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Homebuyer’s Guide To Hyderabad

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Homebuyer’s Guide To Hyderabad
Homebuyer’s Guide To Hyderabad
OLM Desk - 30 September 2022

The “City of Nizams” saw the launch of 15,000-plus new housing units in Q2 2022, accounting for 20 per cent of new residential launches. This was on expected lines given the undeterred growth it has witnessed of late. While the supply rose by 35 per cent year-on-year (y-o-y), the number of new launches remained stable, on a quarterly basis. Given its firm housing demand, Hyderabad could position itself as one of the most sought-after destinations for homebuyers. About 71 per cent of listings were for properties worth less than Rs 60 lakh. A major chunk of premium property supplies came from Kondapur, Miyapur, and Adibatla. For mid-segment properties, Bhongiri Warangal Highway, Shadnagar, Ghatkesar, had the highest options. Over 50 per cent of the inventory and demand in Q2 were restricted to 2BHK configurations, with 3BHK and above configurations witnessing a slight increase.

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