Hyderabad sees record home registrations in November
HYDERABAD: Hyderabad’s real estate market remains firm, driven by supportive government policies, execution of key projects, competitive pricing, improved infrastructure and a cosmopolitan culture.
In November, 6,923 residential units were registered in the city, with a total transaction value of ₹4,904 crore. This was the highest monthly registration count this year.
According to a latest report by Knight Frank India, average property prices rose by 9% during the period.
In November last year, 5,528 properties worth ₹3,504 crore were registered. Registrations were 25% higher year-on-year and 12% higher compared with October, while the value of registered properties jumped 40% over the same month last year.
Larger homes in focus
Buyers are increasingly opting for spacious homes. Units measuring over 2,000 sq ft accounted for 17% of registrations in November.
By size category, 1,000–2,000 sq ft homes dominated with a 67% share, followed by 500–1,000 sq ft units at 14%, while homes below 500 sq ft accounted for 2%.
Luxury segment leads
Demand for premium housing continues to rise. Luxury homes formed 87% of registrations in November.
Properties priced above ₹1 crore saw 1,487 units registered, valued at ₹2,491 crore. Homes priced between ₹50 lakh and ₹1 crore accounted for 1,735 units worth ₹1,244 crore, while 3,701 units priced below ₹50 lakh were registered with a combined value of ₹1,169 crore.
