Knight Frank India, a leading independent global property consultant, noted that
Hyderabad recorded registrations of 6,493 residential properties in August
2023, noting a rise of 15 per cent year-on-year and 17 per cent month-on-
month, while the total value of properties registered during the month stood at
INR 3,461 crore which has also increased by 22 percent y-o-y and 20 percent
m-o-m.
The Hyderabad residential market includes four districts, namely Hyderentabad,
Medchal-Malkajgiri, Rangareddy and Sangareddy. In August 2023, the highest
proportion of property registrations in Hyderabad was in the price range of INR
25 to 50 lakh, accounting for 52 per cent of the total registrations.
The demand for properties in August 2023 was largely concentrated in the range
of 1,000-2,000 sq ft, with size category accounting for 70 per cent of
registrations. There was also an increase in demand for smaller homes (500-
1,000 sq ft), with registrations for this category rising to 16 per cent during
August 2023 from 15 percent in August 2022.
Residential sales in Hyderabad during August 2023 were mainly within
properties sized 1,000-2,000 sq ft whereas the price range of INR 25-50 lakh
accounted for the highest registrations.
