Hyderabad
The real estate market in Shamirpet has shown notable growth, with current average asking prices reaching ₹8,050 per sq ft. This upward trajectory is supported by a diverse supply of residential options, ranging from apartment complexes to luxury villas. Transactional activity remains steady, as indicated by recent government registration data, while developers continue to focus on delivering high-quality projects to meet increasing demand. Rental rates in neighboring areas like Kompally provide additional context for the broader region's investment potential.
The average asking price in Shamirpet is ₹8,050 per sq ft as of June 2026. This figure reflects a significant appreciation of 38.43% compared to the previous period, signaling strong demand and increasing interest in this locality.
Property prices in Shamirpet have shown an upward trajectory, with the location rate rising from ₹5,500 per sq ft in December 2025 to ₹8,050 per sq ft by June 2026. This consistent quarterly growth indicates a robust market environment, making it a notable area for potential capital appreciation.
As of June 2026, villas in Shamirpet command a higher average price of ₹8,050 per sq ft, which has appreciated by 38.43% compared to the previous period. In contrast, apartments are priced at an average of ₹5,000 per sq ft, showing stable market performance with a marginal appreciation of 0.18% over the same timeframe.
As of June 2026, ready-to-move projects in Shamirpet are available at an average price of ₹4,000 per sq ft, while under-construction projects are priced slightly higher at ₹4,400 per sq ft. Both categories have maintained price stability with no percentage change recorded, offering clear value benchmarks for buyers based on their preferred possession timelines.
Bhoomi Suvira leads the market in Shamirpet with a current listing rate of ₹5,200 per sq ft as of June 2026, marking an appreciation of 15.56% from the prior period. Other prominent projects include Sensation Lake Breeze Seshadri at ₹4,500 per sq ft and Sri Virinchi Venkateshwara Apartment at ₹4,200 per sq ft, both of which have maintained stable pricing.
While specific rental data for Shamirpet is currently limited, the nearby locality of Kompally offers an average rental rate of ₹50 per sq ft as of June 2026. This rate has seen a depreciation of 28% compared to the previous period, suggesting a shift in rental demand or increased supply in that specific sub-market.
The Government Registration Rate in Shamirpet is currently recorded at ₹2,600 per sq ft. Investors should use this as a baseline for understanding the official valuation of properties in the area, keeping in mind that the current market asking price of ₹8,050 per sq ft is significantly higher, which is typical in developing residential corridors.
As of June 2026, Shamirpet’s average asking price of ₹8,050 per sq ft positions it as a premium locality compared to nearby areas like Medchal (₹4,850 per sq ft) and Kowkoor (₹5,050 per sq ft). However, it remains more affordable than Alwal, which currently commands an average rate of ₹8,600 per sq ft.
Parijatha Pride is currently listed at ₹3,550 per sq ft as of June 2026, which represents a depreciation of 27.12% compared to the previous period. This downward adjustment may present a strategic entry point for value-conscious buyers looking for residential options in the Shamirpet area.
The market in Shamirpet shows a clear preference for villas, which currently hold an average price of ₹8,050 per sq ft as of June 2026, reflecting a sharp 38.43% appreciation. Apartments, while more budget-friendly at ₹5,000 per sq ft, have seen negligible price movement, indicating that the villa segment is currently the primary driver of price growth in the locality.
