Property Rates in Gun Foundry, Hyderabad

Property prices in Gun Foundry, Hyderabad, have shown a consistent upward trend. From ₹9,050 per sq ft in June 2025, the average location rate increased to ₹14,200 per sq ft by September 2025, further rising to ₹15,650 per sq ft in December 2025, and reaching ₹16,700 per sq ft as of March 2026. This steady appreciation suggests increasing demand and market confidence in the area.

As of March 2026, the average asking price in Gun Foundry, Hyderabad, is ₹16,700 per sq ft, while the Government Registration Rate is ₹5,000 per sq ft. This significant difference highlights the premium at which properties are being listed compared to the government-assessed value, which is common in active real estate markets.

Property prices vary significantly across micromarkets near Gun Foundry. For instance, Somajiguda, a nearby locality, has a considerably higher average rate of ₹18,800 per sq ft, appreciating by 5.42% as of March 2026. In contrast, Malakpet and New Nallakunta show lower average rates at ₹5,250 per sq ft and ₹5,550 per sq ft respectively, with New Nallakunta appreciating by 5.86%.

As of March 2026, the average asking price for apartments in Gun Foundry, Hyderabad, is ₹16,700 per sq ft. This segment has seen a significant appreciation of 6.49% over the period, reflecting strong demand for apartment living in the locality.

In Gun Foundry, Hyderabad, Ready To Move properties have an average price of ₹6,000 per sq ft as of March 2026, showing a substantial appreciation of 12.73%. Under Construction properties, however, are priced much higher at ₹16,650 per sq ft, with a 5.61% appreciation. This indicates that while Ready To Move inventory is more affordable, Under Construction projects, particularly premium ones like Meenakshi Elysia, command higher prices.

As of March 2026, Meenakshi Elysia in Gun Foundry lists at the highest rate of ₹16,650 per sq ft, having appreciated by 5.61%. Following this, Glendale Residency is listed at ₹6,050 per sq ft with a significant 13.44% appreciation, and several other projects like Orient Estate, The Residences @ Aziz Manzil, and Ganesh Enclave Gun Foundry are all listed around ₹6,000 per sq ft, showing appreciation rates between 11.55% and 13.24%.

In areas surrounding Gun Foundry, Somajiguda shows an average rental rate of ₹50 per sq ft with no change percentage as of March 2026. Banjara Hills, however, commands a similar average rental rate of ₹50 per sq ft but has appreciated by 8.82%. This suggests a stable rental market in Somajiguda while Banjara Hills is experiencing rental growth, potentially indicating increased demand for rental properties in that prime location.

The government registration data for Gun Foundry shows 58 transactions within the Jun 25 to May 26 period, with a gross value of ₹47 Cr. This indicates a healthy level of property sales activity and market liquidity in the locality during that timeframe.

In Gun Foundry, both 'Ready To Move' and 'Well Occupied' properties are priced identically at ₹6,000 per sq ft as of March 2026. 'Ready To Move' properties have seen a substantial appreciation of 12.73%, while 'Well Occupied' properties have appreciated by 12.58%. This parity in pricing and similar appreciation suggests that the market values both immediate occupancy and established residency similarly in this segment.