Housing market sees 3% growth in transaction value

Metro India News | Hyderabad 

Hyderabad's residential property market remained largely stable during January–October 2026, with registration volumes declining marginally by 1% year-on-year (YoY), even as transaction value increased by 3% to Rs.44,305 crore, according to Knight Frank India's latest assessment. The city recorded 61,033 residential property registrations during the first 10 months of 2026.

However, October witnessed 5,318 registrations, marking a 14% YoY and 5% month-on-month decline. The slowdown coincided with the Pitru Paksha period, when some buyers traditionally defer property transactions. Premium housing continued to drive market value growth. Homes priced above Rs.1 crore accounted for 51% of the total transaction value during January–October, compared with 50% a year ago, while contributing 20% of registrations.

In October, premium properties accounted for 59% of transaction value despite representing just 25% of registrations. The weighted average residential property price rose 10% YoY to Rs.5,184 per sq. ft., with Sangareddy recording the highest price appreciation at 25%.

Rangareddy district dominated registrations with a 52% share, followed by Medchal-Malkajgiri at 29%, Hyderabad at 18% and Sangareddy at 1%. Shishir Baijal, Chairman and Managing Director of Knight Frank India, said the growth in transaction value reflected the increasing contribution of higher-ticket housing, indicating a gradual shift towards premium properties in Hyderabad's residential market.