Best Locations to Buy 3 BHK Flats in Hyderabad
Are you navigating the real estate market of Hyderabad to find 3 BHK flats for sale in Hyderabad? Worry not! Square Yards has got your back on this. From determining the best locations to curating the ideal home according to your budget and preferences, our team of experts is at your service. We have listed top locations known for their efficient connectivity, unmatchable infrastructures and housing options. Look at the following places in Hyderabad to find the perfect 3 BHK flats for sale in Hyderabad.
Saroornagar, Hyderabad
Saroornagar is a well-established residential area in the eastern zone of Hyderabad, adjacent to localities such as Madannapet Colony, Santosh Nagar, Champapet, Kharmanghat, and Dilsukhnagar. The area features notable residential complexes like Sri Sai Shivani and Kranthi Harika Apartments, which are suitable options for buying 3 BHK flats in Hyderabad. It enjoys excellent connectivity, with Dabirpura and Yakutpura railway stations nearby and the LB Nagar metro station just 2 km away. Saroornagar offers a strong social infrastructure, including educational institutions like Sreenidhi Global School and healthcare facilities like Hope Hospital. Residents can conveniently access shopping centres like GVR Paradise and KLM Fashion Mall. Additionally, its proximity to IT parks and industrial estates makes Saroornagar desirable for professionals.
Somajiguda, Hyderabad
Somajiguda, located in the heart of Hyderabad, is a busy business area with Raj Bhavan Road. The area has a good mix of commercial and residential properties. Prominent residential projects with 3 BHK flats for sale in Hyderabad include Sri Sai Shivani and Kranthi Harika Apartments. Somajiguda is well-connected by APSRTC, TSRTC, and MMTS buses, with the Irrum Manzil Metro Station and Necklace Road railway station nearby. Residents can access quality medical facilities such as Yashoda Hospitals and well-known schools like Sri Sri Ravishankar Vidya Mandir. Shopping centres like GVK One Mall add to the area's appeal. With close proximity to major IT and business parks, Somajiguda is an attractive spot for professionals.
Uppal, Hyderabad
Uppal, in East Hyderabad, has grown rapidly in the past decade. The area has well-planned colonies and a high-quality lifestyle. It's surrounded by the Musi River, NGRI Scrub Forest, and Pedda Cheruvu Lake, with Rajnagar Colony and Venkateswara Colony nearby. Known for the Rajiv Gandhi International Cricket Stadium, Uppal features mostly horizontal residential buildings. It has good connectivity with a major metro station on the Blue Line and planned road expansions to ease traffic. The area has good schools, hospitals, and shopping centres, like Sri Vidya School, Aditya Hospital, and Hemdurga Mall. Uppal also has an IT Special Economic Zone (SEZ) near business hubs like Banjara Hills and HITEC City, making it ideal for professionals.
Pragathi Nagar, Hyderabad
Situated on the outskirts of Greater Hyderabad, Pragathi Nagar is a growing residential locality near Kukatpally. Neighbouring areas include Nizampet, Hafeezpet, and Kothaguda, with the Jawaharlal Nehru Technological University just 3 km away. It features significant real estate projects like BLR Sri Laxmi Grand and Gothic's Paramount Highway 9, with JNTU College and Kukatpally metro stations nearby. Pragathi Nagar boasts excellent social amenities, including healthcare facilities like Pegasus Healthcare and schools like Pragathi Central School. Its proximity to key employment hubs further adds to its appeal. , making it popular among professionals looking for 3 BHK flats for sale in Hyderabad. The locality enjoys good connectivity to HITEC City and Gachibowli through National Highway 9, with JNTU College and Kukatpally metro stations nearby. Pragathi Nagar boasts excellent social amenities, including healthcare facilities like Pegasus Healthcare and schools like Pragathi Central School. Its proximity to key employment hubs further adds to its appeal.
Kapra, Hyderabad
Kapra, located in the northeastern part of Hyderabad, is a thriving residential area known for its well-developed infrastructure and connectivity. Bordered by localities like Kushaiguda, AS Rao Nagar, and Sainikpuri, Kapra offers a range of housing options, from independent houses to apartments and gated communities, catering to families and working professionals. The area benefits from excellent road connectivity via the Outer Ring Road (ORR) and Inner Ring Road (IRR), providing easy access to major IT hubs such as HITEC City and Gachibowli. Kapra has a strong social infrastructure, featuring reputed educational institutions like Delhi Public School, healthcare facilities like Poulomi Hospital, and shopping centres like CMR Shopping Mall. Recreational spaces, including Kapra Lake Park, enhance the living experience, making Kapra a desirable place to reside in Hyderabad.
Insights into Hyderabad
Hyderabad is an exciting city that merges its rich cultural heritage with modern development, attracting people from various regions. With iconic sites like Charminar and Golconda Fort, it offers a deep cultural experience. The city's real estate market is flourishing with increasing MNCs, IT companies, start-ups, and substantial investments. This growth drives up residential property values while vacancy rates drop, making it a prime time for flat investments. The city's improved urban amenities, new job opportunities, and extensive infrastructure projects, including road and metro expansions, ensure excellent connectivity, making Hyderabad a top choice for real estate investment. The table below highlights the important information about the city:
| State | Telangana |
| Area | 250 sq. mi. |
| GDP | $74 Billion |
| Official Language | Telugu, Urdu |
| Population | 10,901,000 |
| Sub Registrar Office | https://registration.telangana.gov.in/ |
| Online Property Details | https://dharani.telangana.gov.in/knowLandStatus |
Stamp Duty and Registration Charges in Hyderabad 2024
Paying stamp duty and registration charges when purchasing a flat in Hyderabad is essential to complete the ownership transfer. Hyderabad has relatively lower stamp duty rates than other Indian states. The stamp duty can vary depending on whether the flat is already in possession and whether the transaction is handled through a 'Power of Attorney'. Telangana does not differentiate stamp duty charges based on the owner's gender.
The general stamp duty and registration charges in Hyderabad are highlighted in the table below:
| Transaction Type | Registration Fee | Stamp Duty | Transfer Duty |
| Sale of flat (single or joint ownership) | 0.50% | 4% | 1.50% |
| Sale of flat with possession | 0.50% | 4% | NIL |
| Sale of flat without possession | 0.50% | 0.50% | NIL |
| Sale through Power of Attorney | INR 2000 | 5% | NIL |
| Flat by Will | INR 1000 | NIL | NIL |
Market Trend for Hyderabad Real Estate
In early 2024, Hyderabad's real estate market experienced significant growth, driven by a flourishing IT sector and infrastructure. The city’s investor-friendly policies and extensive development projects have made it a preferred destination for investors. During this period, the demand for homes surged by 8.5%, listings increased by 2.5%, and property prices rose by 0.7%. The northern and western regions of Hyderabad, known for their excellent connectivity and amenities, were particularly sought after, with Kondapur emerging as the most popular area for buyers. Many flats in the city are equipped with modern amenities, enhancing the comfort and convenience of living in Hyderabad.
Circle Rate in Hyderabad
The circle rate in Hyderabad is the government's minimum value for property transactions. It varies across different localities. While buying a flat for sale in Hyderabad, it is essential to note that these rates affect stamp duty and registration charges and depend on the property's location, type, and use. Prime areas with better infrastructure and amenities tend to have higher circle rates. The Telangana government periodically revises these rates to align with market trends. Buyers and sellers can check the most recent rates on the official Telangana Registration and Stamps Department website or at local sub-registrar offices to ensure accurate transaction cost calculations.
The following table highlights the circle rate of the top localities in Hyderabad:
| Locality | Circle Rate (Per Sq. Km.) |
| Saroornagar | Rs 2500-4500 |
| Somajiguda | Rs 3800 |
| Uppal | Rs 2500 |
| Kapra | Rs 2500-3500 |
FAQ's
Which is the best place to buy property in Hyderabad?
The best places to buy property in Hyderabad are Sarrornagar, Somajiguda, Uppal, Pragathi Nagar, and Kapra, known for their excellent connectivity, proximity to IT hubs, and modern amenities.
Which part of Hyderabad is best for living?
The best part of Hyderabad for living is Gachibowli, which offers a blend of residential and commercial spaces, top educational institutions, and good infrastructure.
Which is the safest area in Hyderabad to live in?
Banjara Hills is the safest area in Hyderabad. It is known for its upscale residential communities and well-maintained public spaces.
What are the most popular projects in Hyderabad?
The most popular projects in Hyderabad include Prestige High Fields, My Home Bhooja, and Aparna Serene Park, offering luxury apartments with modern amenities.
How can I buy an affordable flat in Hyderabad?
To buy an affordable flat in Hyderabad, consider looking in emerging areas like Narsingi, Tellapur, and Pragathi Nagar. Use the Square Yards website to find budget-friendly options.
Which sector is best for living in Hyderabad?
The best sector for living in Hyderabad is Jubilee Hills, known for its luxury housing, green spaces, and proximity to commercial centres.
Is Hyderabad costly to live in?
Hyderabad is relatively affordable compared to other major Indian cities. The cost of living is moderate, with reasonable housing costs, utility expenses, and transportation fees.
Why Hyderabad is the best place to live?
Hyderabad is the best place to live due to its strong infrastructure, IT and business hubs, rich cultural heritage, and affordable living costs. The city's mix of modern amenities and historical charm makes it an attractive destination for residents.
