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Home Blog Rental Guide for Renters, Tenant & Landlord Prime Investment Opportunity: Rental Income Property for Sale in Hyderabad in 2025

Prime Investment Opportunity: Rental Income Property for Sale in Hyderabad in 2025

Published : January 31, 2025, 12:00 AM

Updated : January 31, 2025, 12:00 AM

Author : author_image kruthi

7067 views

Are you looking for consistent returns and long-term growth as an investor? Then, investing in a second property in Hyderabad, a vibrant metropolis with a thriving economy, can pique your interest.  Hyderabad’s real estate market offers many attractive properties. You can easily find a rental income property for sale in Hyderabad.

But the question that arises is how can you find the right property. Which is the best locality to invest in Hyderabad? To answer all these questions, you must read this article. It will look at the prominent localities where you can find rental income property for sale in Hyderabad, walk you through key considerations, and highlight the various benefits of making a purchase.  So, let us begin!

A Brief Overview

Below is a list of localities,  along with their rental ranges:

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LocalityRental Range
Nizampet₹ 9,606 - ₹30,000
Miyapur ₹ 5,900 - ₹1.7 Lakhs
Manikonda ₹ 12,450 - ₹21,200
Kondapur ₹ 12,000 - ₹82,200
Gachibowli ₹ 12,000 - ₹81,060
HITEC  City ₹ 14,200 - ₹35,600
Banjara Hills₹10,000 - ₹82,000
Begumpet ₹8,300 - ₹45,000

Top 8 Locality in Hyderabad for Rental Income Property

To maximise your returns, it's essential to choose the right locality. Some of the commercial properties for sale with rental income in Hyderabad are:

1. Nizampet 

Nizampet is located on the northwest corner of Hyderabad. The locality borders Miyapur, Gundlapochampally, HITEC  City, Madhapur, and Bowrampet. The area is well-connected to the other parts of Hyderabad via the NH-65 (Mumbai Highway), Nizampet Road, Bachupally Road, and Pragathi Nagar Road. 

The JNTU College Metro Station on the Red Line of Hyderabad Metro is the nearest metro, just 3 km from the locality.  The nearest railway station on the Hyderabad Multi-Modal Transport System to the locality includes Hafeezpet and HITECH City. 

The area also has a well-developed social infrastructure involving notable schools like the Ravindra Bharathi School, Castletown High School, and Bhashyam High School. The area also has various hospitals, such as  Sri Sri Holistic Hospital, Nest Hospital, Sk Pranam Hospital etc.  The area also has malls such as the M.S.R Complex, CMR Family Mall, Manjeera Mall and many more.

When it comes to property, Nizampet offers different types of properties. The average cost per square foot in Nizampet is around ₹6,910 per sqft, and the cost of buying the property ranges between ₹3,478 - ₹40,625 per sqft. The price for buying a property ranges between ₹40 lakhs and ₹4 crores. About 46.59% of the properties for sale in Nizampet cost between ₹40 lakhs and ₹60 lakhs. 

More than 71.58% of the properties in Nizampet are flats, and 17.05% are villas. You can also find 1 BHK unit to larger units. The area has witnessed an increase of 11.34% yearly. The positive rate increase, affordability, and cleaner environment make Nizampet an ideal location for investment. 

2. Miyapur

Geographically positioned in the northern part of the city. It is known to be one of the busiest places in Hyderabad. It falls under the jurisdiction of Greater Hyderabad. It is managed by the Greater Hyderabad Municipal Corporation (GHMC) and developed by the Hyderabad Metropolitan Development Authority (HMDA)

The areas surrounding Miyapur include Ameenpur, Nizampet, Chanda Nagar, Kukatpally, Bachupally, Serilingampally, Nallagandla, Patancheru, Tellapur, Kondapur, Gachibowli, and HITEC City. It is strategically located on NH65, which is the Pune-Hyderabad-Machilipatnam highway. 

The Miyapur-Gachibowli and Miyapur-Kompally intermediate ring roads provide excellent access to the area. The Miyapur Metro Station, a terminal station on the  Red Line of the Hyderabad Metro, is the closest. The train stations in the vicinity are Hafeezpet and Chandanagar.

There are several respectable educational establishments in Miyapur. Kleos International School and Matrusri DAV Public School are a few of them. Many well-equipped hospitals, including Srikara Hospital and Archana Hospital, are also located in the area.

In addition, Miyapur has many retail centres that serve the various requirements of its citizens. Among the well-known shopping centres in the region are GSM Mall & Multiplex, Maangalya Shopping Mall, and NSL Centrum Mall.

The average cost per square foot in this neighbourhood is around ₹6,230. However, the cost per square foot might sometimes vary between ₹3,800 - ₹18,000. The range of prices in Miyapur, contingent on the kind of property, is ₹24 lakhs to ₹2.60 crores. In Miyapur, apartments make up around 82.51% of all properties, and homes make up roughly 12.41%.

Miyapur's real estate prices have risen by around 9.44% in the past year.  This suggests that the real estate market is robust and expanding.

3. Manikonda

Manikonda is a business centre that lies south of Hyderabad. The locality is near Gachibowli, Narsingi, HITEC  City, Puppalaguda, and Jubilee Hills. The area is near TSRTC buses which run buses from Mehdipatnam to Manikonda MarriChettu Junction and Lanco Hills.  

The Raidurg metro station is the closest metro rail station. Manikonda has a well-established neighbourhood with plenty of nearby facilities. These include educational institutions, including Sri Chaitanya School and Mount Litera Zed School Manikonda. For medical purposes, there are facilities like Apollo Fertility Clinic, Prasad Facilities, and Avasa Hospital. Reliance Digital and Inorbit Mall Cyberabad are two retail malls in the locality.

Manikonda provides various types of properties. The property prices range from ₹3,485 to ₹24,000, with an average cost per square foot of ₹6,646. The most recent quarter saw a 1.8% increase in Manikonda real estate prices.

The most common type of property is 3 BHK, which makes up about 55% of all properties for sale. Most of the properties in Manikonda are multi-storey apartments. Manikonda’s strategic location is near significant software company headquarters, and luxury residential projects like Lanco Hills have made it a popular place for investment. 

4. Kondapur

Kondapur is located in the western part of Hyderabad, part of the Serilingampally mandal in the Ranga Reddy district. Situated in the  Cyberabad IT zone, it's a well-liked residential area. The neighbourhood is near Gachibowli, Madhapur, HITEC City, Miyapur, and Chandanagar. Shilpa Layout, Vinayaka Nagar, and Kothaguda.

Kondapur is well-connected to other parts of Hyderabad. Furthermore, National Highway 9, the Outer Ring Road, and the Gachibowli-Miyapur Road provide connections to other parts of the city. The area is also close to the HITECH City railway station. The closest metro stations include the HITEC City and Raidurg.

Kondapur has a robust social infrastructure. The area has malls like Sarath City Capital Mall and Mytri Square. The area also has schools like Maharishi Vidya Mandir School and Sri SaiRam Kids School. You can also get top-notch healthcare facilities at KIMS Hospital and Apollo  Spectra.

The average cost per square foot in Kondapur is ₹9,183, with property prices ranging between ₹1.4 crores - ₹1.6 crores. Over the last year, property prices in Kondapur have increased by 24.95%. The area has various properties, including residential apartments, independent houses, and commercial establishments. More than 96.34% of properties for sale are flats, with few villas.

5. Gachibowli

Gachibowli is a well-off area in West Hyderabad known for its IT sector. Gachibowli is part of the Serilingampally mandal in the Rangareddy district. It shares its border with Madhapur, Nanakramguda, Financial District, Kokapet, Narsingi, and Manikonda.

Additionally, Gachibowli boasts a sophisticated road and raid network. The Outer Ring Road (ORR) that goes through Gachibowli enhances its connectivity. The HITEC  City Metro is the nearest one.

The area is dotted with several institutions, including Sri Chaitanya Future Pathways Global institutions and Kendriya Vidyalaya, that cater to higher education. AIG Hospitals and Himagiri Hospital are two renowned medical centres. Additionally, it is home to prestigious academic establishments, including IIIT and the Indian School of Business.

The cost of real estate ranges from ₹4000 to 10,000 per square foot. Properties with two, three, and four bedrooms typically cost ₹80 lakhs, ₹1.30 crores, and ₹2.30 crores, respectively. The locality has witnessed an increase of 6-8%. 

Gachibowli is home to a variety of real estate, including standalone homes, flats, and business spaces. Apart from a few villas and standalone houses, most of the properties are multi-story flats. Additionally, the parks and green neighbourhood make it a top choice for investors.

6. HITEC City

One of the main tech hubs for Hyderabad's IT sector is HITEC City, also called Hyderabad Information Technology Engineering Consultancy City. The city is spread across an area of 200 acres across Madhapur, Gachibowli, Kondapur, Manikonda, Thellapur, Nanakramguda, and Sharthpur. 

The city is easily accessible from other regions of India via the Outer Ring Road (ORR) and several other routes. The HITEC  City Metro Station is the closest one. The infrastructure consists of three levels: the street level, the course level, and the platform level. A dedicated skywalk connecting the Hyderabad Next Galleria Mall to the station is another feature.

There are several schools in HITECH City, including the Gowtham Model School and Nasr Boys School. There are malls in the region as well, including Tribal Mantra and Happiness Sale. In addition to all of these, the region is home to several prestigious hospitals, including Oakridge Hospital and Medicover Hospitals.

In HITECH  City, the average price per square foot is ₹11,233. Properties in HITECH City range between ₹8,512 - ₹13,954 per square foot. Over the previous five years, there has been an increase in the pricing. The majority of the properties in HITECH  City are apartments and homes. 

A house in the city cost between ₹1.20 crores - ₹8.20 crores. Three-bedroom apartments make up 51% of the most prevalent room arrangements in this neighbourhood. The fact that HITEC City is home to the prestigious business district in Hyderabad and a large number of working professionals looking to tenant-ship makes it an excellent investment.

7. Banjara Hills

Banjara Hills is one of Hyderabad's most upscale neighbourhoods. Sitting atop the city's highest point, it slopes towards the Musi River. Well-connected by highways like NH65 and public transport like Telangana State Road Transport Corporation (TSRTC), it enjoys seamless links to the rest of Hyderabad.   

The area boasts top-notch schools like Kalpa School and Kaushalya Global The Complete School. High-quality healthcare is available at hospitals like Virinchi Hospital and TX Children's Hospital. For entertainment, GVK One Mall is the popular choice, with other shopping complexes dotting the area. 

Banjara Hills offers a variety of properties. 77.47% of properties in Banjara Hills are flats, while 16.48% are houses. The property prices mostly range between ₹1 crore - ₹1.50 crore. You can choose from 1-5 BHK apartments, and there are also options for furnished flats, builder floors, and single rooms. 

With rates rising almost 41.9% in five years, Banjara Hills remains a sought-after residential locale. Its connectivity, amenities, and real estate growth potential continue to attract homeowners despite high prices. Proximity to malls and entertainment makes it a convenient place to live.

8. Begumpet 

Begumpet is another well-known locality in Hyderabad. It’s located north of Hussain Sagar Lake. The area got its name from the daughter of the sixth Nizam, Basheer Unnisa Begum, who received it as a wedding gift. The locality is close to Balanagar, Sanath Nagar, Ameerpet, and Bowenpally.

The locality is easily reachable with plenty of transportation options. The Begumpet railway station is the nearest. The city bus service, run by TSRTC, connects Begumpet to significant parts of the city. The Begumpet metro station serves this area.

The locality also houses schools like the Hallmark School, Begumpet Public School, and Global Edge School. The Vivekananda Multispeciality Hospital and Begumpet Medicover Hospital are also in the vicinity. Numerous retail centres exist, including GS Mall and Oyster Mall.

Begumpet has an average cost per square foot of about  ₹8,185, with prices ranging between ₹4,000 - ₹29,166. Begumpet real estate prices have risen 18.3% throughout the past 12 months. In Begumpet, homes make up 26.23% of all properties, compared to almost 70.49% of apartments. The cost of real estate varies from ₹60 Lakhs to ₹4 crores. The available properties include 2 & 3 BHK units.   

Over the last 5 years, the property prices have risen by 68.5%.  Its closeness to Hussain Sagar Lake and being one of the major commercial areas of Hyderabad make it a popular choice for residential and commercial uses.

Factors Affecting the Rent in Various Localities Across Hyderabad

Several factors affect the rent in Hyderabad. Some of the factors are:

1. PLakhse

The location of a property is one of the primary factors affecting its rental price. Properties in well-known locations, such as city centres or business areas, usually command higher rates due to their status and convenience.

2. Features of the Property

The particular features of a home play a big part in figuring out the rental cost. Larger apartments with more bedrooms often have higher rental prices. Properties with unique amenities, such as a garden, pool, or top-notch appliances, may also fetch a premium price.

3. Condition and Age of the Property

Properties with contemporary facilities and good condition are typically preferred by tenants. As a result, well-kept and newer houses frequently command higher rentals. However, older or in need of repair houses could offer reduced rental prices.

4. Utility Bills

The amount that a home lease is significantly impacted by utility costs. If utilities like water, electricity, and internet are included in the rental price, it will likely be more. On the other hand, if renters pay these costs out of pocket, the rent may be lower.

5. Market Supply and Demand

The equilibrium between supply and demand in the market also affects a property's rental price. If a large number of comparable homes are up for rent, there may be more competition and a cheaper price. On the other hand, if there are many prospective renters and few available properties, the price can be higher.

Invest in Rental Properties for Sale in Hyderabad with NoBroker

Investing in rental income property for sale in Hyderabad is a promising way to build wealth and achieve financial stability. With its growing real estate market, good economic conditions, and increasing population, Hyderabad offers many opportunities for property investors. 

NoBroker offers an extensive array of rent-earning properties for sale in Hyderabad. If you’re looking for rental income properties for sale in Hyderabad, NoBroker can connect you directly with property owners. This direct connection eliminates the need for brokers, saving you from paying unnecessary brokerage fees.

Whether you are looking for a steady income or long-term growth in property value, the city’s changing geography is ideal for real estate success. So, take advantage of this opportunity today and start your journey towards financial success in Hyderabad’s lively property market.

Frequently Asked Questions

Which is the best area in Hyderabad for buying a flat?

The best locations include Banjara Hills, Kondapur, and Gachibowli because of their upscale homes and proximity to business hubs. Investment in these localities can reap better profits.

Is it worth buying a flat in Hyderabad?

Yes, Indeed, purchasing an apartment in Hyderabad is a wise move. Many purchasers are drawn to the city by its thriving IT sector, advanced infrastructure, and selection of reasonably priced homes. Nonetheless, making informed investments requires careful consideration of many variables and extensive study.

How can I get a rental agreement in Hyderabad?

In Hyderabad, to get a rental agreement, you must first discuss conditions with your landlord or tenant and then prepare a preliminary agreement. Once the final document is printed on mandated value stamp paper, the deed must be registered with a local Sub-Registrar office.

Is it better to invest in flats or houses for rental income in Hyderabad?

Rent from apartments is often a moderate but consistent source of income. Conversely, although there may be sporadic changes in demand, houses may yield larger profits over the long term.

Are flats more popular than houses for rental purposes in Hyderabad?

Yes, flats are popular as they are more affordable and require less maintenance. However, independent houses offer more privacy and customisation options.

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