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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Tankbund Road-Himayatnagar is a premium residential and commercial stretch in central Hyderabad, bordered by Domalguda, Basheerbagh, and Kavadiguda. The pin code of Tankbund Road-Himayatnagar is 500029. This lakeside area attracts government employees and business professionals, featuring the scenic Hussain Sagar Lake and NTR Gardens. Families send children to A.V. College of Arts, Science & Commerce and visit nearby Fernandez Hospital for medical needs. The Assembly Metro Station on the Red Line is just 2.5 km away. Lower Tank Bund Road leads to Secunderabad Railway Station in 15 minutes. Average property rates range from Rs. 8,500 to Rs. 12,500 per sq ft, dominated by multi-story apartments driven by lake views.
| Locality | Property Price per sq ft* |
|---|---|
| Tankbund Road-Himayatnagar hyderabad | Rs. 8,500 to Rs. 12,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 15,000 to Rs. 18,000 |
| 2 BHK for rent | Rs. 20,000 to Rs. 25,000 |
| 3 BHK for rent | Rs. 28,000 to Rs. 35,000 |
Property values in this lakeside belt have shown strong recovery with a 27.5% growth in sale prices over the past year. Buyers can expect average acquisition rates ranging from Rs. 8,500 to Rs. 12,500 per sq ft, driven by premium high-rise developments facing the water. Conversely, the rental market experienced a minor correction of 10% due to shifting tenant preferences toward IT corridors. Monthly rentals now range between Rs. 15,000 and Rs. 35,000 depending on the building age. This central destination remains highly sought after by long-term investors looking for steady capital appreciation. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Hussain Sagar Lake is a prominent landmark in Tankbund Road-Himayatnagar. Some more include:
Tankbund Road-Himayatnagar is well-connected through Lower Tank Bund Road and the following roads:
Assembly Metro Station on the Red Line is the closest public transit option, located 2.5 km away. Some more include:
The nearest railway station and airport are Secunderabad Railway Station, which is located 4.5 km away, and others:
Tankbund Road-Himayatnagar is well-equipped with numerous top educational institutions, such as A.V. College of Arts, Science & Commerce and St. Paul's High School, along with:
Some reputed healthcare places near Tankbund Road-Himayatnagar include Fernandez Hospital, and others:
You can access GVK One Mall and City Centre Mall easily from Tankbund Road-Himayatnagar hyderabad. Some more include:
These localities are located around Tankbund Road-Himayatnagar:
Here are some of the major employment centres near Tankbund Road-Himayatnagar:
The popular landmarks within Tankbund Road-Himayatnagar are:


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The Brigade Group is one of India’s leading property developers with over three and a half decades of expertise in building positive experiences for all stakeholders. Instituted in 1986, the company has developed many landmark buildings and transformed the skyline of cities across South India, namely – Bengaluru, Mysuru, Mangaluru, Chikmagalur, Hyderabad, Chennai, and Kochi – as well as in GIFT City, Gandhinagar, Gujarat with developments across the Residential, Commercial, Retail, Hospitality and Education sectors. Since its inception, Brigade has completed 250+ buildings amounting to over 76 million sq. ft of developed space across a diverse real estate portfolio. Brigade assures best-in-class design and top-of-the-line facilities that exude elegance and sophistication. The Residential developments include villas, villaments, penthouses, premium residences, luxury apartments, value homes, urban studios, independent living for seniors, plotted developments and mixed-use lifestyle enclaves and townships. Over the years, the projects have been one-of-a-kind in the sector, for example Brigade developed Brigade Gateway, Bengaluru’s first lifestyle enclave and Brigade Exotica, one of the tallest residential buildings in Bengaluru. Brigade is among the few developers that also enjoys a reputation of developing Grade A Commercial properties. The license owners of the World Trade Center across South India, the Group’s commercial spaces have top international clients operating out of them. Brigade also entered the co-working space with ‘BuzzWorks’ in March 2019. The commercial segment has seen consistent growth over the last few years with over 5 million sq. ft of office spaces under development.
