Samson Arthur News Today

Experts say this may be due to several reasons, including a shift in homebuyers real estate preferences and the rising construction costs in the city amid a global recessionary market.

Experts say the real estate demand in the city has gone well past pre-pandemic levels. Data shows that pre-Covid, rentals in Hyderabad were already higher than those in Bengaluru.

Hyderabad saw a 26% year-on-year rise in registration of residential properties in July 2023, with 5,557 properties registered. The total value of these registrations rose 35% year-on-year to Rs 2,878 crore. The market was largely concentrated on properties priced between Rs 25-50 lakh, and in the size range of 1,000-2,000 square feet.

Residential sales in Hyderabad during May were mainly within properties sized 1,000-2,000 sq ft, whilst the price range of Rs 25 – 50 lakhs, accounted for the highest registrations.

Hyderabad Real Estate: In April 2023, the share of registrations in the category of properties sized 500 – 1,000 square feet (sq ft) stood at 17%.

Residential registrations in Hyderabad increased by 32 per cent month on month (MoM) basis during November 2022, Knight Frank India noted in the latest assessment.The city recorded registrations of 6,119 units of residential properties in ...

News items from the local area

January 06, 2021 Office space investments offer stable annual cash flow and capital appreciation thereby offering attractive returns for HNIs Office space investments offer stable annual cash flow and capital appreciation thereby offering attractive returns for HNIs× Office transactions in the top eight cities grew to 17.5 mn sq ft in Q4 2020 as against 4.7 mn sq ft in Q3 2020 The country’s office market in the top eight cities recorded 22.2 mn sq ft transactions in the second half (H2) of 2...