Property Rates in Gun Foundry, Hyderabad 2026

The average asking price in Gun Foundry is currently ₹16,950 per sq ft, which sits significantly higher than the Government Registration Rate of ₹6,400 per sq ft. This gap between the market-driven asking price and the government-benchmarked registration rate is a key metric for buyers to consider when evaluating the total cost of acquisition and potential financing limits.

The property market in Gun Foundry has shown a fluctuating trajectory over the past year. As of Sep 2026, the location rate stands at ₹16,900 per sq ft, following a slight dip from ₹16,950 per sq ft in Jun 2026. Prior to this, the market saw growth, rising from ₹15,650 per sq ft in Dec 2025 to ₹16,700 per sq ft in Mar 2026, suggesting a period of price consolidation in the most recent quarter.

Property prices in Gun Foundry, at an average of ₹16,950 per sq ft, are positioned at a premium compared to many surrounding areas. For instance, nearby Kachiguda maintains an average rate of ₹8,200 per sq ft, while New Nallakunta and Malakpet are priced at ₹7,950 per sq ft and ₹5,550 per sq ft, respectively. Somajiguda remains the most expensive in this comparison at ₹20,850 per sq ft, highlighting that Gun Foundry occupies a mid-to-high tier position within the broader central zone real estate landscape.

As of Sep 2026, there is a notable price variance based on project status in Gun Foundry. Under Construction properties are commanding a higher average of ₹17,000 per sq ft, which has appreciated by 2.16% over the observed period. In contrast, Ready To Move units are priced at an average of ₹6,450 per sq ft, showing a significant appreciation of 10.85% compared to previous cycles, reflecting strong demand for immediate occupancy.

Meenakshi Elysia leads the premium segment in Gun Foundry with a listing rate of ₹17,000 per sq ft as of Sep 2026, having appreciated by 2.16%. Other notable projects include PCH Bella Vista and Samrat Complex Gun Foundry, both listed at ₹6,550 per sq ft, with appreciation rates of 12.35% and 12.33% respectively. These projects represent the diverse pricing landscape in the area, ranging from high-end developments to established residential complexes.

While specific rental data for Gun Foundry is limited, the nearby locality of Lakdi Ka Pul offers a benchmark for the area with an average rental rate of ₹50 per sq ft as of Sep 2026. This rate has remained stable with 0% change, providing a consistent reference point for tenants and landlords operating within this part of the city.

Buyers should use the provided data to distinguish between market-driven asking prices and government-benchmarked registration rates. With the current average asking price at ₹16,950 per sq ft as of Sep 2026, investors can track the quarterly trends—such as the movement from ₹15,650 per sq ft in Dec 2025 to current levels—to gauge whether the market is currently in a phase of growth or correction. Always compare the status-wise pricing, such as the difference between Ready To Move and Under Construction units, to align your purchase with your timeline and budget requirements.