Hyderabad sees surge in residential property registrations
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 ...
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