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Real Estate in Hyderabad: High-Value Properties Above 1 Crore Becoming the Norm Hyderabad's real estate market is witnessing a significant transformation, with an increasing number of high-value property transactions. Properties priced above Rs 1 crore are now the new normal, reflecting the strong momentum in India's housing sector. Surge in High-Value Property Transactions in Hyderabad A recent report titled “Real Insight Residential – January-March 2024” by PropTiger.com reveals a notable shift in Hyderabad's real estate market. Between January and March 2024, approximately 14,290 housing units were sold in Hyderabad, and 61 percent of these were priced over Rs 1 crore. Breakdown of Housing Units Sold in Hyderabad (January-March 2024) Over Rs 1 crore: 61% Rs 75 lakh – 1 crore: 17% Rs 45 lakh – 75 lakh: 18% Rs 25 lakh – 45 lakh: 4% This trend highlights the growing demand for premium properties in Hyderabad, indicating a shift towards luxury housing options. Strong Momentum in India's Housing Market The report also underscores the robust growth in India's overall housing market. In the first quarter of 2024, residential sales across the top eight cities increased by 30 percent, showcasing a remarkable 41 percent year-on-year growth in residential sales. This upward trend is a testament to the resilience and dynamism of India's real estate sector. Rising Demand for Premium Properties In an interview with The Pioneer, Vikas Wadhawan, the group CFO of PropTiger.com, emphasized the escalating demand for premium properties in the first quarter of 2024. He noted that the rising costs of land, construction, and inputs have made the once-luxurious threshold of Rs 1 crore more common in major cities. Homebuyers are increasingly seeking residences with modern amenities and spacious layouts, driving the demand for high-value properties. Evolving Preferences of Homebuyers The shift towards larger, amenity-rich homes is a key factor contributing to the uptrend in property prices. Today's homebuyers are more discerning, looking for homes that offer not just space but also a range of modern conveniences. This evolving preference is reshaping the real estate landscape, making high-value properties more desirable. Telangana Real Estate
  • June 19, 2024

61 % Properties priced above 1 cr Housing Units Sold in Hyderabad

Hyderabad’s real estate market is witnessing a significant transformation, with an increasing number of high-value property transactions. Properties priced above…
Hyderabad Regional Ring Road (RRR) project, Chief Minister A. Revanth Reddy has issued a compelling directive to officials. The focal point of this directive is the swift completion of land acquisition for the RRR within a stringent three-month timeframe. This proactive approach aims to expedite the overall development of the region, addressing both urban and rural needs. Urban Telangana Cluster: Revamping Infrastructure Inside the Outer Ring Road (ORR) Telangana Real Estate
  • January 16, 2024

Land Acquisition for Telangana RRR Development Revanth Reddy

In a bid to propel the progress of the Hyderabad Regional Ring Road (RRR) project Land Acquisition for Telangana RRR…
Telangana assembly elections, the BJP's financial strategies and the shadow team's role take center stage. The intricacies of fund allocation, grassroots empowerment, and the aftermath of the elections form a complex narrative. The unfolding events may not only shape the BJP's state dynamics but could also have wider implications on the national political landscape. Telangana Real Estate
  • January 16, 2024

BJP New Strategy for Telangana MP election 2024

Telangana BJP Elections Expenditure: An In-depth Analysis In the vibrant landscape of Telangana politics BJP New Strategy for Telangana MP…
Data from the Integrated Grievance Redressal (IGR) Telangana, compiled by Square Yards for Q4 2023 (October to December), highlights the vibrancy of the real estate market in Hyderabad. During this period, a total of 16,807 transactions took place, signifying robust activity across diverse micromarkets. West Zone Dominance The west zone, home to real estate hotspots like Gachibowli, Hitec City, Madhapur, and Manikonda, emerged as a powerhouse. Transactions in this zone totaled Rs 5383 crore, involving 8,058 transactions. Telangana Real Estate
  • January 13, 2024

The Rise of Hyderabad’s Real Estate Market: Unveiling Key Zones and Top Developers

Hyderabad’s IT Industry Drives Real Estate Boom The Rise of Hyderabad’s Real Estate Market: Unveiling Key Zones and Top Developers…
Telangana Wine Shop Tenders 2023 5000 Applications from 1 Company Telangana Real Estate
  • August 26, 2023

Telangana Wine Shop Tenders 2023 5000 Applications from 1 Company

The liquor industry, Telangana Wine Shop Tenders 2023 has always been a significant player in the business landscape, with its…
In conclusion, the interplay of economic policies, market dynamics, and consumer behavior orchestrates the symphony of housing affordability. The insights provided by Knight Frank's Affordability Index offer a compelling narrative of the evolving real estate landscape, reminding us of the delicate balance required to navigate the intricate corridors of housing affordability amidst a dynamic economic landscape. Telangana Real Estate
  • August 18, 2023

Most Affordable Housing Markets

Wealthy investors are increasingly drawn to the prospects offered by farmland investments, Most Affordable Housing Markets which present a unique…
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