Reports: Hyderabad Real Estate Up Or Down? How Is The Trend?
West Hyderabad continues to attract residential and office demand, with Tellapur and Kollur emerging as key housing corridors.
Hyderabad has been one of the strongest real estate markets, not just in South India, but also all of India for the last few years. The kind of urban development that has been happening within the city premises has been pretty extraordinary in nature.
Now we are witnessing something very interesting as Hyderabad real estate market is one of the fastest evolving in all of India.
Reportedly Hyderabad real estate is entering a new growth phase as Raidurg land hits a staggering ₹264 crore per acre, while regional ring road North moves closer to Cabinet approval with 95% land acquisition completed.
West Hyderabad continues to attract residential and office demand, with Tellapur and Kollur emerging as key housing corridors.
Hyderabad’s rental market is also evolving through co-living, while premium housing drives sales across major cities. MMTS expansion could unlock new growth nodes across Tellapur, Kollur, Patancheru and Shankarpally.
According to reports, Hyderabad sold 13,100 apartment flats between April and June this year while the equivalent number for the same period, last year was around 11,000. It is an indication that the real estate market is very much buzzing in Hyderabad and there’s no slow down as such.
The first development of the IT corridor in the city and the subsequent expansion of the urban residential properties has been creating a strong push in the real estate market.
However, there have been complaints about the growing prices of the urban real estate in the city with the apartment prices touching massive peaks already.