Hyderabad
Dec 2, 2024
Hyderabad leads the pack!
India's fastest-growing real estate market is none other than Hyderabad, according to the latest report by Knight Frank India. Here's why the city is making waves.
Phenomenal Growth
In Q3 2024, Hyderabad's residential property market saw 9,851 units sold, marking a 29% year-on-year increase! This is the highest growth rate among major Indian cities.
Demand for Luxury
Hyderabad’s real estate market isn’t just expanding; it’s upgrading. Over 53% of the homes sold in Q3 2024 were priced above ₹50 lakh, showing a growing appetite for luxury homes.
Affordability Meets Aspiration
Even with its rising luxury market, Hyderabad remains one of the most affordable metro cities in India. This balance of affordability and aspiration keeps the growth momentum strong.
What Makes Hyderabad Stand Out?
The city is powered by pro-business policies, excellent infrastructure (like the Outer Ring Road and Metro), a thriving IT sector, and top-tier social amenities like schools and hospitals.
How It Compares to Other Cities
While cities like Mumbai, Bengaluru, and Pune also showed growth in residential sales, Hyderabad’s 29% year-on-year increase outpaced them all. The city is redefining what urban housing growth looks like in India.
Looking Ahead
Hyderabad is more than just a regional player—it’s becoming a global city. With its strategic location, rapid industrialization, and booming real estate market, its future looks bright.
This growth is about more than real estate. It reflects Hyderabad’s economic stability, IT dominance, and livability. The city is setting an example for sustainable and planned urbanization.
💬 What do you think?
Have you seen Hyderabad’s transformation firsthand? What does this mean for India’s real estate market? Let’s discuss!