About 100,000 housing units unsold in Hyderabad
Real Estate

About 100,000 housing units unsold in Hyderabad

Many housing units in Hyderabad remain unsold as the real estate sector becomes more expensive. The unsold housing stock in the state capital is nearly 100,000, the highest in south India. According to PropTiger, an REA India-owned digital real estate transaction and advisory services platform, the unsold stock as of Q3 2022 are 99,090. The city has a 40-month unsold inventory, which is the second highest among all cities after Delhi (62 months overhang). The unsold stock was 82,000 in Q2, and it has now crept closer to 100,000 in Q3.

Also read:
Sisodia promises upgrade of five major Delhi roads
Major highway project in Arunachal set for completion: Gadkari

Many housing units in Hyderabad remain unsold as the real estate sector becomes more expensive. The unsold housing stock in the state capital is nearly 100,000, the highest in south India. According to PropTiger, an REA India-owned digital real estate transaction and advisory services platform, the unsold stock as of Q3 2022 are 99,090. The city has a 40-month unsold inventory, which is the second highest among all cities after Delhi (62 months overhang). The unsold stock was 82,000 in Q2, and it has now crept closer to 100,000 in Q3. Also read: Sisodia promises upgrade of five major Delhi roads Major highway project in Arunachal set for completion: Gadkari

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement