Located in the old city area of Hyderabad, Jumeraat Bazaar is a busy commercial centre known for its wholesale trade. Jumeraat Bazaar PIN codes are 500006 and 500012, it is situated close to famous localities like Puranapool, Charminar and Lad Bazar. Home to traders dealing in textiles, stationery and household goods, Jumeraat Bazaar is well connected by road and metro rail. Its proximity to major roads and markets make properties in this area conveniently accessible.
Jumeraat Bazaar Hyderabad is a melting pot of different cultures. Mostly inhabited by traders, businessmen and their families, the locality also houses workers employed in the shops and warehouses. Life revolves around the busy bazaar, with people socialising in local coffee shops after work. The old city lifestyle is closely-knit, with evening gatherings, music and Hyderabadi cuisine bringing the community together. As one of the iconic markets of the city, Jumeraat Bazaar strongly reflects the unique culture of its historic quarters. The area continues to pass on its vibrant spirit to future generations.
Physical Infrastructure of Jumeraat Bazaar
Jumeraat Bazaar has a well-established physical infrastructure to support the needs of the local community. It is well-connected to major roads in Hyderabad like NH44 and NH65. Dabirpura train station is 3km away. Residents have swift access to the Hyderabad metro rail through both the Red and Green Line metro stations such as MG Bus Station, Gandhi Bhavan, Osmania Medical College, and Sultan Bazaar stations. This robust network of transportation, banking, security and emergency facilities add to the locality's overall accessibility. Check out the Jumeraat Bazaar map to know more.
Social and Retail Infrastructure of Jumeraat Bazaar
Jumeraat Bazaar is well served by social infrastructure that caters to the needs of local residents. For education, schools like Scholar High School, Oxford High School and St. Pauls Hi-tech School are located nearby. Azam Junior College and Mesco College Of Pharmacy are within 3-4 kms. Healthcare is covered through hospitals such as MEDS Hospital, Azam Hospital and L V PRASAD EYE CARE that are a short drive away. The locality is near retail hubs like Aziz Plaza and South Dreams Mall where residents can shop for groceries, clothes and more. This solid social and retail infrastructure enhances the quality of life for people living in Jumeraat Bazaar.
Real Estate Market Trends and Rental Demand in Jumeraat Bazaar
Jumeraat Bazaar property rates have been performing well over the past few years on the back of strong economic growth in the region. Several major IT/ITES companies have either expanded or established new facilities in nearby Hitech City, boosting the demand for rental housing from young professionals. Average property rates in the area are around 10520 per sq ft. According to local property consultants, the rentals for 2BHK and 3BHK apartments have risen by 15-20% in the last 18 months as a result of high tenant demand. At the same time, capital values have also appreciated steadily at 10% annually. Average rental in the area are between the range of 10,500- 15,000 per month. The rental outlook for Jumeraat Bazaar is quite promising. Investors can expect decent rental yields from this micromarket.
Top Employment Hubs near Jumeraat Bazaar
Being conveniently located in the heart of the city, Jumeraat Bazaar has easy access to some of the top employment hubs such as —
- Battineni's Techpark - 11km
- Lanco Hills Technology Park - 11km
- SBR SIRI TECH PARK - 12km
- Divyasree Tech Park - 12km
Famous Sub-Localities / Colonies / Areas near Jumeraat Bazaar
Being a busy commercial hub, Jumeraat Bazaar has several sub-localities within close proximity. Some popular areas near Jumeraat Bazaar are-
- Chudi Bazaar
- Mangalhat
- Puranapool
- Nampally
- Abids
Things to do in Jumeraat Bazaar
- Charminar Fort was built in 1591, this landmark is an icon with 4 minarets and beautiful arches. Complex homes a mosque and market. Visit on Fridays for bazaar.
- Chowmahalla Palace is an 19th century palace centers around a huge courtyard with frescoes, halls of public and private audiences. Daily light and sound show depict Nizam lifestyle.
- Nizams Museum is located in the 250 year old building displaying portraits, weapons and medals telling history of Nizams rule over centuries.
- Salar Jung Museum houses over 50,000 sculptures, carvings and antiques including clocks from Europe. Must-see is Veiled Rebecca along with rare manuscripts.
- Nehru Zoological Park Hyderabad is home to many indigenous and exotic species like tigers, lions, leopards and deer. Lake and boating area add charm.
- Mir Alam Park spreads into 50 acres, spend evening among fountains and walking paths. Children area and playfield attract families for outings.
Jumeraat Bazaar in Hyderabad has emerged as a promising location for real estate investment thanks to ongoing infrastructure projects and improved connectivity. The rental demand is expected to stay high given the steady commercial growth in this part of the city.
What is Good about Jumeraat Bazaar?
- Vibrant community atmosphere with various social activities.
- Well-connected via major roads and metro within the city.
- Abundance of schools, colleges, healthcare and employment hubs nearby.
- Cultural landmarks, historic sites and parks within short distances.
- Bustling shopping markets and hubs provide daily needs.
What is not Good about Jumeraat Bazaar?
- Traffic congestion during peak hours on main roads.
- Lack of wider roads within the locale.
- Scarcity of open or green spaces within the clustered area.
- Absence of major entertainment zones or restaurants nearby.
- Requirement of better stormwater drainage system.
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