Hyderabad real estate: High-end housing demand up; ₹1-2 crore units secure over 50% share
7 months, 3 weeks ago

Hyderabad real estate: High-end housing demand up; ₹1-2 crore units secure over 50% share

Hindustan Times  

Hyderabad’s high-end housing segment, comprising homes priced between ₹1-2 crore, has grown to account for almost half of the city’s residential sales and launches, a joint report by CBRE and CREDAI Telangana has said. High-end housing demand rises in Hyderabad; ₹ 1-2 crore units secure over 50% share According to the report, sales in the ₹1-2 crore segment, which held a 30% share till 2021, have increased to grab over 50% share starting 2022. “Telangana's proactive policy landscape has been a key catalyst for Hyderabad's burgeoning residential market…Expanded metro rail networks, improved connectivity through the ORR and RRR, and multi-modal transit systems have enhanced accessibility and boosted residential demand across the city,” said V Rajashekar Reddy, General Secretary, CREDAI Hyderabad. Hyderabad’s infrastructure growth fuels demand for upscale real estate projects According to the report, upscale neighbourhoods such as Jubilee Hills, Banjara Hills, Hitech City, Raidurg, and Kokapet have witnessed heightened sales activity for properties priced above ₹20 crore.

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