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Rents Surge in Madhapur and Gachibowli Forcing IT Professionals to Commute Farther

Rents Surge in Madhapur and Gachibowli Forcing IT Professionals to Commute Farther

House rental prices have reached record highs in Hyderabad's IT corridor, forcing tenants and IT professionals in Madhapur, Gachibowli, Kondapur, and HiTec City to either pay significantly higher rents or endure longer commutes from affordable areas. Driven by the rapid expansion of Global Capability Centres and return-to-office policies, rental rates in these key tech hubs have surged by 10 to 20 percent between 2025 and June 2026.

The rental spike has led to a significant shift in living arrangements. A standard 1BHK apartment that rented for Rs 10,000 to Rs 12,000 last year now costs between Rs 15,000 and Rs 20,000. Meanwhile, standard 2BHK apartments command Rs 30,000 to Rs 35,000, and premium gated-community homes in the IT corridor fetch between Rs 50,000 and Rs 70,000 per month.

In Madhapur, average rents for a 2BHK apartment increased from Rs 20,000–32,000 in 2025 to Rs 22,000–38,000 in 2026. Hi-Tec City saw average 2BHK rents rise from Rs 22,000–35,000 to Rs 28,000–42,000 over the same period. Similar increases occurred in Gachibowli, where rents rose to Rs 22,000–35,000, and in Kondapur, where they jumped to Rs 18,000–40,000.

Faced with these rising costs, many professionals are adjusting their living situations. Shakina Fatima, who works in Jubilee Hills, moved to Banjara Hills to escape a long commute from Kondapur. She now pays Rs 26,500 for a 1BHK apartment.

Others are opting for shared accommodations far from their offices. Pratham Sharma, an IT professional, chose to rent a 2BHK apartment in Bachupally with three roommates for a total of Rs 20,000 per month after finding prices near his IT corridor office too high.

Similarly, Anu S, a software employee, left her women's paying guest (PG) accommodation in Kondapur after her four-sharing non-AC room rent rose from Rs 8,000 to Rs 9,500 in less than a year. She relocated to Kukatpally to find more affordable housing.

For some, the trade-off involves long daily commutes. Perikala Ratnakanth, who works in Madhapur, chose to live in an SR Nagar hostel for Rs 5,500 a month after finding local rents ranging between Rs 12,000 and Rs 20,000. He now spends nearly an hour commuting every day.

While senior employees in software firms and private banks often receive house rent allowances, freshers and mid-level employees earning around Rs 20,000 a month find it nearly impossible to afford living near their workplaces.

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