+
Hyderabad sees registration of homes worth Rs 22.37 bn in Oct
Real Estate

Hyderabad sees registration of homes worth Rs 22.37 bn in Oct

Hyderabad recorded registration of 4,597 units of residential property in October 2022, with the total value of properties registered at Rs 22.37 billion, according to Knight Frank India.

Since the beginning of the year, the city has seen registration of 56,003 residential units with a total value of Rs 275.09 billion, it said.

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

Shishir Baijal, chairman and managing director, Knight Frank India, said, “The rise in home loan interest rate in the last three quarters along with strong headwinds caused by the global geo-political tensions has started affecting the consumers. The Hyderabad market is also impacted, though it continues to remain appealing, and demand for larger homes remains promising.

“The city, which saw a significant rise in demand until mid of 2022, has seen a drop in registration in October 2022. While the lower ticket segment is affected, we expect that the higher value homes will continue to see momentum in the coming months, keeping the outlook for the city optimistic.”

Residential units in the price band of Rs 2.5-5 million constituted 51% of the total registrations in October 2022, which is an increase from 40% in October 2021. Demand in the under Rs 2.5 million ticket size however weakened, with its share constituting 22% compared to 35% a year ago.

Greater demand for larger ticket size homes remained evident as the cumulative share of sales registrations for properties with ticket sizes of Rs 5 million increased to 27% in October 2022 from 25% in October 2021.

See also:
Godrej Properties purchases 12 acre of land in Pune for building houses
With 340,000 unsold units in Mumbai, developers are under pressure


Hyderabad recorded registration of 4,597 units of residential property in October 2022, with the total value of properties registered at Rs 22.37 billion, according to Knight Frank India. Since the beginning of the year, the city has seen registration of 56,003 residential units with a total value of Rs 275.09 billion, it said. The Hyderabad residential market includes four districts: Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy. Shishir Baijal, chairman and managing director, Knight Frank India, said, “The rise in home loan interest rate in the last three quarters along with strong headwinds caused by the global geo-political tensions has started affecting the consumers. The Hyderabad market is also impacted, though it continues to remain appealing, and demand for larger homes remains promising. “The city, which saw a significant rise in demand until mid of 2022, has seen a drop in registration in October 2022. While the lower ticket segment is affected, we expect that the higher value homes will continue to see momentum in the coming months, keeping the outlook for the city optimistic.” Residential units in the price band of Rs 2.5-5 million constituted 51% of the total registrations in October 2022, which is an increase from 40% in October 2021. Demand in the under Rs 2.5 million ticket size however weakened, with its share constituting 22% compared to 35% a year ago. Greater demand for larger ticket size homes remained evident as the cumulative share of sales registrations for properties with ticket sizes of Rs 5 million increased to 27% in October 2022 from 25% in October 2021. See also: Godrej Properties purchases 12 acre of land in Pune for building housesWith 340,000 unsold units in Mumbai, developers are under pressure

Next Story
Infrastructure Transport

Second Mountain Tunnel Breakthrough in Palghar Advances High Speed Rail

The Mumbai-Ahmedabad high speed rail (MAHSR) project reached a milestone with the breakthrough of a mountain tunnel in Palghar, Maharashtra. Mountain tunnel MT-six measures 454 metres long and 14.4 metres wide and will accommodate up and down tracks. The breakthrough follows MT-five near Saphale on second January 2026 and the MT-six excavation was completed from both ends using the New Austrian Tunnelling Method. The ministry reported that the tunnelling was completed within 12 months. The New Austrian Tunnelling Method is favoured for its flexibility in complex geology and irregular tunnel s..

Next Story
Infrastructure Transport

Modi Government Pushes Atmanirbhar Container Drive With BCSL MoU

The Union Government advanced a plan to create an integrated, domestically anchored container ecosystem with the signing of a Memorandum of Understanding to establish the Bharat Container Shipping Line (BCSL). The MoU was signed by key agencies including the Shipping Corporation of India and Container Corporation of India alongside major port authorities and Sagarmala Finance Corporation Limited under the Ministry of Ports, Shipping and Waterways, in the presence of senior ministers. The initiative aligns with the Container Manufacturing Assistance Scheme announced in the Union Budget 2026–2..

Next Story
Infrastructure Urban

Ministry Reports Gains In Mobility For Marginalised Communities

The Ministry of Social Justice and Empowerment is implementing skill development, education and rehabilitation schemes to promote socio-economic mobility and sustainable livelihoods for marginalised and disadvantaged communities across the country. Programmes target Scheduled Castes, Other Backward Classes, Economically Weaker Sections, De-notified Tribes and Safai Karamcharis through specialised implementing corporations and empanelled training institutes. Pradhan Mantri Dakshata Aur Kushalta Sampann Hitgrahi Yojana, or PM-DAKSH, provided skill training and placement support through the Nati..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App