Hyderabad is known as a city of pearls, it is popular for its IT industry and best academic institutions. Hyderabad has become a center for many scholars, business executives, and salaried workers. The capital of Telangana offers fine weather, outstanding offices, yummy street food, a global lifestyle, and lively nightspots to all the residents. In this blog, we will find the best affordable areas to live in Hyderabad 2023.
Budget-friendly house for rent in Hyderabad
1. East Hyderabad: Uppal
Located in east Hyderabad, Uppal is renowned for hosting the National Geophysical Research Institute and serving as a popular IT hub. The area enjoys flawless connectivity with other homely localities, such as Pocharam (13 km) and Tarnaka (6 km).
Uppal is a perfect choice for working-class and privileged-class students and single persons hunting for big and independent homes away from the chaos of city life. It has its own Uppal Metro Station and the nearest railway station, Kachiguda, is just 10 km away.
Social facilities in Uppal:
2. Tinsel Town or Jubilee Hills
Jubilee Hills, situated between Hyderabad's IT hub HITEC City and Banjara Hills, is a highly sought-after residential and commercial locality in Hyderabad. It is commonly referred to as Tinsel Town or Tollywood and is home to several renowned Telugu film stars. The area's high-end infrastructure makes it a popular choice among young salaried professionals and their families. Wide roads lined with tall trees provide easy connectivity to other parts of Hyderabad.
Social facilities in Jubilee Hills:
3. South Hyderabad Shamshabad
Shamshabad in South Hyderabad is a preferred location for rentals due to its proximity to Rajiv Gandhi International Airport and major highways. It's popular among students and young professionals for its renowned educational institutions. Upcoming metro and IT parks make it an attractive investment destination.
Social facilities in Shamshabad:
4. North of Hussain Sagar Lake: Begumpet
Begumpet, named after the daughter of the 6th Nizam of Hyderabad, is situated north of Hussain Sagar Lake and is home to the Begumpet Airport, primarily used for training and chartered flights. With its wide and well-maintained roads, surrounded by lush greenery, Begumpet has become a crucial commercial and residential area, hosting various multinational corporations and government offices. The locality is known for its serene and tranquil atmosphere.
Social facilities in Begumpet:
5. Close to commercial Hubs: Manikonda
Manikonda, located near the commercial hubs of Hyderabad, is famous for the Lanco Hills Tech Park. It offers excellent connectivity to Rajiv Gandhi International Airport and NH-4, 7, and 9, positioned between Telecom Nagar and Outer Ring Road. The Telangana Government-backed Lanco Hills Tech Park in Manikonda has a built-up area of 7.85 million sq. ft., consisting of both SEZ and non-SEZ zones. In addition, Manikonda has also witnessed significant growth in social infrastructure, providing a signal-free road to the International Airport.
Social facilities in Manikonda:
6. An Employment Hub: Madhapur
Madhapur is a highly sought-after and affordable locality to live in Hyderabad, offering excellent infrastructure and various useful facilities at reasonable property prices. It's an ideal choice for families seeking rental apartments in Hyderabad. Madhapur has the added advantage of being located near numerous software companies, making it an ideal location for working professionals.
Social facilities in Madhapur:
7. Best in rentals: Kondapur
Kondapur is a popular residential hub located between HITECH City and Gachibowli in Hyderabad. It offers a variety of affordable rental houses in Hyderabad, making it an attractive choice for tenants. Kondapur is also home to corporate offices of several well-known companies, such as Google, which is a major advantage for professionals. The locality is surrounded by other residential areas such as Vinayaka Nagar, Kothaguda, and Shilpa Layout.
Social facilities in Kondapur:
For those planning to relocate to Hyderabad for work or studies, the list mentioned above can be a useful guide to finding affordable localities. It's essential to consider one's budget and monthly expenses before finalizing a rental property.
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