Hello Raman. The average commercial rent per square foot in Hyderabad is around Rs. 6,500. But you can find rent for commercial property going pretty high, based on the location and the kind of property you are looking to rent. See, commercial real estate in Hyderabad is on the rise and it is picking up pace very quickly. So, rents are also increasing and you will have to do some research to find the rent for properties you are interested in.
Factors Affecting Commercial Rent in Hyderabad
Location: This is a major direct rent influencer. Premium localities with established markets have a higher rent. You will see areas like Gachibowli and Hitec City attracting a very high rent.
Property Type: The type of commercial property is another factor to consider. Small shops will have a lower rent compared to showrooms. The area of the property and several other things come into play.
Amenities: The amenities provided in the property are also price influencers. Greater amenities increase the overall rent.
I hope this helps.
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It has been a year since I started my company and I have been managing it from my home. Now, my workforce is increasing and thus I am planning to rent a space for it. I called a friend of mine, who is into real estate, and asked him about the commercial rent per square foot in Hyderabad.
What is the Commercial Space Rent Per Square Foot in Hyderabad?
My friend told me that different localities in Hyderabad have different rates. Following that, he provided me with a list, which I have added below.
| Localities | Rent |
Gachibowli |
39 per sq. ft. |
Madhapur |
44 per sq. ft. |
Kukatpally |
42 per sq. ft. |
Hi-Tech City |
59 per sq. ft. |
Kokapet |
31 per sq. ft. |
Nallagandla |
33 per sq. ft. |
Kondapur |
33 per sq. ft. |
Manikonda |
30 per sq. ft. |
Tellapur |
31 per sq. ft. |
Banjara Hills |
83 per sq. ft. |
Kothaguda |
39 per sq. ft. |
Financial District |
41 per sq. ft. |
Jubilee Hills |
71 per sq. ft. |
Begumpet |
29 per sq. ft. |
Nanakramguda |
39 per sq. ft. |
Gopanpally |
30 per sq. ft. |
Narsingi |
36 per sq. ft. |
Shaikpet |
35 per sq. ft. |
Chanda Nagar |
35 per sq. ft. |
Somajiguda |
28 per sq. ft. |
After checking the list, I went with the Financial District as the location. And that is all about the commercial rent per square foot in Hyderabad. I hope this information will be of help to you.
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How Much is the Commercial Rent Per Square Foot in Hyderabad?
Raman
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2024-05-02T10:41:58+00:00 2024-05-02T10:42:14+00:00Comment
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