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Prasanth Nagar, Hyderabad

Hyderabad South East

Pincode- 500039

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About Prasanth Nagar

Prashanth Nagar is located in the western part of Hyderabad. It lies close to popular areas like Srinivasa Colony, Sathya Nagar and Survey Colony. Prashanth Nagar Hyderabad is home to upper middle and affluent class residents working in white collar jobs. Professionals from IT, pharmaceutical and corporate sectors mostly inhabit this locality. The area has two different pin codes, depending on the specific location within the locality. Prasanth Nagar pin code near Miyapur is 500049 and the other code near Amberpet is 500036.

Prasanth Nagar Reviews and Ratings

3.3

Food

3.3 out of 5

3.6

Parks

3.6 out of 5

3.6

Roads

3.6 out of 5

4

Safety

4 out of 5

3.6

Markets

3.6 out of 5

3.9

Parking

3.9 out of 5

3.8

Schools

3.8 out of 5

4

Traffic

4 out of 5

3.8

Hospitals

3.8 out of 5

3.6

Transport

3.6 out of 5

3.6

Cleanliness

3.6 out of 5

3.9

Neighborhood

3.9 out of 5

It's a well-established neighborhood and I enjoy living here with my family. There are minor issues like drain blockage and heavy traffic on main roads but that's manageable.

Love the peaceful environment. The locality feels mostly residential and safe, especially for families. But the roads in some parts of the colony are narrow and often get congested during peak office hours.

The area lacks premium residential buildings and apartments. It's all traditional and buildings are old. It's peaceful and property rates are still affordable but some redevelopment could help develop the livability I feel

The area is cheap and close to my office but I wish there were good malls and cafes within the area. Lulu Mall is 8 km from here and even cinema halls are far. It's too quiet for my liking.

Not ideal if you're looking for fast appreciation or quick ROI. I have a property here which I have rented out and demand has been steady for a while although vacany rates have increased due to lack of modern amenities and public transport. Miyapur metro is around 4-5 km from here but bus stops are limited.

Whats good about Prasanth Nagar

  • Vast employment opportunities near major hubs like Hitech City, Gachibowli and Kondapur.
  • Excellent social and civic infrastructure with top schools, hospitals and amenities.
  • Well-connected through the ORR and metro providing easy commutes.
  • Abundant retail options with malls, supermarkets and local vendor zones.
  • Surrounded by scenic parks and lakes like Hussain Sagar for recreation.

What can be improved about Prasanth Nagar

While the infrastructure is well-developed, some aspects need further focus.

  • Traffic congestion at key junctions during peak hours.
  • Lack of dedicated cycling/walking tracks in certain patches.
  • Scarcity of budget housing options for buyers on a tight budget.
  • Insufficient parking in some group housing colonies.
  • Stray animal menace and preserve the city's greenery further.
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Prasanth Nagar Map

Prasanth Nagar Infrastructure

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Physical Infrastructure of Prasanth Nagar

Prashanth Nagar infrastructure is well-supported by various physical infrastructure projects like roads and public transit systems. 

Road Connectivity

It is located very close to roads and highways, like:

  • Inner Ring Road 
  • NH163 
  • Nizampet-Miyapur Road
  • Gachibowli-Miyapur Road
  • Bollaram Road
  • Kukatpally

Public Transport 

The area is also well-served by public transport facilities with the nearest metro station and bus stops, namely:

  • Miyapur metro station, 4.2 km
  • Miyapur bus stop

Proximity to Railway Station and Airport

The nearest railway station and airport are:

  • Chandanagar Railway Station: 4.8 km
  • Begumpet Airport is 18 km 
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Social and Retail Infrastructure of Prasanth Nagar

Prashanth Nagar is well equipped with social infrastructure and retail establishments that meet the needs of residents. 

Schools and Colleges in Prasanth Nagar

Some of the top schools and colleges located in the vicinity include:

  • Baby's High School
  • Kendriya Vidyalaya 
  • St. Mark’s High School
  • Greenfield College 
  • Little Flower Junior College

Hospitals and Medical Facilities in Prasanth Nagar

For healthcare, renowned hospitals such as 

  • Uppal Hospital 
  • TX Hospitals Uppal 

Shopping Outlets in Prasanth Nagar

Retail and entertainment options are plentiful with large format malls like: 

  • Sree Hemadurga Mall
  • Sagar shopping mall 
  • CMR Shopping Mall
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Sub localities of Prasanth Nagar

Being a large residential neighbourhood, Prashanth Nagar comprises several well-established sub-localities and colonies. Some popular areas near Prashanth Nagar includes-

  • Srinivasa Colony 
  • Sathya Nagar 
  • Survey Colony
  • Brindavan Colony
  • Beerappagadda
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Top Employment Hubs in Prasanth Nagar

Prashanth Nagar is located in close proximity to some of the major employment hubs of Hyderabad. Some of the top employment hubs near Prashanth Nagar are-

  • M2 Tech Hub- 2 Km
  • Hitech City – 25 Km 
  • Regus Uppal – 1.4 Km 
  • CDC towers- 3.9 Km

Localities near by Prasanth Nagar

East Marredpally Tukaram Gate Malkajgiri Tarnaka Mettuguda

Nearby Locality Comparison

East Marredpally
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Tukaram Gate
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Malkajgiri
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Tarnaka
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Mettuguda
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Prasanth Nagar
Overall Locality Rating
3
Road Condition
3.1
Proximity to Schools & Hospitals
3.8
Traffic Congestion
3.8
Property Price Range N/A
Growth in Property Prices (3 Yrs) N/A
Rent Price Range N/A
Growth in Rent Prices (3 Yrs) N/A
Total Properties Available 25 properties available for sale and 24 properties available for rent
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Situated In Hyderabad South East

Velimela Gollapally Ilapur Road Narsampally Kandlakoya Asmangadh Chinthal Rayannaguda Mallapur Ambedkar Nagar Begum Bazar Marri Pally Mantrikunta Ramoji Film City Gopal Nagar Kardanur raji reddy nagar Mettakanigudem Peerzadiguda Bollaram Industrial Area

Top Things to do in Prasanth Nagar

Being centrally located in Hyderabad, Prashanth Nagar provides residents with easy access to some of the top landmarks and attractions in the city. From parks and entertainment hubs to historic sites and spiritual places, there is a lot one can explore in the vicinity. Following are the top things to do near Prashanth Nagar are-

  • Start your day at the vast expanse of Hussain Sagar lake, perfect for an invigorating morning walk with scenic views. 
  • Walk along the charming Tank Bund promenade in the evenings seeing citizens immerse themselves in festivities and cultural performances. 
  • History buffs must head to the majestic Golconda Fort for a glimpse into our rich heritage. 
  • Nature lovers should plan a weekend at Nehru Zoological Park where one can spend hours spotting diverse flora and fauna. 
  • Religious souls will find inner peace at the Birla Mandir known for its architectural splendour. With so many top attractions located in close proximity, residents of Prashanth Nagar can make the most of leisure after work and stay entertained all year round without having to travel far.
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Property Price trends in Prasanth Nagar

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Real Estate Market Trends and the Rental Demand in Prasanth Nagar

Prashanth Nagar property rates have been witnessing upward price momentum over the last few years. Being a well-established residential and business locale with extensive physical and social infrastructure development, the area is quite sought-after by homebuyers. Proximity to IT/ITeS hubs and excellent connectivity has boosted both end-user and investment demand. The rental market is also on the rise with tenants willing to pay a premium for completed apartments given to the scarcity. With several new projects in the planning pipeline, realtors expect the appreciation and rental uptrend to continue in the near future.

The Prasanth Nagar property rates showcase a diverse range of options to suit various budgets. The average property price currently ranges from Rs. 980 to Rs. 7,576 per square foot.

Locality

Property Price per sq ft*

Prasanth Nagar

Rs. 980 to Rs. 7,576

Prasanth Nagar has remained a profitable investment destination due to several reasons.

  • The property prices have remained stable in the past three years.
  • Affordable land and property prices compared to key areas like Habsiguda
  • Strong social infrastructure with top schools, colleges, hospitals, and malls nearby
  • Steady appreciation and strong rental demand from working professionals
  • Peaceful residential area with less noise and more greenery.
Price/Sq.ft:

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25 Properties Available

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Rent

24 Properties Available

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Recommended Properties to BUY in Prasanth Nagar

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1 BHK

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location Created with Sketch Beta. Independent House, Pream Vijay Nagar Colony near D.M Super Speciality Hospital, Malkajgiri, hyderabad

Price: ₹ 58lac

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2 BHK

SEMI FURNISHED

location Created with Sketch Beta. BESIDE DURGAMATHA TEMPLE , Malkajgiri, hyderabad

Price: ₹ 45lac

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3 BHK

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location Created with Sketch Beta. Prasanth Nagar, Moula Ali, Secunderabad, Hyderabad, Telangana 500040 , Prasanth Nagar, Malkajgiri, hyderabad

Price: ₹ 25lac

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3 BHK

SEMI FURNISHED

location Created with Sketch Beta. Prashanth Nagar, 10-345/2, SR Enclave, Prasanth Nagar, Malkajgiri, Hyderabad, Secunderabad, Telangana 500040, India, hyderabad

Price: ₹ 40lac

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2 BHK

FULLY FURNISHED

location Created with Sketch Beta. Sai Mitra Estates Vasanthapuri Colony, Amberpet, hyderabad

Price: ₹ 67.50lac

Prasanth Nagar Handbooks

icon Kidzee Tarnaka

H. No. : 12-13-806, Street, No.1, Lane Number 2, Kimtee Colony, Tarnaka, Hyderabad, Telangana 500017

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icon Greater Hyderabad Municipal Corporation - New Kapra Muncipality Office

ECIL Main Rd, DAE Housing Colony, Moula Ali, Secunderabad, Telangana 500062

Call

icon RTO Nagole

New Nagole Main Rd, Adarsh Nagar Colony, Nagole, Hyderabad, Telangana 500068

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icon Lalapet Post Office

Lalapet, Tarnaka, Secunderabad, Telangana 500017

Call

icon Mee Seva Center

Prince corner lane, opposite padmaja hospital, beside new bus stand, Medikuntapally, Bhuvanagiri, Telangana 508116

Call

icon Malkajgiri fire station

Nacharam - Mallapur Rd, Durga Nagar, Nacharam, Secunderabad, Telangana 500076

Call

icon Malkajgiri Police Station

Mahankali Temple Rd, next to Bus Stop, Old Malkajgiri, NR Nagar, Malkajgiri, Secunderabad, Telangana 500047

Call

icon Sri Hanuman Kirana General Store

Shop No.12, 10-288/4/1/A, Vasanthapuri Colony, Durga Nagar, Malkajgiri, Medchal, Secunderabad, Telangana 500047

Call

Prasanth Nagar Discussion

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Frequently asked Questions

What is the pin code in this area?

Prashanth Nagar PIN code is 500039.

How is the law and order situation and security in Prashanth Nagar?

Prashanth Nagar enjoys a very good security environment due to its proximity to police stations. Apart from regular police patrolling, most societies have 24x7 security personnel and CCTV surveillance. Gated communities and apartments complexes follow strict access control. While occasional petty crimes have been reported, the overall law and order is maintained well due to proactive policing.

Is there availability of rental housing options for working professionals?

Yes, there is a good supply of rental housing options for working professionals in Prashanth Nagar, ranging from 1BHK to 3BHK apartments starting from Rs. 10,000-15,000 per month. Furnished independent floors can be rented for Rs. 20,000-30,000 depending on size and amenities. Several local property agents can assist with quality rental listings.

How will be the capital appreciation over the next 5 years for properties in this location?

As per real estate analysts and market forecasts, properties in Prashanth Nagar can appreciate 10-15% in value every year over the next 5 years, given the sustained infrastructure development and demand drivers. Being a popular pocket for end-users as well as investors, capital values here are projected to continue the rising trend compared to the single-digit growth city average.

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Prasanth Nagar Reviews

It's a well-established neighborhood and I enjoy living here with my family. There are minor issues like drain blockage and heavy traffic on main roads but that's manageable.

Love the peaceful environment. The locality feels mostly residential and safe, especially for families. But the roads in some parts of the colony are narrow and often get congested during peak office hours.

The area lacks premium residential buildings and apartments. It's all traditional and buildings are old. It's peaceful and property rates are still affordable but some redevelopment could help develop the livability I feel

The area is cheap and close to my office but I wish there were good malls and cafes within the area. Lulu Mall is 8 km from here and even cinema halls are far. It's too quiet for my liking.

Not ideal if you're looking for fast appreciation or quick ROI. I have a property here which I have rented out and demand has been steady for a while although vacany rates have increased due to lack of modern amenities and public transport. Miyapur metro is around 4-5 km from here but bus stops are limited.

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