Manikonda is a growing residential area 17 kilometers west of Hyderabad city center. The district has grown in popularity over the past decade. This is because many well-known software companies have offices in the nearby financial community. Manikonda is near Film Nagar, Alkapur Township, Jubilee Hills, Gachibowli, and Shaikpet. A number of residential projects and detached housing under development will provide mid-range accommodation for users.
Manikonda Why Invest in Hyderabad?
Manikonda is a fast-growing residential area in the western district of Hyderabad. Maniconda has been getting a lot of attention lately due to its proximity to major cities. The location has seen a whirlwind of infrastructure development leading to a real estate boom. Maniconda has a number of properties, with many more nearing completion and operation. Many builders in Maniconda are constantly striving to achieve higher-quality housing projects to meet the expectations of future residents. Many commercial facilities such as schools, supermarkets, fitness centers, restaurants, banks, etc. make Maniconda properties popular with homebuyers. Due to its proximity to well-known work centers such as
Gachibowli, Banjara Hills, and HITEC City, Manikonda is a famous rental housing center among investors. HITEC City, known as Saibabud, is nearby. Known by many technology companies and other businesses. Maniconda is just 7.4 km away. On the other hand, his Gachibowli, home to his MNCs like Mascon Global LTD, iGATE, Microsoft, and CTS, is just 8.5 km from here.
Many well-known companies are located in this area. For example, Mount Litera Zee School, Scholars International School, Elate International School, Prathibha High School, PRISM International School, Pavithra International School, Gautami Talent School, and Sri Gayatri e Techno Schools.
Maniconda has many health centers and hospitals to meet the medical needs of its residents. For example, Prelana Hospital, Andani Hospital, Avasa Hospital, Prolife Hospital, Apollo Clinic, Sunshine Hospital, etc.
There are many malls, malls, and local markets in this area. For example, Diamond Corner, Puparagda Market, etc. Rs 4,400 per square foot to Rs 6,800 per square meter. At the same time, rent for residential space in the area varies from Rs.10 per square foot to Rs.17 per square meter. About 24% of the properties for sale at
Manikonda is priced between Rs. 60-80 lacs. At the same time, about 20% of properties are available at Rs. 80 racks at Rs. 1 cr. Roughly 77% of the properties sold in the area are high-rise apartments. Additionally, 49% of all Maniconda properties are 3 BHK, the most common room configuration.