Hyderabad housing sales fall 13% as ticket sizes rise

Hyderabad’s residential sales declined 13% year-on-year to 26,068 homes in H1 2026, according to the CREDAI Hyderabad–CRE Matrix Hyderabad Housing Report H1 2026.

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Sales volumes soften even as higher prices lift market value

Property Pulse

Hyderabad’s residential sales fell 13 per cent year-on-year in the first half of 2026, with 26,068 homes sold during the period, according to the Hyderabad Housing Report H1 2026 by CREDAI Hyderabad and CRE Matrix. The decline follows a two per cent moderation in annual sales during CY25, when the city recorded sales of 56,776 units. Despite the fall in volumes, Hyderabad remained among India’s largest housing markets, recording ₹52,913 crore in sales value during H1-CY26.

The city ranked third nationally by sales value, behind Bengaluru and Mumbai. Around 60 million sq ft of residential area was absorbed, the highest among the major markets covered by the report. The average ticket size also moved higher, rising about 10 per cent to ₹2.03 crore from ₹1.85 crore in H1-CY25. The average home sold in Hyderabad was around 2,300 sq ft, underlining the city’s continuing preference for larger homes.

Supply, meanwhile, expanded sharply. Developers launched 49,656 units in H1-CY26, 37 per cent more than in the year-ago period. New launches were therefore substantially higher than sales during the six months, adding significantly to the housing pipeline. Unsold inventory also increased. Citywide unsold stock stood at 142,722 units, up 21 per cent year-on-year, taking the reported inventory overhang to around 29 months.

However, the headline inventory number needs some context. Only around 21 per cent of unsold units are either ready to move in or scheduled for completion during 2026. Around 42 per cent are due for completion in 2027-28, while another 38 per cent are scheduled for 2029 or later. Much of the reported inventory is therefore still under construction, giving developers a longer window to convert it into sales.

The market also remains geographically concentrated. North West accounted for 73 per cent of Hyderabad’s housing sales value in H1-CY26, although its share declined from 79 per cent a year earlier. South West increased its share to 17 per cent and remained the city’s most expensive macro-market at ₹10,450 per sq ft. North East recorded the fastest price appreciation, with prices rising about nine per cent to ₹8,483 per sq ft.

The report expects Hyderabad’s expanding office market to remain an important support for residential demand. With around 169.7 million sq ft of existing office stock and another 102.7 million sq ft under construction, job creation and occupier expansion could provide a demand base for housing over the next five years. The H1 numbers therefore point to a market that is slowing in volume but not necessarily weakening across all indicators. Higher ticket sizes, continued absorption of large homes and the expanding employment base remain important supports, even as rising launches and inventory warrant closer monitoring.