Property Rates in New Nallakunta, Hyderabad 2026

Property prices in New Nallakunta have shown a fluctuating trajectory throughout 2026. The location rate stood at ₹5,550 per sq ft in March 2026, rose to ₹7,950 per sq ft in June 2026, and reached ₹6,700 per sq ft as of September 2026. These quarterly shifts suggest a dynamic market environment where buyers and investors should exercise due diligence by tracking the most recent quarterly data to understand the current valuation landscape.

Property rates in New Nallakunta vary significantly when compared to surrounding areas in Hyderabad. As of September 2026, Gun Foundry commands a higher average asking price of ₹16,950 per sq ft, which has appreciated by 1.71%. Meanwhile, other nearby localities like Kachiguda, Old Malakpet, Amberpet, and Malakpet present different price points, with Malakpet showing an appreciation of 6.04% to reach ₹5,550 per sq ft. These comparisons help investors identify relative value across the broader micromarket.

As of September 2026, villas in New Nallakunta are priced at an average of ₹12,200 per sq ft, showing a marginal depreciation of 0.17% compared to the previous period. In contrast, apartments are priced at an average of ₹6,700 per sq ft, which has seen a depreciation of 15.63% over the same timeframe. This price gap highlights the premium associated with independent villa living compared to the more accessible apartment segment in the locality.

Property status significantly influences the average asking price in New Nallakunta as of September 2026. Ready To Move properties are currently priced at ₹5,850 per sq ft, having appreciated by 5.15% from the previous period. Under Construction projects are priced higher at ₹7,500 per sq ft, reflecting a notable appreciation of 33.66% over the same period. This trend suggests that buyers are currently placing a higher premium on new development projects compared to established ready-to-move housing stock.

As of September 2026, Sudarshan Achala Residency leads in New Nallakunta with a listing rate of ₹9,500 per sq ft, marking 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, and their strong appreciation figures highlight the robust demand for well-positioned residential developments in the area.

For buyers seeking more accessible options in New Nallakunta as of September 2026, projects like Sai Bharathi Homes are listed at ₹6,550 per sq ft, which has seen a depreciation of 9.2% over the period. Similarly, Shanta Sriram Sonata is priced at ₹6,650 per sq ft, reflecting a depreciation of 1.67%. These projects offer a different entry point compared to the premium developments in the locality, providing options for varied budget requirements.

While specific rental data for New Nallakunta is limited, the broader area shows rental activity in neighbouring locations such as Lakdi Ka Pul, where the average rental rate is ₹50 per sq ft as of September 2026. This rate has remained stable with no change over the observed period. Investors looking at the rental potential in this zone should consider this benchmark when evaluating the income-generating capacity of properties in the surrounding micromarkets.