Property Rates in Kondakal, Hyderabad 2026

Property prices in Kondakal have shown a steady increase throughout 2026, moving from ₹9,700 per sq ft in March 2026 to ₹9,900 per sq ft in June 2026, and reaching ₹9,950 per sq ft by September 2026. This consistent quarterly growth suggests a resilient market environment where buyers and investors are maintaining steady confidence in the locality's development potential.

The average price for villa properties in Kondakal is ₹8,050 per sq ft as of September 2026. This segment has experienced a depreciation of 17.31% compared to previous pricing benchmarks, which may present a more accessible entry point for buyers looking for premium villa living in this area compared to earlier market highs.

Under-construction projects in Kondakal are currently priced at an average of ₹8,000 per sq ft as of September 2026. This category has seen an appreciation of 2.57% over the observed period, reflecting the value addition and development progress typically associated with projects that are currently in the construction phase.

Rental rates in the vicinity of Kondakal are remarkably uniform, with major areas such as Tellapur, Nallagandla, Gachibowli, Gandipet, and the Financial District all commanding an average rental rate of ₹50 per sq ft as of September 2026. While most of these areas have maintained stable rental pricing, some surrounding pockets like Chanda Nagar have seen a depreciation of 8% and Serilingampally a depreciation of 2.44%, while Madinaguda has bucked the trend with a 4% appreciation in rental rates.

Investors looking at the broader region surrounding Kondakal will find a consistent rental benchmark of ₹50 per sq ft across key hubs like Gachibowli and the Financial District as of September 2026. The stability in these rates, with 0% change in many prime locations, suggests a mature rental market where supply and demand are currently well-balanced, providing a predictable income stream for property owners.

Panchavati Apartment Kondapur is a notable project in the region, currently listed at ₹8,000 per sq ft as of September 2026. This project has seen an appreciation of 2.57% in its listing rate, indicating positive price movement that aligns with the broader growth trends observed in the under-construction segment within the West Zone.

Property prices in the surrounding areas vary significantly, with Mokila leading at ₹11,000 per sq ft (which has seen a depreciation of 14.33%) and Tellapur at ₹9,750 per sq ft (a depreciation of 6.54%). Conversely, areas like Velmala at ₹5,250 per sq ft have seen a significant appreciation of 17.89%, and Peeranchuruvu at ₹7,650 per sq ft has appreciated by 13.94%, highlighting that while Kondakal maintains a strong position at ₹9,950 per sq ft, neighbouring markets offer diverse price points depending on their specific development stage and local demand.