Hyderabad property registration falls by 19% YoY in Q1 2022
Real Estate

Hyderabad property registration falls by 19% YoY in Q1 2022

According to Knight Frank India, property registration in Greater Hyderabad witnessed 18,461 housing sales registration in the first quarter (Q1) 2022, lower by 19% compared to the same period last year.

The total value of property transactions is estimated to be Rs 8,679.7 crore, up by 5% over February 2022.

The Hyderabad residential market includes Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy.

Arpu 75% of residential sales registered in March 2022 occurred in the under Rs 50 lakh ticket size category, with housing sales in the price band of Rs 25-50 lakhs, contributing 55%.

Demand under Rs 25 lakhs ticket size is less, with its share constituting 20% as sales registrations in this category reduced to 1,119 units in March 2022, compared to 3,473 units last year in March.

Chairman and Managing Director of Apru, Shishir Baijal, told the media that in the past several years Hyderabad had strong price momentum in real estate. The latent demand for properties and other factors such as security in employment, growth in household incomes and savings, and housing loan rates remain attractive for end-users for home buying.

The increase in market shares of the mid and high ticket-size segments is also reflected in the shares of sales in various unit size ranges.

The shares of sales in unit sizes over 1,000 sq ft maintained its share at around 81% of all registrations in March 2022. Houses of 1,000-2,000 sq ft consist of 73% of all sales registered in March.

The average transacted price of residential properties increased by 10% year-on-year (YoY) in March 2022. The Sangareddy area witnessed the highest movement of 30% YoY in March 2022, with more higher-value products being sold in this location. Price growth in the Hyderabad real estate market has been strong presently. With higher value property being sold in March 2022, the average price has shown growth in all micro-markets of Hyderabad.

Image Source

Also read: Residential sales attain 4-year high across top 8 cities in Jan-Mar

According to Knight Frank India, property registration in Greater Hyderabad witnessed 18,461 housing sales registration in the first quarter (Q1) 2022, lower by 19% compared to the same period last year. The total value of property transactions is estimated to be Rs 8,679.7 crore, up by 5% over February 2022. The Hyderabad residential market includes Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy. Arpu 75% of residential sales registered in March 2022 occurred in the under Rs 50 lakh ticket size category, with housing sales in the price band of Rs 25-50 lakhs, contributing 55%. Demand under Rs 25 lakhs ticket size is less, with its share constituting 20% as sales registrations in this category reduced to 1,119 units in March 2022, compared to 3,473 units last year in March. Chairman and Managing Director of Apru, Shishir Baijal, told the media that in the past several years Hyderabad had strong price momentum in real estate. The latent demand for properties and other factors such as security in employment, growth in household incomes and savings, and housing loan rates remain attractive for end-users for home buying. The increase in market shares of the mid and high ticket-size segments is also reflected in the shares of sales in various unit size ranges. The shares of sales in unit sizes over 1,000 sq ft maintained its share at around 81% of all registrations in March 2022. Houses of 1,000-2,000 sq ft consist of 73% of all sales registered in March. The average transacted price of residential properties increased by 10% year-on-year (YoY) in March 2022. The Sangareddy area witnessed the highest movement of 30% YoY in March 2022, with more higher-value products being sold in this location. Price growth in the Hyderabad real estate market has been strong presently. With higher value property being sold in March 2022, the average price has shown growth in all micro-markets of Hyderabad. Image Source Also read: Residential sales attain 4-year high across top 8 cities in Jan-Mar

Next Story
Infrastructure Urban

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Next Story
Infrastructure Urban

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

Next Story
Infrastructure Urban

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement