Property Rates in New Nallakunta, Hyderabad 2026

Property prices in New Nallakunta have shown an upward trajectory, with the location rate rising from ₹5,200 per sq ft in Dec 2025 to ₹5,550 per sq ft in Mar 2026, and further reaching ₹7,950 per sq ft by Jun 2026. This consistent quarterly growth signals sustained buyer interest and increasing valuation within the locality, making it a noteworthy area for potential investors monitoring long-term capital appreciation.

Property prices in New Nallakunta, currently at ₹7,950 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For context, Gun Foundry commands a higher average of ₹16,950 per sq ft (which has appreciated by 1.71%), while areas like Malakpet at ₹5,550 per sq ft (appreciating by 6.04%) and Old Malakpet at ₹5,150 per sq ft offer more accessible entry points. Kachiguda and Amberpet remain stable at ₹8,200 per sq ft and ₹7,300 per sq ft respectively, showing no change in their average rates.

As of Jun 2026, apartments in New Nallakunta are priced at an average of ₹7,950 per sq ft, which has seen a notable appreciation of 44.25%. In contrast, villas are currently priced at ₹12,200 per sq ft, experiencing a marginal depreciation of 0.17% compared to the previous period. This price gap highlights the premium associated with villa living in the area versus the more liquid and widely available apartment segment.

Property status significantly influences pricing in New Nallakunta, with Under Construction projects commanding a higher average of ₹7,500 per sq ft as of Jun 2026, marking a substantial appreciation of 33.66%. Ready To Move properties are currently priced at ₹5,850 per sq ft, which has appreciated by 5.15% over the same period. This trend suggests that newer, under-construction inventory is currently driving higher price points in the locality compared to the established ready-to-move housing stock.

As of Jun 2026, Sudarshan Achala Residency leads the market with a listing rate of ₹9,500 per sq ft, reflecting a significant appreciation of 60.8%. Other premium projects include Ista Ayukta at ₹8,750 per sq ft (up 60.43%) and Manasa Sri Balaji Apartments at ₹8,000 per sq ft (up 35.41%). These projects represent the higher end of the local market, with most showing strong appreciation, though some projects like Shanta Sriram Sonata and Sai Bharathi Homes have seen minor price corrections.

Rental rates in the vicinity of New Nallakunta remain stable at ₹50 per sq ft in both Lakdi Ka Pul and Habsiguda as of Jun 2026. These rates have shown no change in the recent period, providing a consistent benchmark for tenants looking for residential options in the broader central zone. Investors should note that while sale prices in the region are appreciating, rental rates in these specific nearby hubs have maintained a flat trajectory.

A buyer should interpret the current price trends in New Nallakunta as a sign of a maturing and increasingly premium market. With the average asking price reaching ₹7,950 per sq ft as of Jun 2026 and a strong quarterly appreciation trend, the locality is attracting higher valuations. Potential buyers should weigh the rapid appreciation of under-construction projects against the more stable, lower-priced ready-to-move options to determine which aligns better with their investment horizon and risk appetite.