Housing.com-Uber-Luxury Housing in Hyderabad is the Next Frontier in Indian Real Estate
Hyderabad is rapidly emerging as one of the country’s leading metropolitan cities, driven by strong socio-economic growth, emergence of the city as a preferred IT hotspot, and rapid infrastructural development. Furthermore, the city’s favorable business environment and thriving startup ecosystem are contributing significantly to its real estate sector’s success. This is attracting individuals in search of employment and entrepreneurship opportunities from across the country, leading to the rising share of HNIs, thereby creating a significant demand for luxury and uber-luxury housing in the city.
According to property consultant Knight Frank India’s India Real Estate Office and Residential Market H2-2024 report, properties priced above Rs 10 million accounted for 63% of the total sales, up from 52% in H2 2023. The Rs 10-20 million segment saw a remarkable increase, rising from 38% in H2 2023 to 46% in H2 2024, representing a 28% YoY growth in sales.
