High-rises transform Hyderabad Old City’s skyline as flat demand surges

High-rises are transforming Hyderabad's Old City skyline as demand for flats surges. Rising land prices and growing demand for affordable housing are driving apartment construction, with high-rises replacing independent homes and offering steady rental returns. In areas like Attapur and Falaknuma, 2BHK flats of 1,000 to 1,200 sqft are priced between Rs 50 lakh to Rs 60 lakh, while rental returns range from Rs 13,000 to Rs 22,000 per month.