Year-End Review: Manikonda Real Estate Market Performance in 2024
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.