Property Rates in Kondakal, Hyderabad 2026

Property prices in Kondakal have shown a steady upward trajectory throughout the recent quarters. According to the data, the micromarket rate rose from ₹9,100 per sq ft in September 2025 to ₹9,650 per sq ft in December 2025, further increasing to ₹9,700 per sq ft in March 2026, and reaching ₹9,850 per sq ft by June 2026. This consistent growth suggests a resilient demand profile for the area.

As of June 2026, villas in Kondakal are priced at an average of ₹8,050 per sq ft. This rate has seen a depreciation of 17.31% compared to the previous period, which may be interpreted as a market correction or a shift in supply-demand dynamics for luxury villa segments in this specific locality.

Under-construction projects in Kondakal are currently priced at an average of ₹7,800 per sq ft as of June 2026. This pricing has remained stable with a 0% change, indicating that developers and the market have maintained consistent valuation for ongoing residential developments during this period.

Rental rates across several localities near Kondakal, including Peeranchuruvu, Tellapur, Nallagandla, Chanda Nagar, Serilingampally, Gachibowli, Gandipet, and Sriram Nagar, are currently averaging ₹50 per sq ft as of June 2026. While many of these areas have seen stable rental pricing, some have experienced fluctuations; for instance, Ameenpur has seen an appreciation of 13.64% compared to the previous period, whereas Peeranchuruvu has seen a depreciation of 12.5%.

Investors looking at the rental market near Kondakal should note that while the average rental rate is consistently ₹50 per sq ft across most surrounding hubs as of June 2026, the market performance varies by location. For example, rental rates in Madinaguda have depreciated by 3.85% and Gachibowli by 2.63%, while areas like Sriram Nagar have seen an appreciation of 7.41% and Gandipet an appreciation of 3.03% compared to the previous period. These variations highlight the importance of selecting specific micro-pockets when evaluating rental income potential.

Panchavati Apartment Kondapur is a notable project in the region with a current listing rate of ₹7,800 per sq ft as of June 2026. This project has demonstrated strong market performance, having appreciated by 4.9% compared to the previous period, signaling positive investor confidence and demand for its specific residential offerings.