Property Rates in Gun Foundry, Hyderabad

Gun Foundry, a prominent locality in Hyderabad, presents an intriguing real estate market characterized by robust asking prices and positive growth trajectories. The current average asking price stands at a competitive ₹16,397 per sq ft. Analyzing quarterly trends, the market experienced a healthy upward movement, with average rates rising from ₹14,219 per sq ft in September 2025 to ₹15,668 per sq ft by December 2025, signaling strong investor and buyer confidence. Comparing Gun Foundry to its neighbours, its asking price positions it at a premium compared to areas like Basheer Bagh (₹8,978 per sq ft) and Hyderguda (₹7,312 per sq ft), though slightly higher than Abids (₹13,384 per sq ft). Notably, nearby localities such as Lakdi Ka Pul and Himayat Nagar have also seen significant appreciation, with changes of 24.85% and 11.92% respectively. The market's property landscape is currently dominated by apartments, which command the average price of ₹16,397 per sq ft and have seen a 4.65% price increase. Properties are available across various stages, with 13 Ready To Move units averaging ₹5,322 per sq ft, and Under Construction projects, though fewer in number, averaging a higher ₹15,754 per sq ft with a 7.57% growth. Transaction data reinforces this positive outlook, with 87 properties registered between April 2025 and March 2026, accumulating a gross value of ₹66 Cr at an average registered rate of ₹5,000 per sq ft. Projects like Meenakshi Elysia, with an asking rate of ₹15,754 per sq ft, are among the high-value offerings. Leading developers such as Sai Vamsee Projects and Meenakshi Builders are actively shaping the market, contributing to the transaction volume. This comprehensive view suggests a market ripe with opportunities, especially in the apartment segment, supported by consistent price growth and significant transactional activity.