Hyderabad: Rise in land prices in last 2 years may surprise you

Hyderabad: In the last two years, Hyderabad witnessed a drastic rise in land prices. In some areas, it increased by 100%.

According to the report published in Times of India, the cost of land is highest in Banjara Hills and Jubilee Hills. However, the increase in land prices in these areas are slow due to no availability of big plots.

Mr. Veera Babu, managing director, Cushman & Wakefield (Hyderabad) said that stable government and growth in commercial and residential sectors are some of the reasons for the increase in land prices.

Here is the list of areas where the price of land increased drastically

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AreaPrice two years ago (in crore per acre) Current price (in crore per acre)
Patancheru3.57
Miyapur1429
Raidurg2849
Bachupally3.56
Kukatpally3158
Kompally1426
Pocharam24
Medchal24.2
Puppalguda1832
Kollur48
Ameenpur4.58
Tellapur48
Nanakramguda2338
Uppal1018
Kokapet1830
Banjara Hills, Jubilee Hills and CBD5886

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