Hyderabad’s real estate market has been growing steadily, with a surge in demand for residential and commercial properties. However, despite a steady rise in property prices, driven by factors such as the growing demand for housing, the city’s strong economic growth, and all-around infrastructure development, Hyderabad remains an affordable city to buy property when compared to six other top metros in the country.
A recent report by property consultant Anarock compared the average property prices in Delhi-NCR, Kolkata, Mumbai, Pune, Hyderabad, Chennai and Bengaluru. It found that the average property price in Hyderabad is INR 4,620 per sq ft, significantly lower than other cities’ average property prices.
The state government’s efforts to develop infrastructure and improve connectivity have played a significant role in boosting the real estate sector. The city is also home to several major IT companies.
