If you are seeking affordable short-term or long-term accommodation only in the purview of Hi-Tec City, then Sri Sai Cyber Guest House (it is only one-and-a-half kilometers away from Hi-Tec City) offers great value for money.
Located inside the peaceful, scenic confines of White Fields (they have another branch further away, at Kavuri Hills, Madhapur), Cyber Guest House, as it is commonly referred to, has three types of air-conditioned accommodation for all kinds of travelers - luxury suites, deluxe rooms and executive rooms.
Done up in shades of cream and off-white, each of these is airy, sunlit and modestly furnished. They are all equipped with the basic facilities so crucial to a traveler's comfort; TV sets (with satellite cable connection), 24-hour hot water supply, mini-refrigerators etc. The bathrooms have an unexpected luxury - bathtubs. 24-hour room service, laundry and dry cleaning services can also be availed of, among other services.
The guest house serves breakfast, lunch and dinner, but only during fixed hours, which may inconvenience some guests. However, the spread is wide (they apparently serve Indian and continental fare), and the food is wholesome. The management is keen to cater to individual tastes, too; if you want a specific non-vegetarian dish, for example, it can be prepared as per your directions. You can burn off any indulgences at their health club, or just swim ferociously in their outdoor pool.
The benefits at Cyber Guest House seem to outweigh the asking prices. An executive room here costs a mere Rs. 950 (for a single occupancy; Rs. 1,050 for a double occupancy) per 24 hours, a deluxe room Rs. 1,350 and Rs. 1,500 (single and double occupancy respectively), and a luxury suite Rs. 1,800 and Rs. 2,000 (single and double occupancy, respectively). Children under the age of 3 can stay free of cost (there is a play park for them, too).
Cyber Guest House also wins over several other guesthouses for another convenience - you can book a room here a week prior to your requirement. Many guesthouses accept reservations a minimum of 2 weeks in advance only, such as
At Home Serviced Apartments. Then again, if you can cancel your booking before 48 hours from your check-in, Cyber Guest House charges you Rs. 300, too.