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stamp duty revenue: Hyderabad real estate market achieves record stamp duty revenue despite rising prices

Hyderabad, Indias largest property market, has seen a record-setting surge in stamp duty revenue collection in November, with property registrations rising by 25% YoY to over 6,268 deals. The total value of properties registered stood at Rs 3,741 crore, a 29% YoY increase. The Reserve Bank of Indias decision to maintain stable interest rates since April 2023 has bolstered homebuyer confidence in Hyderabad, leading to consistent growth in sales.
Andhra Pradesh Vineet Surana Knight Frank Shishir Baijal Prestige Group Reserve Bank

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