Hyderabad Housing Market Sees a 17% Rise in Property Prices in Q4 2024
The Hyderabad real estate market has shown a significant surge, with property prices increasing by 17% in the September to December quarter of 2024. V. Rajashekar Reddy, the president of Credai Hyderabad, highlights the robust growth and strong demand in
Hyderabad Housing MarketProperty PricesReal Estate TrendsCredai HyderabadUrbanizationReal Estate NewsFeb 18, 2025
According to V.
Rajashekar Reddy, the president of Credai Hyderabad, property prices have surged by a notable 17% during this period.
This upward trend reflects the strong demand and investor confidence in the city’s real estate sector.
Credai Hyderabad, an influential body in the real estate industry, has been closely monitoring the market dynamics.
Reddy emphasized that the increase in property prices is a direct result of the city’s rapid urbanization and economic development.
Hyderabad has emerged as a major IT and pharmaceutical hub, attracting a significant number of professionals and businesses.
The key drivers behind the price hike include the influx of new residents, improved infrastructure, and the availability of high-quality housing projects.
Reddy pointed out that the government's initiatives, such as the development of new transport links and the introduction of smart city projects, have played a crucial role in boosting the real estate market.
Moreover, the increase in property prices has not deterred buyers.
On the contrary, it has fueled a sense of urgency among homebuyers and investors to secure properties in prime locations.
According to market reports, the demand for residential properties in areas like Gachibowli, Hitech City, and Kukatpally has been particularly high.
However, Reddy also acknowledged the challenges that the market faces.
One of the main concerns is the need for more affordable housing options.
While the city has seen a surge in high-end and luxury properties, the demand for affordable housing remains unmet.
To address this, Credai Hyderabad is working closely with the government to introduce policies that encourage the development of affordable housing projects.
The future outlook for the Hyderabad housing market remains optimistic.
Reddy believes that the strong fundamentals of the city, coupled with ongoing development projects, will continue to attract both domestic and international investors.
He also highlighted the importance of maintaining a balanced market to ensure sustainable growth and prevent a bubble.
In conclusion, the 17% increase in property prices in the fourth quarter of 2024 is a clear indication of the robust health of the Hyderabad real estate market.
With continued focus on infrastructure development and the introduction of affordable housing policies, the city is well-positioned to maintain its momentum in the coming years.
Frequently Asked Questions
What is the percentage increase in property prices in Hyderabad during Q4 2024?
Property prices in Hyderabad increased by 17% in the September to December quarter of 2024.
Who is V. Rajashekar Reddy, and what is his role in the real estate market?
V. Rajashekar Reddy is the president of Credai Hyderabad, an influential body in the real estate industry, and he has been closely monitoring the market dynamics in Hyderabad.
What are the key drivers behind the increase in property prices in Hyderabad?
The key drivers include rapid urbanization, economic development, improved infrastructure, and the availability of high-quality housing projects.
What are the main concerns in the Hyderabad housing market?
One of the main concerns is the need for more affordable housing options, as the demand for affordable housing remains unmet despite the surge in high-end and luxury properties.
What is the future outlook for the Hyderabad housing market?
The future outlook remains optimistic, with strong fundamentals and ongoing development projects expected to attract both domestic and international investors.
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