Over 26,000 properties registered between January-April in Hyderabad: Report

According to the latest report by Knight Frank India, residential property registrations in Hyderabad reached 6,578 units in April 2024 marking a 46% year-on-year increase.

Published - May 18, 2024 06:05 pm IST - HYDERABAD

Knight Frank India in its latest report has reported that Hyderabad registered 26,027 properties in the first four months of 2024, with a total value of ₹16,190 crore. This represents a 15% year-on-year (YoY) increase in registrations and a 40% YoY increase in total value compared to the same period last year.

The surge in registrations in 2024 has been driven by higher-value homes, particularly those priced at ₹1 crore and above, which saw a 92% YoY increase. Mid-segment homes, priced between ₹50 lakh and ₹1 crore, also experienced a 47% YoY rise.

According to the data, in April 2024, residential property registrations in Hyderabad reached 6,578 units, marking a 46% YoY increase. The value of these properties totalled ₹4,260 crore, showing a 86% YoY rise. Homes valued below ₹50 lakh saw a 4% YoY decline in registrations, while homes priced over ₹1 crore surged by 92%. The overall value of registered homes has increased across all segments. Even in the affordable housing category (homes priced at ₹50 lakh and below), there was a 17% YoY increase in value despite a 4% decline in registrations. Homes priced above ₹1 crore saw a 135% YoY increase in value on a year-to-date (YTD) basis.

In April 2024, most registered properties in Hyderabad ranged from 1,000 to 2,000 square feet, accounting for 70% of all registrations. Demand for smaller homes (below 1,000 square feet) decreased, with registrations dropping to 16% in April 2024 from 20% in April 2023. Conversely, demand for larger properties (over 2,000 square feet) increased, with registrations rising to 15% in April 2024 from 10% in April 2023. At the district level, Rangareddy led with 45% of registrations in April 2024, up from 39% in April 2023. Medchal-Malkajgiri and Hyderabad district accounted for 39% and 16% of the total registrations, respectively.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.