South Hyderabad
Pincode- 500010
Srilaxmi Nagar is a quiet residential sub-locality in Alwal, Hyderabad. The PIN code for Srilaxmi Nagar is 500010. It is near Father Balaiah Nagar, Tirumala Enclave, and Old Alwal. This family-friendly neighborhood is located near the historic Alwal Cheruvu and provides a peaceful lifestyle with easy access to St. Ann’s High School, LifeSpring Maternity Hospital and L V Prasad Eye Institute (LPVEI). Residents frequent nearby Mini GHMC Park for jogging. Alwal Railway Station is within 1.5 km. Major roads like the Old Alwal Road and Siddipet Road connect the area to different parts of the city. Secunderabad Junction is around 10 km away. In 2026, property rates in Srilaxmi Nagar range from Rs. 6,500 to Rs. 9,000 per sq. ft., for 1-3 BHK apartments. Demand for independent houses and builder floors remains high.
The locality is good, but transport options inside are limited, so having a bike is important. Roads are okay, but some lanes are narrow.
Srilaxmi Nagar feels safe even at night, and there are many families around. Mini GHMC Park is well-maintained and perfect for evening walks. Hospitals like LifeSpring and LV Prasad Eye Institute are nearby, which gives peace of mind. It’s a peaceful area.
I see good long-term potential in Srilaxmi Nagar because of its residential appeal. Areas near Alwal Cheruvu always attract families looking for quieter surroundings. Social infrastructure like schools and hospitals is already well-developed.
I own a flat here and have rented it out for a few years. Tenants usually like the calm surroundings and access to basic facilities. But some mention limited public transport and distance from metro. Overall, feedback is mixed but mostly positive.
Srilaxmi Nagar is calm and mostly residential, which I prefer after long office hours. Alwal railway station is close, so local travel is manageable. There are enough kirana stores and small food places around. Overall, it’s a comfortable place if you don’t want city chaos.
The locality is good, but transport options inside are limited, so having a bike is important. Roads are okay, but some lanes are narrow.
Srilaxmi Nagar feels safe even at night, and there are many families around. Mini GHMC Park is well-maintained and perfect for evening walks. Hospitals like LifeSpring and LV Prasad Eye Institute are nearby, which gives peace of mind. It’s a peaceful area.
I see good long-term potential in Srilaxmi Nagar because of its residential appeal. Areas near Alwal Cheruvu always attract families looking for quieter surroundings. Social infrastructure like schools and hospitals is already well-developed.
I own a flat here and have rented it out for a few years. Tenants usually like the calm surroundings and access to basic facilities. But some mention limited public transport and distance from metro. Overall, feedback is mixed but mostly positive.
Alwal main road is close by, making the daily office trip toward Secunderabad easy. Buses and shared autos are regular on the main line. Jams occur under the junction signal in the evening, but commute is sorted.
House rents are cheap for middle class families here. Basic grocery stores and vegetable vendors are right outside the lane gates. Water is supplied only for 2 hours every alternate morning.
Walking is tough inside the colony lines because cars park randomly on both sides. Footpaths are completely missing. Streetlights don't work properly in some patches, making it dark after 7 PM.
Decent budget rooms available for students or bachelors sharing floors. Plenty of cheap food joints, tea stalls, and fast food counters around the main road loops. Vibe is very safe and peaceful.
Local housing colony residents give steady retail business. GHMC garbage van comes regularly every morning. The only problem is limited parking space for customer vehicles on narrow lines.
Living here is very peaceful as the inner layout is away from the main highway rush. Municipal water lines work fine and pressure is good. Basic clinics and medical stores are just a short walk away.
Very clean and secure atmosphere for families. Primary schools are within walking distance, saving travel times. The main market area has everything needed for the house within 1 km.
I travel here to visit relatives frequently. The layout lanes are narrow and car parking on the roadside is a big nightmare. Autos overcharge if you don't book through mobile apps.
Good appreciation value for independent plots in this residential pocket. Steady rental demand from working class families. Basic drainage and lines are in place and working okay.
The area is growing too crowded now and losing its quiet charm. Too many vehicles are parked on the streets. Dust from active block works nearby is increasing and groundwater levels are dropping.
| Srilaxmi Nagar, Alwal | ||
| Overall Locality Rating | ||
| Road Condition | ||
| Proximity to Schools & Hospitals | ||
| Traffic Congestion | ||
| 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 | 7 properties available for sale and 2 properties available for rent |
Source: allevents.in
Srilaxmi Nagar property prices currently range from Rs. 6,500 to Rs. 9,000 per sq ft, marking it as a premium residential pocket within Alwal. Average monthly rentals for a 2 BHK unit stand at Rs. 15,000. The locality has maintained a robust 7.2% YoY growth. This appreciation is largely driven by its proximity to the Suchitra-Kompally commercial stretch and the Army-HMDA Urban Forest. Ongoing road widening projects and the expansion of Pallavi Model School have further boosted investor interest.
As of May 2026, the rental price for serviced apartments ranges from Rs. 8,500 to Rs. 35,000, which can go higher, depending on the property type and location.
|
Configuration |
Monthly Average Rental Rate* |
|
1 BHK |
Rs. 8,500 to Rs. 12,000 |
|
2 BHK |
Rs. 15,000 to Rs. 22,000 |
|
3 BHK |
Rs. 25,000 to Rs. 35,000 |
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Change: -
count
price
7 Properties Available
2 Properties Available
Home Cleaning
Packers & Movers
Painting
Rental Agreement
Pay Rent
2 BHK
FULLY FURNISHED
Independent House, Old Alwal, near Zilla Parishad High School, Secunderabad, hyderabad
Rent: ₹ 15,000
1 BHK
NOT FURNISHED
Independent House, Old alwal rd ,Jai Jawahar Nagar near Ratnadeep Supermarket, Alwal, hyderabad
Rent: ₹ 9,500
Srilaxmi Nagar is a residential colony situated in Alwal, Hyderabad, bearing the pincode 500010. It is located near the Old Alwal area, adjacent to Kistamma Enclave and Anand Rao Nagar, providing easy access to the Secunderabad-Medchal highway stretch.
Yes, it is a highly secure, family-friendly locality with disciplined surroundings and active community surveillance systems.
As of May 2026, Geetha Nagar Colony property rates range between Rs. 6,500 to Rs. 9,000 per square feet.
Srilaxmi Nagar Alwal PIN Code is 500010.
Yes, schools like St. Joseph’s and Pallavi Model School are within walking distance.
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Srilaxmi Nagar is calm and mostly residential, which I prefer after long office hours. Alwal railway station is close, so local travel is manageable. There are enough kirana stores and small food places around. Overall, it’s a comfortable place if you don’t want city chaos.
The locality is good, but transport options inside are limited, so having a bike is important. Roads are okay, but some lanes are narrow.
Srilaxmi Nagar feels safe even at night, and there are many families around. Mini GHMC Park is well-maintained and perfect for evening walks. Hospitals like LifeSpring and LV Prasad Eye Institute are nearby, which gives peace of mind. It’s a peaceful area.
I see good long-term potential in Srilaxmi Nagar because of its residential appeal. Areas near Alwal Cheruvu always attract families looking for quieter surroundings. Social infrastructure like schools and hospitals is already well-developed.
I own a flat here and have rented it out for a few years. Tenants usually like the calm surroundings and access to basic facilities. But some mention limited public transport and distance from metro. Overall, feedback is mixed but mostly positive.
Srilaxmi Nagar is calm and mostly residential, which I prefer after long office hours. Alwal railway station is close, so local travel is manageable. There are enough kirana stores and small food places around. Overall, it’s a comfortable place if you don’t want city chaos.
The locality is good, but transport options inside are limited, so having a bike is important. Roads are okay, but some lanes are narrow.
Srilaxmi Nagar feels safe even at night, and there are many families around. Mini GHMC Park is well-maintained and perfect for evening walks. Hospitals like LifeSpring and LV Prasad Eye Institute are nearby, which gives peace of mind. It’s a peaceful area.
I see good long-term potential in Srilaxmi Nagar because of its residential appeal. Areas near Alwal Cheruvu always attract families looking for quieter surroundings. Social infrastructure like schools and hospitals is already well-developed.
I own a flat here and have rented it out for a few years. Tenants usually like the calm surroundings and access to basic facilities. But some mention limited public transport and distance from metro. Overall, feedback is mixed but mostly positive.
Alwal main road is close by, making the daily office trip toward Secunderabad easy. Buses and shared autos are regular on the main line. Jams occur under the junction signal in the evening, but commute is sorted.
House rents are cheap for middle class families here. Basic grocery stores and vegetable vendors are right outside the lane gates. Water is supplied only for 2 hours every alternate morning.
Walking is tough inside the colony lines because cars park randomly on both sides. Footpaths are completely missing. Streetlights don't work properly in some patches, making it dark after 7 PM.
Decent budget rooms available for students or bachelors sharing floors. Plenty of cheap food joints, tea stalls, and fast food counters around the main road loops. Vibe is very safe and peaceful.
Local housing colony residents give steady retail business. GHMC garbage van comes regularly every morning. The only problem is limited parking space for customer vehicles on narrow lines.
Living here is very peaceful as the inner layout is away from the main highway rush. Municipal water lines work fine and pressure is good. Basic clinics and medical stores are just a short walk away.
Very clean and secure atmosphere for families. Primary schools are within walking distance, saving travel times. The main market area has everything needed for the house within 1 km.
I travel here to visit relatives frequently. The layout lanes are narrow and car parking on the roadside is a big nightmare. Autos overcharge if you don't book through mobile apps.
Good appreciation value for independent plots in this residential pocket. Steady rental demand from working class families. Basic drainage and lines are in place and working okay.
The area is growing too crowded now and losing its quiet charm. Too many vehicles are parked on the streets. Dust from active block works nearby is increasing and groundwater levels are dropping.
Kukatpally 
Srilaxmi Nagar is calm and mostly residential, which I prefer after long office hours. Alwal railway station is close, so local travel is manageable. There are enough kirana stores and small food places around. Overall, it’s a comfortable place if you don’t want city chaos.