Thursday, March 20, 2025
More
    HomeTelanganaPremium Home Registrations in Hyderabad Rise by 1% While Overall Market Drops...

    Premium Home Registrations in Hyderabad Rise by 1% While Overall Market Drops 16%

    Related stories

    Café Niloufer Opens India’s Largest Tea Café in Hyderabad

    Hyderabad has a new attraction for tea lovers! Café...

    Hyderabad Man Arrested for Selling Spoiled Sheep and Goat Offal

    A man has been arrested for illegally storing and...

    Hyderabad’s Mega Master Plan 2050 Revealed in Telangana Budget

    Telangana Deputy Chief Minister Bhatti Vikramarka presented the state’s...

    Hyderabad to Vietnam Direct Flights Launched with Twice-Weekly Service

    GMR Hyderabad International Airport Ltd. (GHIAL) has launched direct...
    -Advertisement-

    Hyderabad’s real estate market is witnessing a shift, with home registrations for properties priced above Rs. 1 crore increasing by 1% compared to last year. However, the total number of property registrations has dropped by 16% when compared to the same period in 2024.

    A report by Knight Frank India shows that in February 2025, high-end homes priced at Rs. 1 crore and above made up 18% of all property registrations. While demand for premium homes has grown, the registrations of more affordable homes have declined. In particular, properties priced below Rs. 50 lakh, which form the largest segment, saw a 20% decrease in registrations.

    - Advertisement -

    The report highlights that more buyers are now opting for upscale properties in Hyderabad. This trend suggests a shift in preference towards larger and more luxurious homes, even though the demand for budget-friendly housing is falling.

    Market Breakdown

    In February 2025, homes ranging between 1,000 and 2,000 square feet were the most popular, making up 67% of all property registrations. Additionally, the share of homes larger than 2,000 square feet grew slightly, rising from 13% in February 2024 to 17% in 2025.

    - Advertisement -
    Also read:  Telangana's Caste Survey Raises Concerns Over Foreign Influence in Policy Making

    Despite the overall decline in property registrations, the market is showing signs of recovery. Hyderabad recorded over 5,900 property registrations in February 2025, marking a 13% increase in revenue compared to the previous month.

    Regional Insights

    At the district level, Rangareddy led in property registrations, accounting for 44% of the total. Medchal-Malkajgiri followed with 41%, while Hyderabad district contributed 15%.

    Registration Trends: 2025 vs. 2024

    January: 5,444 registrations in 2024 vs. 5,464 in 2025 (up by 0.4%)
    February: 7,135 registrations in 2024 vs. 5,988 in 2025 (down by 16%)

    Registration Value Comparison (Rs. Crore)

    January: Rs. 3,293 crore in 2024 vs. Rs. 3,463 crore in 2025 (up by 5%)
    February: Rs. 4,362 crore in 2024 vs. Rs. 3,925 crore in 2025 (down by 10%)

    Although overall registrations have declined, the increasing demand for premium homes suggests that buyer preferences in Hyderabad’s real estate market are evolving.

    - Advertisement -
    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
    Latest News from Hyderabad, Telangana, India & World!

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here