Indian Real Estate

5 Best and Affordable Locations in Hyderabad in 2024


30, January 2026

The Buzzing metropolis of Hyderabad's expansion has evolved to be unstoppable, and also bleeding into its neighbourhood. From the amiable historical compliance to the buzz of urban solace, Hyderabad has options to offer to everyone. If you are out on a scout of the city to identify the best affordable locations in Hyderabad, city, then look no further, let's take a look at the most affordable locations in Hyderabad that don't punch a massive hole in your pocket.

Here is a list of 5 Best Affordable Locations in Hyderabad.

  1. Uppal

Uppal is located on the Eastern outskirts of Hyderabad City. Uppal is a popular housing location for the National Geophysical Research Institute and also for its best affordable locations. This location, while being a significant IT hub offers great connectivity to the residential avenue such as Tarnaka and Pocharam.

One of the significant features of Uppal with its welcoming ambiance predominantly among young professionals and students. Numerous residential projects in the vicinity lean towards catering bachelors, making Uppal location a prime choice for budget-friendly accommodations in Hyderabad city.

Rent for 1,2,3 BHKs

1 BHK

INR 6,000 - INR 15,000

2 BHK

INR 10, 000 - INR 25, 000

3 BHK

INR 15,000 - INR 30, 000

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2. Somajiguda

Located in the heart of Hyderabad city, and also houses for RAJBHAVAN Residence of the President of Telangana and Andra Pradesh. SomajiGuda is popular for its breathtaking serene ambience.

Earlier was famous for its quiet surroundings, SomajiGuda has transformed into a buzzing commercial hotspot. Despite SomaGuda's real estate explosion in the commercial domain yet offers the most affordable locations in Hyderabad, residential outfits, when compared to the sophisticated neighbourhood.

Even more intriguing facts about the location, packed with jewellery shops, with an astounding 30 outlets spread within half a kilo-meter stretch.

Rent for 1,2,3 BHKs

1 BHK

INR 15,000 - INR 25,000

2 BHK

INR 25, 000 - INR 40, 000

3 BHK

INR 35,000 - INR 50, 000

Note: These numbers are arbitrary and are subject to changes with real estate market fluctuation. The rent also varies based on the property's location, size, and amenities the property has to offer.

  1. Miyapur

Miyapur, once a rural location with a limited population, has transformed into an economically sustained location in Hyderabad City. Situated 14 miles from the heart of the city. The Hyderabad Metro Rail Network coverage has notably enhanced connectivity, helping people commute via the city's metro, within the city.

The Phenomenal Metro's connectivity has positioned the city's western sector, Miyapura, as a favourite location of people of the city, moreover, Miyapura has also turned into one of the best and most affordable residential locations in Hyderabad with budget-friendly housing options, ideal for people in pursuit of reasonably priced rentable accommodation.

Rent for 1,2,3 BHKs

1 BHK

INR 13,200 - INR 18,900

2 BHK

INR 22,000 - INR 32,000

3 BHK

INR 30,000 - INR 40, 000

Note: These numbers are arbitrary and are subject to changes with real estate market fluctuation. The rent also varies based on the property's location, size, and amenities it has to offer.

  1. Begumpet

Begumpet is located north of Hussain Sagar Lake in the Spectacular location of Begumpet. The location's name is a contribution to Basheer Unnia Begum daughter of Nizam.

Begumpet falls into a prime location due to the presence of leisure spots, eateries, and numerous office spaces occupying the location's space, due to reasonable and affordable rental costs.

Begumpet Centrally located in both commercial and residential aspects, once was the site of the city's old airport. Begumpet flaunts a diverse range of accommodations, ranging from vintage to independent, modern homes sophisticated apartments, and commercial complexes. This blend of history, culture and convenience ensures a reasonable compensation for the money invested on the property.

Rent for 1,2,3 BHKs

1 BHK

INR 12,000 - INR 25,000

2 BHK

INR 18,000 - INR 35,000

3 BHK

INR 25,000 - INR 50, 000

Note: These numbers are arbitrary and are subject to changes with real estate market fluctuation. The rent also varies based on the property's location, size, and amenities it has to offer.

5. Ameerpet

Situated to the North of the City, Ameerpet is an is one of the most affordable locations in Hyderabad and is a layman's heaven. Especially, college students, and young professionals in the earlier days of their careers. Ameerpet with excellent connectivity to other areas of the city, such as - Banjara Hills and Begumpet, etc... has become everyone's favourite.

Ameerpet has evolved as an educational crux of Hyderabad City, it flaunts the availability of a plethora of software training institutes. This prominence makes it seemingly the most preferable location for the IT professionals opting to monetize on the accommodation by pooling their flats with their friends or colleagues.

As a buzzing commercial and educational epicentre, Ameerpet's dense population is complemented by its array of budget-friendly living possibilities, affordable housing schemes - modi-scheme

Rent for 1,2,3 BHKs

1 BHK

INR 6,500 to INR 20,000

2 BHK

INR 12,000 - INR 30,000

3 BHK

INR 18,000 - INR 50, 000

Note:

  • These numbers are arbitrary and are subject to changes with real estate market fluctuation. The rent also varies based on the property's location, size, and amenities it has to offer.

Bonus Places:

Nagole: Nagole has rapidly evolved from a suburban outpost to a popular residential area in Hyderabad. Its strategic location, combined with excellent connections, has made it a popular choice for homebuyers seeking affordable yet promising solutions. The neighborhood has a thriving social infrastructure, with schools, hospitals, shopping malls, and recreational facilities opening to serve the rising population. Furthermore, Nagole's proximity to major IT hubs such as Hitec City and Gachibowli makes it an appealing alternative for professionals looking to balance their jobs and personal lives. The surge of new residential developments and continuous development initiatives have contributed to Nagole's growing appeal, making it an excellent alternative for individuals wishing to invest in real estate or find a suitable house at a reasonable price.

Quthbullapur: Quthbullapur has developed as a potential residential destination in Hyderabad, luring purchasers looking for economical but decent living spaces. As a developing community, it provides a unique blend of tranquillity and growth potential. With increased infrastructural development and enhanced connectivity, Quthbullapur is quickly becoming a desirable area. The area offers a variety of housing alternatives, ranging from low-cost flats to single-family homes, to meet the different needs of buyers. Furthermore, the presence of educational institutions, healthcare facilities, and shopping malls improves the general livability of the community. Quthbullapur offers an appealing prospect for individuals wishing to invest in real estate or locate a calm place to live.

Tolichowki: Tolichowki, a thriving Hyderabad suburb, presents an appealing option for purchasers seeking a blend of cost and urban convenience. This mixed-use neighborhood serves a diverse population and accommodates a variety of lifestyles. While it has a strong business presence, it also offers a variety of housing alternatives in residential areas, making it an appealing choice for people looking for low-cost accommodation. Tolichowki's strategic position offers easy access to other regions of the city, making it an ideal choice for both professionals and families. With its increasing infrastructure and growing appeal, Tolichowki is becoming a popular investment destination in Hyderabad's real estate market.

Secunderabad: Secunderabad, Hyderabad's bustling twin city, provides a varied range of residential alternatives, including some affordable neighborhoods. It is one of the city's oldest neighborhoods, with a rich history and well-established infrastructure. While it shares the spotlight with the nearby city of Hyderabad, Secunderabad keeps its unique character and provides a more affordable living experience. Secunderabad has something for everyone, from bustling business sections to peaceful residential enclaves. Its proximity to major employment centers, educational institutions, and transportation networks makes it a popular choice for families and young people looking for a good mix of cost and convenience.

L.B. Nagar: L.B. Nagar represents Hyderabad's growth. It's a well-established community with a perfect blend of classic charm and modern comforts. The neighborhood is a mosaic of old, independent residences with spacious courtyards, indicative of the city's history. These dwellings have a distinct character and a sense of community. Coexisting with this old-world beauty are contemporary residences and gated communities designed to meet the demands of modern families. The combination of architectural styles lends L.B. Nagar its particular individuality. Because of its strategic position and rich history, the area is a popular residential destination for individuals looking for a mix of heritage and contemporary living.

Conclusion:

Hyderabad is one of the fastest growing cities in India, also emerging as an IT substitute in India after Bangalore. With its increasing demand for housing and commercial properties with increasing population rates in Hyderabad city.

Hyderabad ranks as the third liveable city among other metropolitan cities in India. IT giants such as Infosys and Microsoft have moved their Head offices to Hyderabad City. In-turn increases people migrating to the city conversely, increases the real estate housing properties demands.

Reference Links:

1. Inshight into AP RERA

2. How to Check Property's Construction Quality

3. Best Negotiation Tips

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