Hyderabad: Hyderabad home registrations fell 14% year-on-year in January 2026, while the total value of registered properties declined 16%, according to Knight Frank India.
The report said the moderation stemmed largely from a slowdown in homes priced above Rs.1 crore. This premium segment had driven strong growth through 2025. However, registrations in this category dropped 17% year-on-year in January, signalling a phase of market normalisation.
Despite lower volumes, premium homes continued to dominate in value terms. They accounted for 44% of total transaction value, although they formed only 15% of overall registrations. As a result, higher-value housing still held a significant share of the market.
Rangareddy district recorded the sharpest decline. Registration volumes there fell 27% year-on-year. Consequently, its share of total registrations dropped from 41% in January 2025 to 34% in January 2026. This contraction significantly influenced the broader slowdown in Hyderabad home registrations.
Hyderabad home registrations reflect premium market correction
The Hyderabad residential market spans Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy districts. It covers both primary and secondary property transactions across these regions.
Knight Frank India Chairman and Managing Director Shishir Baijal described January’s performance as a “measured moderation” rather than a structural decline. He said demand for higher-value housing remained strong. Moreover, established micro-markets such as Gachibowli and Kondapur continued to anchor premium demand in the city.
The report indicated that while volumes softened, underlying demand in key micro-markets persisted, suggesting stability in the broader housing market.