Hyderabad Outshines Mumbai: Real Estate Boom Hits Record-Breaking Rs 1.15 Lakh Crore in 2024

Hyderabad's real estate market has reached unprecedented heights, surpassing even Mumbai with a staggering Rs 1.15 lakh crore in home sales for 2024. This remarkable achievement, contributing to 20% of total sales among Indian metros, showcases Hyderabad's explosive growth in both residential and commercial sectors. The city also leased 13 million square feet of Grade A office space, accounting for 17% of India's total. With a 29% compound annual growth rate in unit sales value since 2019, Hyderabad's real estate sector continues to demonstrate strong buyer confidence and adaptability to market trends.

 

Source: CREDAI Hyderabad report