In January 2023, there will be around 2,500 fewer listings on the Hyderabad residential property market than at the same time last year. Collections are also down year-on-year, according to 26D44. Knight Frank, a Mumbai-based real estate consultant, said in his India annual valuation report on Friday that the market was “absolutely stable in the middle-income segment from Rs 250,000 to his Rs 50,000”. said
Despite rising prices and interest rates, these buyers have the financial confidence to make long-term commitments, she said.4,444 of her 4,872 total residential units registered last month, 54 The door was targeted at middle-income buyers.
Reading the registration by apartment size, 71% were 1,000- to 2,000-square-foot units. That number was 72% in January 2022.
As with last year, Medchal-Malkajgiri district led the registrations with 41%, followed by Rangareddy (35%), Hyderabad (15%), and Sangareddy (8%). The
report made a startling observation about Sangareddi. In January 2023, the district experienced a 48% year-over-year surge in transactional home prices.
Demand for houses sized between 2,000 and 3,000 square feet and above 3,000 square feet remained around 7% and 2%, respectively, with demand for large houses priced above 2 kroner continuing.
