
As 2024 wraps up, Manikonda has shown remarkable growth in its real estate sector:
- Multistorey apartments: Prices increased by 5% over the year, now ranging between ₹7,000-₹7,400 per sq. ft.
- Plots: Prices remain stable at ₹1,00,000-₹1,10,000 per square yard.
- Rental market: Strong demand with average rents of ₹15,000-₹20,000 for 2 BHKs, driven by IT professionals.
This year’s trends highlight Manikonda’s stability and increasing desirability as a residential hub.