Residential property registrations in Telangana down by 18 percent

25 Jan 2023 CW Team

According to Knight Frank, there were 68519 residential units registered in Hyderabad's four districts—Hyderabad, Medchal-Malkajgiri, Rangareddy, and Sangareddy in 2022, a decrease of 18 per cent year-on-year.

Additionally, these units' total sales value decreased by 10 per cent, a double-digit amount, to Rs 336,050 million. According to Knight Frank, residential units priced between Rs 2.5 and 5 million accounted for 54 per cent of all registrations in December 2022, up from 36 per cent in December 2021.

The market has reached its limit in terms of investors after a five-year run, so this year will be a transitional year. Sumanth Reddy, vice chairman of the National Association of Realtors, which is a real estate organisation that represents over 50,000 property brokers across the country, stated that investors must resell to generate liquidity and reinvest in the property while the end-user market continues to witness traction.

According to the most recent regulation data, demand for tickets costing less than Rs. 2.5 million decreased, falling to just 17 percent from 40 percent a year ago. Also, the share of properties with 1,000 square feet or more fell from 73 per cent in December 2021 to 70 per cent in December 2022.

Nevertheless, in December 2022, the weighted average prices of transacted residential properties increased by 16 per cent YoY. In December 2022, the Sangareddy district saw the largest YoY increase of 30 per cent, indicating that more homes of higher value were sold there during this time.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..