential areas in Hyderabad near HITEC City. The local government is currently focusing on upgrading the sewage system, water supply, and waste management.
Also Read: 7 Best Places To Visit In Hyderabad Under Rs. 500
3. HITEC City
Popular Residential Complexes: My Home Navadweepa, Nagarjuna Residency, Meenakshi Trident Towers
Though widely known as a premier commercial hub attracting professionals across the country, it is a tech township full of job opportunities. From IT to healthcare to engineering, the HITEC City area is filled with essential amenities and recreational facilities. Beyond its professional allure, HITEC City offers a high quality of life with its well-planned infrastructure, modern amenities, and diverse cultural scene. The area is well-connected with excellent road networks and a Blue Line of the metro rail system, ensuring easy commuting to other parts of the city. World-class hospitals, renowned schools, and upscale shopping malls are readily accessible, catering to the needs of families and individuals. Some of the best cafes and restaurants are Buddha Bowl, The Old Madras Baking Company, and Ohri’s Sahib’s Barbeque.
4. Madhapur
Popular Residential Complexes: Celebrity Oaks, Kovelamudi Ujwala, Sahiti Karthikeya Panorama
Madhapur, a bustling suburb in Hyderabad, has emerged as a sought-after residential area in Hyderabad, offering a perfect blend of modern living and serene surroundings. With its strategic location, excellent infrastructure, and a plethora of amenities, Madhapur has become a preferred choice for families and working professionals. The area also boasts some of the best educational institutions in Hyderabad, catering to students of all ages. Renowned schools like Meridian School, CGR International School, and Ravindra Bharathi School offer quality education and holistic development. You can find reputed hospitals like Matlis Hospitals, Sravani Hospitals, and Medicover Hospitals offer comprehensive medical services, ensuring the well-being of residents.
5. Kondapur
Popular Residential Complexes: Indis Viva City, SMR Vinay Iconia, Sumadhura Horizon
Kondapur, a rapidly residential area in Hyderabad, is emerging as one of the city’s most sought-after residential areas. Its strategic location, excellent infrastructure, and abundance of amenities make it an ideal place to live. The area boasts a plethora of reputed schools, including the Oakridge International School, Sri Chaitanya Techno School, and the Delhi Public School. These institutions offer quality education and holistic development for children. For healthcare needs, Kondapur is well-served by renowned hospitals such as Apollo Hospitals, Care Hospitals, and Yashoda Hospitals. Beyond education and healthcare, Kondapur offers a vibrant lifestyle with numerous shopping malls, restaurants, and entertainment options.
6. Gachibowli
Popular Residential Complexes: Kakatiya Arcade, Ozone Heights, Ambience Anthem
Gachibowli, one of the posh areas in Gachibowli, is a sought-after location with excellent infrastructure and amenities. The area is dotted with top-tier educational institutions such as Sathosh Reddy International School, Euroschool, and Meridian School, ensuring quality education. In addition to it, the presence of healthcare facilities like Medicover Hospitals, Care Hospitals, and Apollo Hospitals brings peace of mind. Of course, the seamless connectivity to the Hyderabad Metro Rail and Outer Ring Road helps you access other parts of the city. Moreover, Sarath City Capital Mall, SLN Terminus, and Atrium Mall are located in the area. Also, Gachibowli is home to well-known corporations such as Microsoft, Amazon, Accenture, and TCS, turning it into one of the best residential areas in Hyderabad.
Also Read: 5 Best Nightclubs In Hyderabad To Visit In 2024
7. Jubilee Hills
Popular Residential Complexes: Woods Apartments, Ayyanna Pearl, Casablanca Apartments
Situated on the western outskirts, Jubilee Hills is one of the top residential areas in Hyderabad. It offers a luxurious and secure lifestyle. Its prime location, lush greenery, and proximity to major IT hubs make it a sought-after destination for affluent families. The serene ambience, wide roads, and well-maintained parks offer a peaceful living experience. Moreover, the presence of high-end shopping malls like GVK One Mall and upscale restaurants and cafes cater to the discerning tastes of residents. With its strategic location, excellent infrastructure, and a strong sense of community, Jubilee Hills stands as one of the most desirable residential and the most posh areas in Hyderabad.
8. Begumpet
Popular Residential Complexes: Welkkin Park, Solanki Gulmohar Apartments, Villa Heights
Begumpet, a prime residential area in Hyderabad, offers a perfect blend of tranquillity and urban convenience. Its strategic location, coupled with excellent infrastructure and amenities, makes it an ideal choice for all. Situated close to major highways like the Outer Ring Road and the Hyderabad-Vijayawada Highway, Begumpet ensures seamless connectivity to other parts of the city. This strategic positioning reduces commute times and enhances accessibility to workplaces, educational institutions, and healthcare facilities. The area is home to renowned hospitals such as Apollo Hospitals and Yashoda Hospitals, providing top-notch medical care. Additionally, Begumpet boasts several reputed schools, including St. Francis College and Hyderabad Public School, offering quality education to students.
Also Read: Hyderabad Metro Route: Metro Lines, Map, Timings, and Fares
Besides these residential areas in Hyderabad, Kukatpally, SR Nagar, and Somajiguda have become popular among those looking for new investment options or places to rent. While Madhapur has a strong rental demand, Jubilee Hills and Banjara Hills do not have high prospects for rental yield but great capital appreciation. In case you are looking for the best residential areas in Hyderabad, you must be wondering how to furnish your place too. Just head over to Rentomojo and get all the furniture you need on rent!
Also Read: 11 Best Water Parks In Hyderabad: Location, Features, Entry Fees
Frequently Asked Questions
1. Which is the most costly residential area in Hyderabad?
Banjara Hills and Jubilee Hills are the two most affluent commercial and residential areas in Hyderabad.
2. Is Hyderabad a posh area?
Hyderabad is home to several posh areas such as Banjara Hills, Jubilee Hills, HITEC City, and SR Nagar.
3. Which is the fastest-growing area in Hyderabad?
Narsingi, Bachupally, and Gachibowli are the fastest-growing residential areas in Hyderabad.
4. Which is the cheapest area to live in Hyderabad?
Begumpet, Somajiguda, Shamshabad, and Madhapur are some of the most affordable areas to live in Hyderabad.
5. What is the best area to buy a flat in Hyderabad?
Kukatpally is growing fast with housing options; however, Madhapur, Kondapur, Somajiguda, and HITEC City are also popular localities to buy flats in Hyderabad.
