Tuesday, April 29

Hyderabad, April 17, 2025Hyderabad’s residential market saw an 8% year-on-year (YoY) drop in property registrations in March 2025, as per Knight Frank India. The city recorded 6,327 registrations, compared to 6,870 during the same month last year.

However, the total value of registered properties grew by 5%, rising from ₹4,275 crore to ₹4,471 crore. The rise came from a sharp increase in luxury housing sales.

Buyers purchased 1,213 homes priced above ₹1 crore in March, reflecting a 17% increase from last year. These transactions totaled ₹857 crore, contributing a 33% higher value share to overall sales.

Demand for larger homes also grew. Homes over 2,000 sq ft accounted for 16% of all registrations, up from 13% in March 2024.

Top Affordable Neighborhoods in Hyderabad for Budget Homes

The affordable segment (below ₹50 lakh) recorded a 14% decline in registrations. Sales of mid-range homes (₹50 lakh to ₹1 crore) also fell by 7%, with buyers closing 1,605 deals worth ₹1,134 crore.

Most Buyers Prefer 1,000–2,000 Sq Ft Homes

Buyers showed the strongest interest in 1,000–2,000 sq ft homes, which made up 68% of all registrations. The share of homes larger than 2,000 sq ft rose to 16%, showing growing interest in more spacious living.

Rangareddy District Leads Real Estate Activity

Rangareddy district led the market, capturing 47% of total registrations. Medchal-Malkajgiri followed with 40%, while Hyderabad district contributed the remaining 12%.

In March, the five highest-value transactions all involved homes larger than 3,000 sq ft, each priced over ₹5 crore. Four of these homes were located in West Hyderabad, reinforcing its position as a luxury property hotspot.

Shishir Baijal, Chairman and Managing Director of Knight Frank India, shared his thoughts:

“Hyderabad’s housing market is shifting toward premium living. The 19% YoY increase in ₹1 crore-plus home sales shows rising aspirations and deeper market confidence. Rangareddy drives this transformation with strong volume and value growth. But to sustain balanced growth, developers must also address affordable and mid-income housing demand.”

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