Property Rates in Gun Foundry, Hyderabad 2026

The current average asking price in Gun Foundry of ₹16,950 per sq ft is significantly higher than the Government Registration Rate of ₹6,400 per sq ft. This variance is common in established urban areas and suggests that market-driven valuations for residential properties often exceed the baseline benchmarks set for registration purposes.

The property market in Gun Foundry has shown a consistent upward trajectory in asking prices throughout the last year. As of June 2026, the rate stands at ₹16,950 per sq ft, rising from ₹16,700 per sq ft in March 2026, ₹15,650 per sq ft in December 2025, and ₹14,200 per sq ft in September 2025. This steady quarter-over-quarter growth signals resilient investor confidence and sustained demand within the locality.

Property rates in Gun Foundry, currently at ₹16,950 per sq ft, are positioned at a premium compared to many surrounding areas. For instance, neighbouring localities like Kachiguda and Old Malakpet command average rates of ₹8,200 per sq ft and ₹5,150 per sq ft, respectively. Meanwhile, Somajiguda remains a high-value area nearby with an average rate of ₹20,850 per sq ft, which appreciated by 10.77% over the observed period.

As of June 2026, Under Construction properties in Gun Foundry are priced at an average of ₹17,000 per sq ft, having appreciated by 2.16% compared to previous cycles. In contrast, Ready To Move properties are available at an average of ₹6,450 per sq ft, which reflects an appreciation of 10.85% over the same period. This significant price gap often reflects the premium associated with newer, modern project specifications compared to the existing ready-to-move housing stock.

Several projects in Gun Foundry currently command premium listing rates as of June 2026. Meenakshi Elysia leads the list with a rate of ₹17,000 per sq ft, showing an appreciation of 2.16%. Other notable projects include PCH Bella Vista and Samrat Complex Gun Foundry, both listed at ₹6,550 per sq ft, reflecting appreciations of 12.35% and 12.33% respectively. These projects represent a mix of established and premium residential options within the locality.

While Gun Foundry itself has limited rental data, surrounding areas provide clear benchmarks for rental income. As of June 2026, both Lakdi Ka Pul and Somajiguda command average rental rates of ₹50 per sq ft. It is important to note that rental rates in Somajiguda have seen a depreciation of 32.35% compared to previous periods, suggesting a softening in local rental demand or an increase in available inventory that investors should monitor when calculating potential rental yields.

Buyers should use the June 2026 data to distinguish between the market-driven asking price of ₹16,950 per sq ft and the Government Registration Rate of ₹6,400 per sq ft to understand their total acquisition cost. By observing the consistent price growth from ₹14,200 per sq ft in September 2025 to the current levels, buyers can identify that Gun Foundry is experiencing a period of sustained value appreciation, which is essential for long-term investment planning.