India, June 13 -- Hyderabad recorded 6,177 residential property registrations worth Rs.4,302 crore in May, up by 14% from Rs.3,760 crore last year. The total value of homes registered has surged by 4% MoM, according to a report by Knight Frank India.

Registrations for homes priced above Rs.1 crore grew sharply by 37% YoY to 1,180 units worth Rs.2,121 crore, accounting for 19% of total registrations.

The Hyderabad residential market spans four districts - Hyderabad, Medchal-Malkajgiri, Rangareddy, and Sangareddy - and includes transactions from both the primary and secondary real estate markets, it said

Knight Frank India said that the share of home registrations in the Rs.1 crore and above category climbed from 14% in May 2024 to 19% i...