Hyderabad's Residential Property Market Sees Unprecedented Growth Over 5 Years
Kokapet tops the list with an 89% increase in property prices, followed by Bachupally and Tellapur. Hyderabad's real estate market has seen remarkable growth over the last five years.
Hyderabad Real EstateResidential Property PricesKokapetBachupallyTellapurAnarock Research ReportReal EstateAug 26, 2024
Leading the charge is Kokapet, which experienced an impressive 89 per cent rise in residential property prices. In 2019, the average price in Kokapet was Rs 4,750 per sq. ft., which surged to Rs 9,000 per sq. ft. by the first half of 2024, the ANAROCK report said. This growth is largely driven by the area's attraction as a premium residential hub, with 52 per cent of new launches falling in the ultra-luxury segment, priced above Rs 2.5 crore.
Following Kokapet, Bachupally saw a 57 per cent increase in average property prices, rising from Rs 3,690 per sq. ft. in 2019 to Rs 5,800 per sq. ft. in H1 2024. Meanwhile, Tellapur recorded a 53 per cent hike, with prices going from Rs 4,819 per sq. ft. to Rs 7,350 per sq. ft. during the same period.
Overall, Hyderabad has witnessed the highest city-level price appreciation among India's top seven cities, with an average increase of 64 per cent between 2019 and H1 2024.
Meanwhile, the city has witnessed a substantial rise in new residential supply, particularly in key areas like Tellapur. Between 2019 and H1 2024, Tellapur saw the launch of 18,960 new units and average prices at Rs 7,350 per sq. ft. as of H1 2024, up from Rs 4,819 per sq. ft. in 2019 – rising by 53 per cent. Of the total new supply, 66 per cent was in the mid and premium segments, followed by 34 per cent in more than Rs 1.5 Cr bracket.
About ANAROCK
ANAROCK is a leading real estate consulting firm that provides expert advice and research reports on the Indian real estate market.
Frequently Asked Questions
What is the average price increase in residential property prices in Kokapet over the last five years?
89 per cent
Which area has seen the second-highest increase in average property prices in Hyderabad?
Bachupally, with a 57 per cent increase
What is the average increase in property prices in Hyderabad over the last five years?
64 per cent
How many new residential units were launched in Tellapur between 2019 and H1 2024?
18,960
What is the average price of residential property in Tellapur as of H1 2024?
Rs 7,350 per sq. ft.
Tags:
Related News Articles
Unveiling Luxury Living: Rustomjee Group Launches 180 Bayview in Matunga West
Rustomjee Group introduces 180 Bayview, a luxury residential project in Matunga West, Mumbai, with a target Gross Development Value of INR 1300 crore.
India's Emerging Real Estate Hotspots: Unlocking the Potential of Tier II Cities
Discover the next big thing in Indian real estate as Tier II cities take center stage, offering lucrative investment opportunities and unprecedented growth.
Navi Mumbai's Real Estate Boom Driven by Infrastructure Projects
Today, the journey between Ulwe and South Mumbai has been drastically reduced to just 30 minutes, thanks to the Atal Setu. This significant time reduction has played a pivotal role in fueling the real estate boom in Navi Mumbai.
Which Crypto Presales Are Still Worth Considering in 2025? Rexas Finance (RXS), BlockDAG (BDAG), and Remittix (RTX)
Investing in crypto presales offers a unique opportunity to acquire tokens at lower prices. Among the notable projects in 2025, Rexas Finance (RXS), BlockDAG (BDAG), and Remittix (RTX) stand out. Here’s a closer look at these projects and what experts are
BPTP Group to Invest ₹3000 Crore in Luxurious Housing Project in Gurugram
The thriving Delhi-NCR real estate market is set to witness an ambitious development project by BPTP Group, which plans to invest ₹3000 crore in a new luxury housing project along Gurugram's Dwarka Expressway. The project will offer 2 and 3 BHK apartments
Tesla Expands in Mumbai and Pune: 20 Job Openings as India Launch Looms
Tesla has announced 20 new job openings in Mumbai and Pune as the company gears up for its debut in the Indian market. This expansion marks a significant step in Tesla's global strategy and highlights the company's commitment to establishing a strong pres