Hyderabad, March 5 -- Real estate in Hyderabad is witnessing a surge in homebuyers for newly launched projects in the city.

According to a report by the real estate services company ANAROCK, the city saw a jump in demand for new projects.

Real estate in Hyderabad sees 43 pc share of new launch absorption

As per the report, 43 percent of the 58540 sold units in 2024 were launched in the same year.

It is significantly up from 28 percent of 16590 units sold in 2019.

It seems that investors are heading south as Bengaluru, Hyderabad, and Chennai saw the highest new launch sales share last year.

42 pc of homes sold in top 7 cities were fresh launches

The report further mentioned that 42 percent of the 4.60 lakh homes sold in the top 7 ci...