Plots at ₹30,000 Per Sq. Yard? Affordable Land Still Exists Near Hyderabad's IT Corridor

PROPERTY PLUSE

Land prices in Hyderabad's prime locations such as Kondapur, Gachibowli and the Financial District have surged to record levels, with plots along major roads commanding anywhere between ₹1 lakh and ₹3 lakh per square yard. Surprisingly, just 8 to 10 kilometres away, several villages and older layouts continue to offer residential plots priced between ₹30,000 and ₹45,000 per square yard.

Areas such as Mokila, Velimela, Kollur and Muthangi still have a few layouts developed nearly two decades ago where land is available at comparatively affordable prices. Many investors who purchased plots years ago purely as long-term investments are now looking to sell, as development in some of these layouts has progressed more slowly than expected.

Although the expansion of the Outer Ring Road (ORR), the IT corridor, educational institutions and private townships has increased demand across western Hyderabad, several older layouts located away from the main roads are yet to witness full-scale infrastructure development. Limited road connectivity, drainage networks and other civic amenities have kept prices relatively moderate.

With land prices soaring across the city, these locations are increasingly attracting middle-class buyers and investors. Plots measuring 200 to 300 square yards remain within reach, and in many cases, buyers can purchase a plot here for nearly the same price as a mid-sized apartment in central Hyderabad.

However, real estate experts advise buyers not to be influenced by attractive prices alone. They recommend verifying layout approvals, title documents, road access, and future development plans before making a purchase. With careful due diligence, these emerging localities could offer strong long-term appreciation as Hyderabad continues to expand.