30 October 2024
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Despite Covid-induced disruptions, the Hyderabad housing market has been resilient and flexible in the past two years. Growing infrastructure and employment opportunities in the city are some of the reasons behind the housing demand. About 22 per cent of the total new residential units launched in the top six cities during Q4, 2021 were in Hyderabad. Peripheral locations attract high demand from home buyers as well as major developers. Nearly 75 per cent demand has been for properties priced less than Rs 60 lakh. With the recent rise in home prices and appreciation in the average prices per square feet, Hyderabad may soon turn into one of the most expensive housing markets.
