Hyderabad Beats Other Top 7 Cities in Terms of Housing Sales | Nearby News
Home
Newsletters
Stories
Events
LifeStyle
Business
Administration
Politics
Entertainment
Startups

Hyderabad

Hyderabad Beats Other Top 7 Cities in Terms of Housing Sales
The real estate in the city is surely and swiftly seeing an upward curve in Q2 of 2022.
G
Guru Prasad
Hyderabad
Fri Apr 29 2022
share via :
Hyderabad Beats Other Top 7 Cities in Terms of Housing Sales
A -
A +

The real estate in the city is surely and swiftly seeing an upward curve in Q2 of 2022. The pandemic and the following lockdown and slowdown across the country and supply chain constraints haven't impacted the realty market in Hyderabad city, and it continues to do good business.


There have been new launches and improved sales in the post-COVID quarters, with 2021 seeing an all-time high in terms of yearly supply. According to a report by Anarock titled 'Riding the Rebound: Hyderabad Real Estate,' the sales increased almost three-fold in 2021 when compared to the past year, and 51,000 units were launched, which happens to be a 234 percent increase when came to yearly launches. Incidentally, Hyderabad also happens to be the most affordable residential market among the top seven cities, with an sq ft costing Rs 4450.


About 25,400 housing units were sold in 2021, which is a 197 percent growth against 2020. In the first quarter of 2022, which is till March, 13,140 units were sold, registering the highest sales growth of 199 percent among all top seven cities in 2021.


The report also says that the housing inventory overhang declined from 53 months in the first quarter of 2021 to 27 months in the same period in 2022. Given the various accelerators, Hyderabad has been on the interest radar of various stakeholders like investors, developers, and homebuyers. West Hyderabad saw major new launches in Q1 2022, accounting for 60 percent of the city's new supply, closely followed by north Hyderabad with 32 percent launches. East and south Hyderabad together saw 5 percent residential launches.


As for the pricing, the high-end segment accounted for 51 percent, followed by the mid-segment at 29 percent and 11 percent in the luxury housing segment.


Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City

FOLLOW US

Hyderabad Beats Other Top 7 Cities in Terms of Housing Sales
Hyderabad Beats Other Top 7 Cities in Terms of Housing Sales
Latest Articles
Phone And Twitter Helpline To Fight Food Adulteration!
Phone And Twitter Helpline To Fight Food Adulteration!
Survey: 40% Of City Folks Suffering From BP
Survey: 40% Of City Folks Suffering From BP
Summer Camp For Children Begins At Shilparamam
Summer Camp For Children Begins At Shilparamam
Woes of 10,000 Families Near Balkapur Nala to End
Woes of 10,000 Families Near Balkapur Nala to End
Demand for Properties Between Rs 25 to Rs 50 Lakh High
Demand for Properties Between Rs 25 to Rs 50 Lakh High
Tantalizing Your Taste Buds With City Idlis
Tantalizing Your Taste Buds With City Idlis
Medal Winning Doc, Beauty Pageant Winner, Now Films
Medal Winning Doc, Beauty Pageant Winner, Now Films
Traffic Challans On Whatsapp Very Soon!
Traffic Challans On Whatsapp Very Soon!
Changes To Metro Second Phase DPR?
Changes To Metro Second Phase DPR?
One Day Bandh Of Autos, Cabs, And Lorries On 19th
One Day Bandh Of Autos, Cabs, And Lorries On 19th
Related Articles
Demand for Properties Between Rs 25 to Rs 50 Lakh High
Demand for Properties Between Rs 25 to Rs 50 Lakh High
Gachibowli, the Uncrowned Western Zone of Hyderabad
Gachibowli, the Uncrowned Western Zone of Hyderabad
Corrupt Corporators  Extorting From House Builders
Corrupt Corporators Extorting From House Builders
Rs 12,000 Cr Properties Sold Between Jan-April in Hyderabad
Rs 12,000 Cr Properties Sold Between Jan-April in Hyderabad
Millennials Investing in Property as Future Plans
Millennials Investing in Property as Future Plans
Hyderabad Beats Other Top 7 Cities in Terms of Housing Sales
Hyderabad Beats Other Top 7 Cities in Terms of Housing Sales
25 to 35-year-olds Investing Big Time in Properties in Hyd
25 to 35-year-olds Investing Big Time in Properties in Hyd
My Home Pumps Rs 40,000 Crores For New Projects
My Home Pumps Rs 40,000 Crores For New Projects
City-based Cousins’ Okno Modhouses Makes Sustainable Houses
City-based Cousins’ Okno Modhouses Makes Sustainable Houses
Retail Leasing on a High Note Post Pandemic in Hyderabad
Retail Leasing on a High Note Post Pandemic in Hyderabad
Hyderabad Realty on Rebound, Prices Match Demand
Hyderabad Realty on Rebound, Prices Match Demand
Abolition of GO 111 – Realtors Ask Govt to Develop Eco-friendly Infrastructure
Abolition of GO 111 – Realtors Ask Govt to Develop Eco-friendly Infrastructure
Now is a Good Time to Invest in Realty in Southern Part of the City
Now is a Good Time to Invest in Realty in Southern Part of the City
Realty in Hyderabad: Reaching for the Sky
Realty in Hyderabad: Reaching for the Sky
Hyderabad's Aparna Constructions Planning Big in South India
Hyderabad's Aparna Constructions Planning Big in South India
Construction Of Houses Increase Drastically In Greater
Construction Of Houses Increase Drastically In Greater
Subscribe to our Newsletter
Get your local newspaper delivered to your Email at 7am everyday
Select City
Select City
logo
hi@nearbynews.in
Gachibowli, Hyderabad - 500032
nearby news © - 2022