Hyderabad Real Estate Achieves 7% Growth in Registrations, with 76,613 Units Sold in 2024 Despite Year-End Dip

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In 2024, Hyderabad’s real estate market is doing real good! Knight Frank India said that total sale registrations in the city stood at 7 percent YoY, while the transaction value increased 23 percent YoY to Rs 1,241 crore. The total number of registered homes was 76,613, while 2023 had 71,912 and 2022 had 68,519. Talk about a steady climb!
The city focused on December 2024, where 5,805 properties were registered. It was a 5% month on month (MoM) increase, but it was also down 20% year on year (YoY) on what we saw in December last year. The total value of homes registered that month came in at ₹3,590 crore — a slim 2 percent rise from the month prior but 15 percent lower year on year.
Among the areas, we find that Medchal-Malkajgiri district overtook the race with 42 per cent of the total registrations. Rangareddy came very close (41%) while Hyderabad district accounted for 17%. No doubt, the city’s expansion is covering many districts beyond and around the city.
The market had pricing for everyone. Almost half of buyers (45,605 registrations) went for properties below Rs 50 lakh. Of the 19,964 sales on high priced homes, 19,964 were in the ₹50 lakh to ₹1 crore band, while 11,044 got registered for high end homes above ₹1 crore. It is shown by this range that Hyderabad has something for a lot of different kinds of buyers.
Now, what about home sizes? Families are keeping it simple with most registrations, 69 percent, being for homes in that 1,000 square to 2,000 square foot range, a common size for most families. Fourteen percent of the sales were smaller homes from 500 to 1,000 square feet, and 11 percent were larger homes between 2,000 and 3,000 square feet. A paltry 3 per cent were tiny homes under 500 square feet while the huge ones, those above 3,000 square feet, each managed 3 per cent of the total.
Knight Frank India Chairman and Managing Director, Shishir Baijal summed it up well with, ‘Hyderabad’s real estate market has been on an upside slope in 2024, being solid and flexible.’ Affluent buyers’ confidence in its thriving residential market is reflected by the sustained momentum in the high value segment.
Hyderabad has been proving just how much the city is loved when it comes to real estate, whether you’re looking to peel off a few peanuts or to invest big money into a luxurious residence!

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