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 To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?