Hyderabad: The city’s residential property market recorded a 3% increase in transaction value to Rs 44,305 crore during January–October 2026, despite a marginal decline in property registrations.
According to Knight Frank India’s latest assessment, Hyderabad registered 61,033 residential properties during the first 10 months of 2026. Registration volumes declined 1% year-on-year (YoY), indicating largely stable transaction activity.
However, October witnessed a sharper slowdown, with registrations falling 14% YoY and 5% month-on-month to 5,318 units. The decline coincided with the Pitru Paksha period, when some homebuyers traditionally postpone property purchases.
Meanwhile, higher-priced residential properties continued to contribute significantly to the overall transaction value. Properties priced above Rs 1 crore accounted for 51% of Hyderabad’s total residential transaction value during January–October 2026.
Their contribution increased from 50% during the corresponding period last year. However, these premium properties represented only 20% of total registrations. The trend became more pronounced in October, when homes priced above Rs 1 crore contributed 59% of transaction value.
Despite this substantial contribution, premium properties accounted for just 25% of registrations during the month. The figures highlighted the increasing share of high-value residential transactions even as overall registration volumes remained largely unchanged.
Furthermore, Hyderabad’s weighted average residential property price increased 10% YoY to Rs 5,184 per square foot. Sangareddy recorded the highest property price appreciation among the districts covered in the assessment, registering a 25% increase.
Rangareddy leads property registrations
Rangareddy district accounted for 52% of residential property registrations, maintaining the largest share in the Hyderabad market. Medchal-Malkajgiri followed with 29%, while Hyderabad district contributed 18% of registrations.
Meanwhile, Sangareddy accounted for the remaining 1% of registered residential transactions. These district-wise figures showed Rangareddy’s dominant contribution to residential registration activity across the market.
Knight Frank highlights Hyderabad housing market growth
Shishir Baijal, Chairman and Managing Director of Knight Frank India, attributed the increase in transaction value to the growing contribution of higher-priced residential properties. He said the rise in transaction value reflected an increasing share of higher-ticket housing purchases.
According to Baijal, the trend indicated a gradual shift towards premium properties in Hyderabad’s residential market. The assessment showed that transaction value increased despite a 1% decline in registrations during the January–October period.
Additionally, October’s figures reflected weaker registration activity alongside a higher contribution from premium housing. Overall, the Hyderabad housing market growth in transaction value was driven by higher-value transactions rather than an increase in the number of registered properties.