Hyderabad has long been considered one of India’s fastest-growing real estate markets, attracting investors and homebuyers alike. However, recent reports indicate a significant decline in property sales and new launches, raising concerns about a potential slowdown in the Hyderabad Real Estate
While Hyderabad’s real estate market is currently slowing down, Buyers and investors should closely monitor market trends before making decisions.
According to industry reports, Hyderabad’s real estate market has witnessed a sharp drop in sales, with transactions falling by 38-50% compared to the previous year. New housing launches have also declined by 54%, indicating reduced demand and investor hesitation.
Key Factors Behind the Slowdown:
Oversupply of Properties – A surge in new developments between 2021 and 2023 has led to an excess of unsold inventory.
Rising Property Prices – Residential rates have increased significantly, making homeownership less affordable for many buyers.
Economic Uncertainty – Global financial instability and job uncertainties in the IT sector have impacted buyer confidence.
Reduced NRI Investments – Foreign investors, particularly those from the US and UK, are adopting a wait-and-watch approach due to economic concerns.
Impact on Luxury and Commercial Real Estate
The slowdown has particularly affected the luxury housing segment, where properties priced above ₹2 crore have seen a 6% increase in unsold inventory. Additionally, Hyderabad’s commercial real estate market is facing challenges, with vacant office spaces reaching 28 million sq ft, the highest among major cities.
Possible Recovery Strategies
Industry experts suggest that the Telangana government could introduce measures such as:
Reducing registration fees to encourage property transactions.
Offering incentives to developers to stimulate new projects.
Improving infrastructure to attract more buyers and investors.
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