Did you know: Golconda Fort is worth Rs 15,200 crores

Golconda Fort is one of the heritage structures in Hyderabad, Telangana, known for its architectural beauty and historical importance

Believe it or not but Hyderabad’s Golconda Fort is worth Rs 15,200 crore or $2 billion and this is considering just the cost of land. Located in the western part of Hyderabad city, Golconda Fort owes its present grandeur to Mohammad Quli Qutub Shah, who took over the Golconda Fort from the Bahmani dynasty. A historical marvel known for its size and location, Golconda is often listed as one of the most magnificent fortresses in India. Golconda’s interiors, architecture and planning make it one of the must-visit places in India as the history associated with it is nothing short of exceptional.

Here’s everything you should know about Hyderabad’s Golconda Fort, its valuation and its historical importance:

Golconda Fort’s valuation

While the values of heritage buildings are beyond comprehension, here is a rough estimate of how much Golconda Fort Hyderabad is worth:

The per sq ft price in Golconda Fort area is Rs 4,718.

Total area of Golconda Fort: 3 sq kms

Total land cost of Golconda Fort: Rs 152 billion, approximately which translates into $2-billion, considering the current exchange rate.

This cost does not include the construction costs or any other premium which is usually attached with heritage structures.


The value of great buildings is a matter of great curiosity and interest to us. In our day-to-day lives, however, we may need to know the valuation of properties, for the purpose of sale, rent, etc. To find out the value of the property you are interested in, check out Housing.com’s Property valuation calculator.


Golconda Fort construction

Golconda, built in the 12th century, was originally a mud fort but was fortified later by the Bahmani Sultans between the 14th and 17th centuries. The fort later changed hands and the Qutub Shahi dynasty made it the capital of their kingdom.


Golconda Fort location

Source: Telangana Tourism official website


The inner fort still has ruins of palaces, mosques and a hilltop pavilion which rises about 130 metres high and gives a bird’s eye view of the other buildings.


Who made Golconda fort

Source: Telangana Tourism official website


Golconda in Telugu means ‘shepherd’s hill’, meaning Golla Konda, which according to local legend was about a boy who came across an idol here. The Kakatiya king then constructed a mud fort here, which was later taken over by the Bahamani kings.


Golconda Fort architecture

Source: Telangana Tourism official website

See also: All about the Agra Fort


The structure that you see today is built by the Qutub Shahi kings as they converted the mud fort into a massive granite fort extending 5 kms in circumference. It was in 1687 when Mughal emperor Aurangzeb took over the Golconda and left it in ruins.

The fort still has mounted cannons, drawbridges, gateways and majestic halls. The fort is also an engineering marvel as it has a number of acoustical features. For example, a person talking at the dome entrance can be clearly heard from the hilltop pavilion, which is almost one kilometre away.


Everything you need to know about Golconda Fort

Source: Telangana Tourism official website


Everything you need to know about Golconda Fort

Source: Telangana Tourism official website

See also: Top localities to invest in Hyderabad


Golconda Fort folklore

According to local folklore, Golconda used to be a famous diamond market, which used to attract merchants from across the world. In fact, the famous Koh-i-noor and Hope diamonds were stored here.


Everything you need to know about Golconda Fort

Source: Instagram


Everything you need to know about Golconda Fort

Source: Instagram


It is believed that there is a secret underground tunnel that connects the main ‘durbar hall’ and the one of the palace gates at the foot of the hill. Other folk tales also suggest that there is a secret tunnel to the Charminar.

The Naya Qila is the extension of Golconda Fort and has a residential area with many towers and a mosque.

There is a mining town in Arizona, US, which is named after Golconda, because it had mines like the ones found here, near the fort. There are two other towns in the US which were renamed to Golconda, because of the mines. Both of these are now ghost towns.

Check out properties for sale in Hyderabad



What is special about Golconda fort?

Golconda is known for diamond mines situated near the fort. In the ancient times, India had the only known diamond mines in the world.

Who built Golconda fort?

The Kakatiya dynasty built the mud fort in the 13th century, which was later transformed into a granite fort by Qutub Shah’s dynasty.

Where is Golconda fort located?

Golconda fort is located in Hyderabad.


Was this article useful?
  • 😃 (0)
  • 😐 (0)
  • 😔 (0)



Comments 0