ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

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.