If you want to stay in an elite and up market location in Hyderabad, then Banjara Hills is an ideal location for you.
Hyderabad is one of the leading cities of the country and has been classified as the best city to live in by quite a few organizations. Real estate in the city is picking up after the political turmoil was sorted. Of all the neighbourhoods in the city, Banjara Hills is counted among the elite ones. It is located close to Jubilee Hills and has a dense forest cover. The area has developed in the recent past and has several roads, numbered between 1 and 14.
Along with Jubilee Hills, Banjara Hills is the most prestigious area to live in Hyderabad. Real estate in Banjara Hills is worth Rs 96,000 crores almost which is equivalent to $20 million almost. The Banjara Lake is also situated here.
Banjara Hills is a commercial centre where several renowned hotels (Taj Banjara and Deccan) are located. A host of malls like the Alcazar Plaza, Ashoka Metropolitan Mall and City Centre are located here. The Laxmi Cyber Centre is the tallest building in the neighbourhood. Most of the business centres in the area are located between Road 1 and 3. The Jalagam Vengal Rao Park is situated here which has its own charm and beauty. There are several educational institutes in the area such as Sultan-ul-Uloom Educational Society and Muffakham Jah College of Engineering and Technology are located here. The area has several cultural and relaxation centres. Hospitals in the neighbourhood include Star Hospitals, Care Hospitals, Omega and Basavataravakam Indo American Cancer Hospital.
Banjara Hills is well connected to different parts of Hyderabad like Dilkhushnagar and Ghatkesar through the TSRTC buses. Traffic congestion in the area has reduced thanks to the flyovers. The nearest MMTS Railway Station is in Khairtabad. The Hyderabad Deccan Railway Station is only 5 kilometres from Banjara Hills and can be reached through Inner Ring Road. The Rajiv Gandhi International Airport in Shamshabad is 31.3 kilometres away. It can be reached through the Hyderabad Elevated Expressway and NH7.
Banjara Hills comprises of several upscale localities like Masab Tank, Naveen Nagar, Srinagar Colony, Errammanzil Colony, Tolichowki, Somajiguda and Panjagutta.
Flats for sale in Banjara Hills, Hyderabad are mostly under construction although there are a few ready to move in apartments. The prices of Flats for sale in Banjara Hills, Hyderabad range from Rs 7500 to 10000 per sq ft. Most of the flats are 3 and 4BHK in configuration and they measure between 1500 and 3500 per sq ft. The starting price of Flats for sale in Banjara Hills, Hyderabad is Rs 1.5 crore. The starting price of 2BHK flats is Rs 50 lakh.
Those with deep pockets should not miss out on the opportunity to invest in Banjara Hills. The area has lush green cover, well-placed civic and social amenities and good connectivity with the rest of the city. The prices of property in the area are increasing by leaps and bounds. The area is well connected to Hitech City which is o
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