Hyderabad's Jubilee Hills is making waves in real estate!:

Ultra-luxury home sales hit ₹80 Cr in just the first 8 months of 2024.

Here's a breakdown of this booming segment:

1.) According to ANAROCK reports, Hyderabad is part of the elite club driving India's luxury housing market. Across cities like Mumbai, Hyderabad, Gurugram, and Bengaluru, 25 ultra-luxury homes were sold between Jan-Aug 2024.

2.) The total value of these deals? A whopping ₹2,443 Cr! Of this, Mumbai leads with 84% share, clocking in 21 deals worth ₹2,200 Cr.

But Hyderabad is carving its niche with Jubilee Hills leading the charge.

3.) Why Jubilee Hills?

This area has always been synonymous with opulence and exclusivity. Two major deals this year alone underscore its appeal to high-net-worth individuals looking for premium living spaces.

4.) A quick comparison:

In all of 2023, Mumbai, Hyderabad, and Gurugram together saw 61 ultra-luxury deals, worth ₹4,456 Cr. The momentum in 2024 shows that demand for such properties isn't slowing down anytime soon.

5.) Takeaway:

Hyderabad, particularly Jubilee Hills, is becoming a hotbed for ultra-luxury real estate. Whether you’re a buyer or an investor, keeping an eye on this market is essential.