Northwest Hyderabad’s Property Market Booms with Record Sales in 2024
Real Estate

Northwest Hyderabad’s Property Market Booms with Record Sales in 2024

Hyderabad’s real estate market experienced significant growth in 2024, with the northwest region emerging as the city’s most dynamic property hotspot. Data released by CREDAI Hyderabad in collaboration with CRE Matrix revealed that the city recorded sales of 65,177 residential units, amounting to Rs 1.13 trillion. Of these, northwest Hyderabad alone accounted for nearly 70 per cent, with sales of 45,405 units valued at Rs 719.26 billion. This surge highlights the increasing demand for residential properties in key areas such as Madhapur, Miyapur, Manikonda, Serilingampally, Tellapur, Narsingi, Patancheru, and Gandi Maisamma. 
While northwest Hyderabad led the market, other regions also contributed to the city’s real estate momentum, albeit at a comparatively lower scale. In the southwest, which includes Katedan and Balapur, 9,109 units were sold, amounting to Rs 293.42 billion. Meanwhile, northeast Hyderabad recorded sales of 6,279 units valued at Rs 71.47 billion, whereas the southeast, which saw the lowest figures, registered 4,384 unit sales worth Rs 55.22 billion. Despite these disparities, the overall market remained robust, driven by strong demand and continued infrastructure development. 
The rapid expansion of northwest Hyderabad’s property market can be attributed to its growing commercial and IT hubs, attracting both investors and homebuyers. With several multinational corporations and technology firms establishing operations in the region, the demand for residential spaces has surged. Proximity to key employment zones, improved road and metro connectivity, and the presence of reputed educational institutions have further enhanced its appeal. Additionally, upcoming infrastructural projects such as expressways, IT parks, and business districts continue to drive property appreciation, making it a prime choice for both end-users and investors. 
Hyderabad’s real estate sector remains one of India’s most resilient markets, benefitting from a stable regulatory environment, business-friendly policies, and an increasing influx of professionals. Compared to other metropolitan cities, Hyderabad continues to offer relatively affordable housing options, making it attractive for first-time buyers and long-term investors alike. With a steady rise in property values and rental yields, the city is cementing its position as a leading real estate destination. As urban expansion continues, the northwest corridor is set to play a pivotal role in shaping Hyderabad’s future as a high-growth metropolitan hub.   

Hyderabad’s real estate market experienced significant growth in 2024, with the northwest region emerging as the city’s most dynamic property hotspot. Data released by CREDAI Hyderabad in collaboration with CRE Matrix revealed that the city recorded sales of 65,177 residential units, amounting to Rs 1.13 trillion. Of these, northwest Hyderabad alone accounted for nearly 70 per cent, with sales of 45,405 units valued at Rs 719.26 billion. This surge highlights the increasing demand for residential properties in key areas such as Madhapur, Miyapur, Manikonda, Serilingampally, Tellapur, Narsingi, Patancheru, and Gandi Maisamma. While northwest Hyderabad led the market, other regions also contributed to the city’s real estate momentum, albeit at a comparatively lower scale. In the southwest, which includes Katedan and Balapur, 9,109 units were sold, amounting to Rs 293.42 billion. Meanwhile, northeast Hyderabad recorded sales of 6,279 units valued at Rs 71.47 billion, whereas the southeast, which saw the lowest figures, registered 4,384 unit sales worth Rs 55.22 billion. Despite these disparities, the overall market remained robust, driven by strong demand and continued infrastructure development. The rapid expansion of northwest Hyderabad’s property market can be attributed to its growing commercial and IT hubs, attracting both investors and homebuyers. With several multinational corporations and technology firms establishing operations in the region, the demand for residential spaces has surged. Proximity to key employment zones, improved road and metro connectivity, and the presence of reputed educational institutions have further enhanced its appeal. Additionally, upcoming infrastructural projects such as expressways, IT parks, and business districts continue to drive property appreciation, making it a prime choice for both end-users and investors. Hyderabad’s real estate sector remains one of India’s most resilient markets, benefitting from a stable regulatory environment, business-friendly policies, and an increasing influx of professionals. Compared to other metropolitan cities, Hyderabad continues to offer relatively affordable housing options, making it attractive for first-time buyers and long-term investors alike. With a steady rise in property values and rental yields, the city is cementing its position as a leading real estate destination. As urban expansion continues, the northwest corridor is set to play a pivotal role in shaping Hyderabad’s future as a high-growth metropolitan hub.   

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code