Hindustan Times-Hyderabad registers over 59,000 home sales worth ₹36,000 crore in first 9 months of 2024: Report
Hyderabad registered home sales worth ₹36,461 crore during the January- September period of 2024 recording a 34% year-on-year increase, while the number of registrations increased 13% annually to 59,386, a report by property consultancy Knight Frank India said on October 24.
The report however added that sales dropped 18% year-on-year in September 2024 to ₹2,820 crore, with 4,903 registrations marking a 22% decline. The consultant attributed the decline in registrations to observance of the Shradh/Pitra Paksha period (September 17 to October 2, 2024), a time considered inauspicious for buying or registering homes according to the Hindu calendar.
