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 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?