Hyderabad
Mallapur’s real estate landscape reflects a balanced mix of immediate housing availability and specialized premium demand. The apartment market remains steady at ₹5,600 per sq ft, while villas have experienced a notable 21.53% increase in value, signaling a shift toward higher-end residential preferences. Registration data confirms active interest with 51 transactions totaling ₹21 Cr, underscoring the area's appeal to genuine homebuyers. Development activity remains varied, with ready-to-move units currently priced at ₹5,150 per sq ft, providing a reliable entry point for those prioritizing convenience.
As of June 2026, the average asking price in Mallapur stands at ₹6,650 per sq ft. This figure reflects the latest market valuation for the area, which has experienced notable fluctuations over the past year, moving from ₹6,250 per sq ft in September 2025 to a peak of ₹7,650 per sq ft in December 2025, before adjusting to the current level.
The current average asking price in Mallapur of ₹6,650 per sq ft is significantly higher than the Government Registration Rate of ₹2,850 per sq ft. This gap is common in active real estate markets, where market-driven prices reflect current demand, amenities, and developer premiums, whereas the Government Registration Rate is typically used for stamp duty and tax calculation purposes. Data recorded between October 2025 and September 2026 shows 51 registered transactions with a gross value of ₹21 Cr.
Property prices in Mallapur differ significantly based on the type of residence. As of June 2026, villas command a premium with an average price of ₹8,100 per sq ft, having appreciated by 21.53% compared to previous reporting periods. In contrast, apartments are more accessible, with an average price of ₹5,600 per sq ft, which has seen marginal growth of 0.11%.
As of June 2026, Ready To Move projects in Mallapur are priced at an average of ₹5,150 per sq ft, while Under Construction projects are available at an average of ₹5,050 per sq ft. Both categories have seen a depreciation in pricing recently; Ready To Move projects depreciated by 4.68%, and Under Construction projects saw a more pronounced depreciation of 13.21% compared to the prior period, indicating a market-wide price correction across development stages.
As of June 2026, Modi Gulmohar Residency leads the market in Mallapur with a listing rate of ₹10,500 per sq ft, despite a minor depreciation of 0.62% compared to the previous period. Other premium projects include Modi Mayflower Platinum, which maintains a stable rate of ₹7,950 per sq ft, and Sri Tirumala Millenium, which is priced at ₹6,500 per sq ft after a significant appreciation of 50.53%.
Property rates in Mallapur have shown a volatile trajectory over the last four quarters. After starting at ₹6,250 per sq ft in September 2025, prices rose to ₹7,650 per sq ft by December 2025, followed by a decline to ₹6,800 per sq ft in March 2026 and settling at ₹6,650 per sq ft as of June 2026. This trend suggests a period of market stabilization following the peak valuation observed at the end of 2025.
Yes, several projects in Mallapur have demonstrated strong growth in listing rates as of June 2026. Sri Tirumala Millenium stands out with a substantial appreciation of 50.53%, while Modi Mayflower Park and Gulmohar Gardens Phase 2 have also performed well, appreciating by 17.11% and 16.98% respectively. These figures reflect high demand for specific established developments within the locality.
