Hyderabad property registrations down 14% in January 2026
HYDERABAD: Hyderabad’s residential real estate market slowed in January 2026, with property registrations down 14% year-on-year, according to Knight Frank India.
In January, 2,917 homes worth Rs 4,686 crore were registered, which is 16% less in value than January 2025. This drop happened mostly because fewer expensive homes were sold, even though this part of the market had grown a lot the year before.
Sales of homes costing more than Rs 1 crore dropped 17% from last year to 684 homes, down from 823 last January. Even with fewer sales, these expensive homes made up 44% of the total money spent, even though they were only 15% of all homes sold.
“January 2026 reflected a measured moderation in Hyderabad’s residential registrations, with overall volumes declining 14% year on year,” said Shishir Baijal, Chairman and Managing Director, Knight Frank India. “This was largely driven by a 17% drop in registrations of homes priced above ₹1 crore, a segment that had recorded sustained premium-led growth through 2025. Despite this normalization in volumes, the segment continued to command 44% of the total transaction value while accounting for 15% of overall registrations, highlighting the continued depth of demand for higher-value housing in the market.”
Rangareddy district, which has usually been important for expensive home sales in Hyderabad, saw its share of registrations drop from 41% in January 2025 to 34% in January 2026. The number of homes registered in the district fell 27% from last year, adding to the overall slowdown.
Luxury Home sales fall 17%
Well-known areas like Gachibowli and Kondapur kept attracting buyers for expensive homes. Four of the five biggest sales in January 2026 happened in the western part of Rangareddy.
The middle price range of homes slowed down the most. Sales of homes costing between Rs 50 lakh and Rs 1 crore fell 27% from last year to 991 homes. Their share of all sales dropped from 25% to 21%, and their share of the total money spent went down from 28% to 24%.
The lower-priced homes (under Rs 50 lakh) stayed strong, with sales dropping only 8%. Their share of all sales went up from 60% to 64%, showing that demand for cheaper homes is still steady.
Medchal-Malkajgiri district accounted for 46% of registrations in January 2026, up from 45% the previous year. Hyderabad district’s share increased from 14% to 19%, while Sangareddy contributed 1%.
Homes between 1,000 and 2,000 square feet were the most popular, making up 65% of all sales. Homes larger than 2,000 square feet made up 14% of sales.
The average price of homes went up 1% from last year to Rs 4,254 per square foot. Rangareddy district had the biggest price increase at 8%, showing it is becoming more important for new homes and businesses. Hyderabad district saw a 2% increase to Rs 4,550 per square foot.
Demand for luxury homes stayed strong at the top of the market. The five biggest sales in January 2026 were all for homes costing more than Rs 6 crore, with the highest at Rs 7.67 crore in Kothaguda. All these homes were over 3,000 square feet, showing that people are still interested in large, high-end homes even though the market has slowed down overall.
