Telangana's Construction Sector Booms, Registers 11.97% Growth
Telangana's construction sector has seen a significant 11.97% growth in the financial year 2024-25, contributing nearly Rs.80,000 crore to the state's economy. Industries Minister Sridhar Babu dismissed claims of a slowdown, citing robust RERA registrations and a surge in high-value home sales.
Construction GrowthReal EstateTelanganaReraHighvalue HomesReal EstateJun 21, 2025
Addressing the gathering, Sridhar Babu urged critics to look at the actual data. “I urge them to open their eyes and look at the actual data,” he said. The Minister highlighted that real estate currently accounts for 24.9% of the State’s service economy, a significant contribution that cannot be overlooked.
Furthermore, Sridhar Babu pointed out that there are currently 9,744 projects registered under RERA (Real Estate Regulatory Authority). He stated that these numbers are not mere statistics but a factual rebuttal to claims that the sector is slowing down under the Congress government. The Minister also cited the Knight Frank India report, which noted that in February 2025 alone, 5,900 homes were registered in Hyderabad.
Properties valued at Rs.1 crore and above accounted for 18% of all registrations, with the annual growth rate in this premium segment standing at an impressive 58%. This surge in high-value home sales is a clear indicator of the sector’s resilience and continued attractiveness to investors.
The Minister also highlighted the broader growth in the real estate and professional services sector, which recorded a 15.4% growth rate in the financial year 2024-25. This growth underscores the overall health and dynamism of Telangana’s economy, driven by significant investments and a favorable business environment.
Sridhar Babu concluded by reiterating the government’s commitment to fostering a conducive environment for the construction and real estate sectors, ensuring sustainable growth and development for the state’s economy.
Frequently Asked Questions
What was the growth rate of Telangana's construction sector in the financial year 2024-25?
The construction sector in Telangana grew by 11.97% in the financial year 2024-25.
How much did the construction sector contribute to Telangana's economy?
The construction sector contributed nearly Rs.80,000 crore to Telangana's economy in the financial year 2024-25.
What percentage of Telangana's service economy is attributed to real estate?
Real estate currently accounts for 24.9% of Telangana's service economy.
How many projects are registered under RERA in Telangana?
There are currently 9,744 projects registered under RERA in Telangana.
What was the annual growth rate in the premium segment of home sales in Telangana?
The annual growth rate in the premium segment of home sales, valued at Rs.1 crore and above, stood at an impressive 58%.
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