Hyderabad Records 5,988 Property Registrations in Feb 2025: Luxury Homes Surge

Hyderabad real estate market observed mixed trends in February 2025 which recorded 5,988 property registrations, up 10% month-on-month (MoM) from 5,464 registrations in January. On an annual basis (YoY), total registrations witnessed a fall of 16 percent, according to a report released by Knight Frank India. While this represented a decline, the market was moving towards positive territory, with demand for more expensive housing on the rise.

The report noted a marked pivot toward high-value space. Properties above ₹1 crore saw a single percentage point Y-o-Y increase, now representing 18% of total transactions. Livemint reported that properties priced below ₹50 lakh, which still accounted for more than 50% of the total registrations, fell 20% YoY pointing to the changing preferences of buyers. Registered homes increased by 13% MoM serving as an indication that buyers are returning.

Market dynamics were not limited to price alone, as property size also influenced sales. The most registrations (67 %) were for homes sized from 1,000 to 2,000 sq ft. Meanwhile, larger properties (often considered to be above 2,000 sqft) made up only 13% of transactions in February 2024, but now makeup 17% of transactions, suggesting an increased demand for larger living footprints.

Among the major districts of Hyderabad, Rangareddy district topped the list with 44% of the total registrations, followed by Medchal-Malkajgiri with 41% of total registrations, while Hyderabad district accounted for the remaining 15%. The weighted average price of transacted residential properties formed the basis of property prices, which continued to appreciate, at 6% YoY. Rangareddy had the highest price growth of 9% on a YoY basis.

Outside the bulk transactions, luxury property continued to be sought after. In February 2025, the top five deals involved home sizes larger than 3,000 sqft, each valued at over ₹6 crore. These included four in Central Hyderabad and one in Western Hyderabad.

Shishir Baijal, Chairman and MD of Knight Frank India, said the trend of premiumization in Hyderabad’s housing market is being driven by the dominance of high-value homes that defied the housing market and registered an increase in sales even as the lower segments lagged. The upward price movement and continued demand for larger homes highlight strong buyer confidence and changing lifestyle preferences.