Premium demand rises even as volumes remain stable: report

Hyderabad market stays firm as registrations hold steady

Property Pulse

Hyderabad’s residential market remained stable in March 2026, with property registrations holding steady and value growth continuing, even as broader market trends point to increasing premiumisation, according to .

A total of 6,386 residential properties worth ₹4,637 crore were registered during the month, reflecting a 1 per cent year-on-year rise in volumes and a 4 per cent increase in value terms. On a month-on-month basis, registrations rose 3 per cent, while value growth was stronger at 12 per cent indicating improved traction in higher-value transactions, according to Knight Frank India Residential Property Registration Report.

The data highlights Hyderabad’s position as one of the more stable residential markets in the country, supported by steady demand and a gradual shift towards premium housing.

“Hyderabad’s residential market continues to demonstrate stability, building on the recovery seen in the previous month,” said Shishir Baijal, international partner and chairman & managing director, Knight Frank India.

Homes priced above Rs 1 crore accounted for 20 per cent of total registrations, with volumes in this segment rising 8 per cent year-on-year. In value terms, the segment contributed 53 per cent of the total transaction value, up from 50 per cent a year ago, underscoring the growing dominance of premium housing.

At the same time, the affordable segment (below ₹50 lakh) saw a marginal 2 per cent increase in volumes, indicating steady demand at the lower end. However, the mid-segment (₹50 lakh–₹1 crore) remained under pressure, with registrations declining by 5 per cent year-on-year, reflecting a shift in buyer preference towards either premium upgrades or relatively affordable options.

Micro-markets driven by IT and employment hubs continued to anchor demand. Locations such as Puppalaguda, Nanakramguda, Narsingi and Kondapur saw strong traction, supported by connectivity and social infrastructure.

In terms of property sizes, units ranging between 1,000 and 2,000 sq ft accounted for 66% of total registrations, indicating sustained demand for mid-sized homes. Larger units above 2,000 sq ft accounted for 17% of transactions, reflecting interest in premium offerings.

At the district level, Rangareddy led with 46 per cent of registrations, followed by Medchal-Malkajgiri at 44 per cent while Hyderabad district accounted for the remaining 10 per cent.

Prices also showed an upward trend, with the weighted average transacted price rising 2 per cent year-on-year across the market. Hyderabad district recorded the highest increase of 12 per cent indicating strong demand in core urban locations.

High-value transactions further underscored the premium trend, with the top five deals in March exceeding ₹7 crore, including multiple transactions in Jubilee Hills.

The trends in Hyderabad mirror a broader national pattern where premium housing demand is gaining traction, even as overall volumes remain stable.  

MARKET TREND

• 6,386 homes registered in March 2026. 

• ₹4,637 crore total transaction value recorded. 

• Premium homes (>₹1 cr) form 20% share. 

• Premium segment contributes 53% of value. 

• Mid-segment demand sees 5% decline. 

• Rangareddy, Medchal lead registrations. 

• Prices rise 2% yoy across market.