Property Rates in Gun Foundry, Hyderabad 2026

Property prices in Gun Foundry have shown a consistent upward trajectory, moving from ₹14,200 per sq ft in September 2025 to ₹15,650 per sq ft in December 2025, and reaching ₹16,700 per sq ft by March 2026. This sustained growth indicates strong market confidence and resilient demand for residential assets in the area.

The average asking price in Gun Foundry stands at ₹16,700 per sq ft, which is significantly higher than the Government Registration Rate of ₹5,000 per sq ft as of March 2026. This gap between the market-driven asking price and the government-notified registration rate is a common observation in established urban localities and reflects the premium commanded by current market demand.

Property rates in Gun Foundry, at ₹16,700 per sq ft, are notably higher than many surrounding areas. For instance, New Nallakunta averages ₹5,550 per sq ft (which appreciated by 5.86%), Malakpet averages ₹5,250 per sq ft (with a marginal appreciation of 0.1%), and Mehdipatnam averages ₹5,600 per sq ft (which appreciated by 5.45%). Only Somajiguda, with an average rate of ₹18,800 per sq ft (having appreciated by 5.42%), commands a higher price point than Gun Foundry as of March 2026.

As of March 2026, Ready To Move properties in Gun Foundry are priced at an average of ₹6,000 per sq ft, showing a significant appreciation of 12.73% over the observed period. In contrast, Under Construction projects are priced at a much higher average of ₹16,650 per sq ft, which has appreciated by 5.61%. This price disparity often reflects the premium associated with newer, modern developments currently under construction compared to the existing, well-occupied housing stock.

Meenakshi Elysia leads the list of projects in Gun Foundry with a current listing rate of ₹16,650 per sq ft as of March 2026, reflecting an appreciation of 5.61%. Other notable projects include Glendale Residency at ₹6,050 per sq ft (up 13.44%) and various established complexes like Orient Estate, The Residences @ Aziz Manzil, and Ganesh Enclave, all of which are listed at ₹6,000 per sq ft with appreciation rates ranging between 11.55% and 13.24%.

While specific rental data for Gun Foundry is limited, nearby Somajiguda offers rental options at an average rate of ₹50 per sq ft as of March 2026. This rate has remained stable with a 0% change, suggesting a balanced rental market in the immediate vicinity for tenants and investors looking for income-generating properties.

A buyer should use the current average asking price of ₹16,700 per sq ft as a benchmark to evaluate property valuations against their budget and the Government Registration Rate of ₹5,000 per sq ft. By observing the consistent quarterly price growth from September 2025 to March 2026, buyers can identify that Gun Foundry is experiencing a phase of value appreciation, which may influence their decision on whether to prioritize immediate purchase or monitor for further market shifts.