Neredment maintains a steady residential market profile, characterized by a mix of ready-to-move apartment developments that cater to a wide range of home seekers. The area provides a balanced pricing environment, supported by a variety of projects that offer both affordability and established living standards. Rental demand remains present in surrounding hubs, contributing to the overall utility of the area for both end-users and investors. The current price landscape reflects a mature residential pocket that prioritizes accessibility and consistent living value.
As of September 2026, the average asking price in Neredment stands at ₹5,200 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for property seekers in this locality.
The micromarket rate in Neredment has shown a slight downward trajectory, moving from ₹8,150 per sq ft in December 2025 to ₹7,700 per sq ft as of September 2026. This adjustment reflects a period of market correction, providing a potentially more accessible entry point for buyers compared to the rates observed at the end of 2025.
Property prices in Neredment, currently at ₹5,200 per sq ft, are positioned competitively against surrounding areas. For instance, East Marredpally and West Marredpally command higher rates at ₹8,300 per sq ft and ₹8,050 per sq ft respectively, while areas like Malkajgiri and Moula Ali are priced closer to Neredment at ₹5,300 per sq ft and ₹5,400 per sq ft. These variations allow buyers to choose between premium established pockets and more affordable emerging neighbourhoods based on their budget.
As of September 2026, Ready To Move properties in Neredment are priced at an average of ₹4,750 per sq ft, having depreciated by 1.39% compared to the previous period. Under Construction projects are currently priced at ₹4,600 per sq ft, which reflects a depreciation of 2.56% over the same timeframe. This narrow price gap suggests that buyers can secure near-immediate possession without paying a significant premium over under-construction inventory.
Haripriya Residency leads the top listings in Neredment with a current rate of ₹5,800 per sq ft as of September 2026, though it has seen a depreciation of 2.63% compared to the prior period. Other notable projects include Sai Charan Avenue and Nirmala Tungabhadra Apartments, both priced at ₹4,750 per sq ft, with respective depreciations of 1.8% and 2.05%. These listings provide a snapshot of the current market valuation for established residential complexes in the area.
While specific rental data for Neredment is limited, the broader rental market in the vicinity, such as in Nacharam, shows an average rental rate of ₹50 per sq ft as of September 2026. This rate has remained stable with 0% change, suggesting a consistent rental demand in the region. Investors looking at the area should consider this rental benchmark alongside the current sale price of ₹5,200 per sq ft to evaluate potential long-term income prospects.
You can use this data to benchmark current asking prices against historical trends and neighbouring localities to ensure you are paying a fair market rate. By observing the stability in the average asking price of ₹5,200 per sq ft and comparing the status-wise pricing for Ready To Move versus Under Construction units, you can align your purchase with your specific timeline and budget requirements. Always consider the appreciation or depreciation percentages provided for specific projects to understand if a property’s value is currently trending upward or undergoing a correction.