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Hyderabad Housing Report - July’24

Aug 02, 2024

Hyderabad Housing Report - July’24

CRE Matrix and CREDAI Hyderabad are pleased to present their Hyderabad Housing Report for July 2024, highlighting remarkable achievements in the city's real estate market. In the first half of 2024, Hyderabad recorded a total home sales value of ₹58,841 Cr, marking the highest yearly sales value in five years. Housing unit sales surged by 148%, with 38,643 units sold compared to H1 CY'19. The ₹5-10 Cr segment saw a 449% increase in sales value, reaching ₹7,427 Cr, while the average value of flats sold rose by 44% to ₹1.5 Cr. Overall, the value of units sold grew by 257%, and the above ₹10 Cr segment experienced a phenomenal 63x growth in sales value, totaling ₹4,861 Cr, all compared to H1 CY'19.