Rents soar in two locations

Anarock report reveals details Rents are soaring in Hyderabad due to rising demand from IT employees and a shortage of ready-to-move-in apartments. Two areas, in particular, have seen a sharp spike in rents: Hitech City and Gachibowli. Over the past five years, rents in these localities have increased by over 50%.

Real estate consulting firm Anarock revealed these details in its latest report. In 14 key micro-markets in Hyderabad, capital values rose by 24–139%, while rents increased by 32–81%. Specifically, in Gachibowli and Hitech City, capital values surged by 139% and rents jumped by 71%.

The report also noted that micro-markets with new metro lines, expressways, or proximity to airports have consistently performed better. Looking at rent trends in Hyderabad: at the end of 2021, the rent for a 1,000 sq. ft. apartment in Gachibowli was around Rs 22,000, which increased to Rs 36,600 by Q2 2025—a 66% rise. In Hitech City, the same period saw rents climb from Rs 23,000 to Rs 36,350 for a 1,000 sq. ft. apartment, a 58% increase.

Comparing this to other cities, rents rose the most on Sarjapur Road in Bengaluru at 81%, followed by Noida Sector-150 at 71%. Examining capital appreciation: in Gachibowli, capital values increased from Rs 5,010 per sq. ft. at the end of 2021 to Rs 9,350 in Q2 2025, an 87% rise. In Hitech City, values rose from Rs 5,753 to Rs 9,800 per sq. ft., a 70% increase. The highest appreciation was seen in Noida Sector-150 at 139%, with Gachibowli coming in second at 87%.