Apartments for sale in Manikonda, Hyderabad

Manikonda is a commercial and residential neighborhood in Hyderabad, Telangana. Situated in the western part of Hyderabad, the locality falls under the Greater Hyderabad Municipal Corporation (GHMC) limits. In recent years, this suburb has experienced significant growth, largely attributed to the presence of headquarters of top software companies. The area is renowned for its residential amenities, educational facilities, and convenient transportation links offering a seamless fusion of convenience and lifestyle.    

Insights into Residential Real Estate Trends in Manikonda    

Real estate prices in Manikonda have shown a consistent upward trend. Land rates range between Rs 10,650 and Rs 13,600 per square foot. The average transaction rate of a flat in Manikonda is Rs 5907 per square foot. Approximately 77% of properties available for sale in Manikonda are multi-story apartments, with 49% of the total properties being 3 BHK units.   

The region has experienced a surge in infrastructure development, resulting in an expansion of its real estate market. Manikonda offers a variety of housing options, with many nearing completions and ready for occupancy. To cater to the needs of prospective residents, developers in Manikonda are continually striving to introduce new and exceptional residential projects. The popularity of homes in Manikonda among local buyers is attributed to the numerous commercial complexes that feature restaurants, banks, supermarkets, schools, and other essential services.    

Key Features of Manikonda    

• Manikonda is essentially a residential area known for its affordable housing options, including apartments and independent homes.   
• The commuting options in the area include GPR Quarters(6km) Via Lanco Hills, Golconda Fort(5km) via Neknampur road, Raidurg metro station(6 km), and Durgam Cheruvu metro station(8Km)   
• For entertainment options, Khajaguda Lake(4.2 km) and Khajaguda Hills(2km) are well-known for outdoor activities like hiking and bouldering. They are situated in the Khajaguda area.   
• Manikonda is located approximately 8 kilometers away from the IT hub of Hyderabad, HITEC City. It is bordered by other prominent areas such as Gachibowli, Shaikpet, Raidurgam, and Puppalaguda.   
• Popular schools in the area include Delhi Public School(3km), Oakridge International School(4km), Rockwell International School(8km), and the Indian School of Business (7km).  
• Healthcare services are offered by several hospitals which include Continental Hospitals(10km), Care Hospitals(10km), Avasa Hospital(700m), and Apollo Spectra Hospital(8km).   
• Some of the must-visit places in Manikonda include Osman Sagar Lake(11km), Land of cubs(1Km), Golkonda Fort(5km), and the Qutub Shahi Tombs(4Km), Neknampur Lake(4Km)  
• A couple of the green spaces in Manikonda include Lanco Hills Park(1km) and Manikonda Central Park(5km). 
• The nearest airport is Rajiv Gandhi International Airport (25 km).  
• Some of the notable developers engaged in residential projects in Manikonda include Sri Aditya Homes, Anuhar Homes, Golden Homes Builders and Developers, SRIAS, and EIPL.    

Ongoing and Upcoming upcoming project infrastructure in Manikonda    

• The extension of service lanes along Narsingi's Outer Ring Road by 3 km would make it easier to travel to nearby IT clusters.   
• The installation of water pipes and service reservoirs in Alkapur Township is anticipated to resolve the water problems in Manikonda.   
• To address waterlogging in the area, the civic authority intends to clear encroachments from the lake beds in Manikonda.   
• Hyderabad's planned extension involves connecting the airport to the area through the Blue Line of the Hyderabad Metro, starting from Narsingi Station, which is 3 kilometers away.