Hyderabad, March 7 -- In February 2024, Hyderabad witnessed a significant rise in residential property registrations, totaling 6,938, marking a substantial 21% increase compared to the previous year and a 27% surge from the previous month, as per Knight Frank India's latest report.

The total value of registered properties reached Rs 4,247 crore, reflecting a substantial year-on-year increase of 42% and a month-on-month rise of 29%, indicating a trend towards the sale of higher-value homes.

The Hyderabad residential market, covering districts including Hyderabad, Medchal-Malkajgiri, Rangareddy, and Sangareddy, observed varying shifts in property sales across different price categories.

In February 2024, properties in the price range of ...