[ecis2016.org] We look at the most cost-effective regions and list down the best places to live in Hyderabad for young working people and college students.
IT hubs, which cater to the services sector, are an important part of the Indian economy. When talking about IT hubs, the cities that come to mind are Bangalore, Hyderabad and Chennai. Out of these three cities, millennials often choose Hyderabad, owing to its combination of lively city life and low cost of living.
You are reading: The best places to live in Hyderabad, the city of pearls
Hyderabad has a sizable number of IT companies and educational institutions. It also has areas that are expensive and areas that are affordable for young working professionals. In this article, we look at the most cost-effective regions and list down the best places to live in Hyderabad for young working people and college students.
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Best place to live in Hyderabad : Uppal
Uppal is one of the best places to live in Hyderabad and is a working professional’s dream. Located in east Hyderabad, Uppal is a neighbourhood that has a significant immigrant population. It is an area populated by a lot of bachelors, which means the rent is very reasonable in the area. The rent for a 1BHK house in Uppal can approximately range from Rs 6,500 to Rs 8,000. It is an IT hub and has no shortage of recreational activities. Educational institutions like Kakatiya Junior College and Lady Flower Junior College are present in Uppal.
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Best place to live in Hyderabad : Manikonda
Manikonda is one more locality of Hyderabad that has seen a rapid boom due to the influx of young working IT professionals into the city. The locality is renowned for Lanco Hills and recreational spaces such as shopping malls. A month’s rent for a 1BHK apartment in Manikonda can set you back by around Rs 9,000 to Rs 10,500, which is a reasonable rate if you want to be close to the city’s commercial centre. Manikonda also has easy access to national highways and the Rajiv Gandhi International Airport.
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Best place to live in Hyderabad : Somajiguda
Somajiguda, even though it is a commercial centre of Hyderabad, provides some of the most affordable rental rates in the city, making it one of the best places to live in Hyderabad. Despite its cheap cost of living, Somajiguda has easy access to the city centres of Hyderabad, like Begumpet and Punjagutta. An up-and-coming neighbourhood, Somajiguda is known for its restaurants and bars, appealing to the working crowd. A 1BHK apartment in this city area will cost you anywhere from Rs 8,500 to Rs 10,000 as rent.
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Best place to live in Hyderabad : Madhapur
A fast-growing Hyderabad neighbourhood with a high concentration of IT companies, Madhapur is the dream locality for working professionals, making it one of the best places to live in Hyderabad. In the heart of Madhapur is HITEC City, one of the most prominent IT hubs in Hyderabad. Along with IT hubs, Madhapur also has many renowned educational institutions in the area, like NIFT Hyderabad. Monthly rent for a 1BHK apartment in Madhapur can set you back by around Rs 13,000 to Rs 14,000, which is reasonable for an IT hub in the city.
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Best place to live in Hyderabad : Ameerpet
Ameerpet is one of the cheapest localities and is among the best places to live in Hyderabad. Located in the northwestern region of Hyderabad, this neighbourhood is home to many educational institutions. The distribution of educational institutions in this area has led to a large student population. This area has some of the cheapest rental rates in the city, with a 1BHK apartment costing around Rs 7,500 to Rs 8,500 per month.
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Best place to live in Hyderabad : Shamshabad
Shamshabad is the best place to live in Hyderabad if you are a student with some money to spend. Although the rentals are inexpensive, at around Rs 8,500 to Rs 10,000 per month for a 1BHK apartment, there are a lot of recreational spaces in the area that make living on a budget very challenging. Shamshabad has the Rajiv Gandhi International Airport in the locality and famous universities like Symbiosis and TATA University.
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