Hyderabad: Despite economic uncertainties and fluctuating demand, Hyderabad’s real estate market has demonstrated resilience, registering a 5% increase in property prices over the past year. According to data analytics firm PropEquity, the average cost per square foot in new projects across the city has risen from Rs 7,890 to RS 8,306, reflecting a steady upward trend in housing rates.
This price surge comes amid a broader national pattern, where major cities such as Kolkata (29% increase), Thane (17% increase), and Bengaluru (15% increase) have seen significant appreciation in property values. Meanwhile, Mumbai and Navi Mumbai recorded a marginal decline of 3%, making Hyderabad’s growth notable despite market uncertainties.
Over the past two financial years, Hyderabad witnessed a cumulative 5% growth, which, although moderate compared to Bengaluru’s striking 44% increase, underscores the city’s stable demand for residential properties. At the same time, overall housing sales have dipped by 23%, and new supply has fallen by 34%, raising questions about affordability and accessibility in the current market.
With Hyderabad continuing to expand as a commercial and IT hub, property prices are expected to maintain their upward trajectory, driven by infrastructure developments and sustained investor interest.
