When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
The 'India Market Monitor Q4 2024' report by CBRE highlights Hyderabad's growing influence in India's residential real estate sector, contributing significantly to the 63% of new unit launches driven by Mumbai, Pune, and Hyderabad. The city accounted for 13% of Q4 launches, reflecting a 10% quarter-on-quarter increase. Hyderabad's housing market witnessed robust growth across all segments, with rising demand for properties priced above INR 2 crore, fueled by its thriving IT economy, improved infrastructure, and progressive policies. Mid-end housing made up 40% of total sales, while luxury housing gained a 9% share in Q4. Industry leaders, including Anshuman Magazine of CBRE and Shishir Baijal of Knight Frank India, attribute Hyderabad's continued success to strong market fundamentals and increasing buyer interest in premium offerings. Looking ahead, Hyderabad is set to maintain its momentum as a key real estate hub in 2025 and beyond.
The CBRE 'India Market Monitor Q4 2024' report highlights Hyderabad's critical role in driving residential unit launches across India. The city contributed significantly to the 63% of new launches collectively led by Mumbai, Pune, and Hyderabad. This performance solidifies Hyderabad's position as a key metropolitan hub, shaping housing market dynamics and fuelling real estate growth. Hyderabad's residential market witnessed robust year-on-year growth, mirroring the national trend where sales exceeded 302,900 units for the second consecutive year.
In 2024, new residential launches surpassed 280,000 units, with Hyderabad alone accounting for 13% of Q4 launches, reflecting a 10% quarter-on-quarter increase. The city also recorded steady growth in sales and capital values across all segments, including mid-end, high-end, and luxury housing. Demand for properties priced between INR 2 crore and INR 4 crore, as well as those above INR 4 crores, surged, driven by an increased preference for premium and luxury offerings. Hyderabad's thriving IT-driven economy, enhanced infrastructure, and progressive policies drive this upward trend and attract both domestic and international buyers.
The preference for spacious, high-quality residences dominates Hyderabad's housing market. In 2024, the mid-end housing segment accounted for 40% of total sales, while the luxury housing segment achieved remarkable growth, securing a 9% share in Q4 alone. The festive season in late 2024 further accelerated sales, reinforcing Hyderabad's importance as a key market for real estate developers and investors. Anshuman Magazine, Chairman and CEO for CBRE India, South-East Asia, the Middle East, and Africa, highlighted Hyderabad's emergence as a vital player in India's real estate sector. He attributed the city's consistent performance to its robust fundamentals and increasing demand for premium housing.
Similarly, Shishir Baijal, Chairman and Managing Director of Knight Frank India, observed that Hyderabad continues to attract homebuyers across all segments, ranging from affordable to luxury. Kirthi Chilukuri, Founder and Managing Director of the Stonecraft Group, shared his perspective on Hyderabad's dynamic real estate landscape. He stressed the alignment of the city's growth with Stonecraft's vision of delivering innovative, high-quality real estate solutions. Stonecraft's recent expansion into assisted living represents a strategic initiative to meet the evolving needs of an ageing population. Chilukuri highlighted Hyderabad's supportive weather, excellent connectivity, and inclusive culture as ideal attributes for launching premium, managed living solutions.
As Hyderabad continues to anchor India's real estate boom, stakeholders remain optimistic about its sustained growth. With its diverse housing options, thriving IT ecosystem, and strategic developments, the city is well-positioned to maintain its momentum as one of the most dynamic real estate markets in the country, poised for continued success in 2025 and beyond.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023