Hyd’s housing transaction value rises 3% despite flat registrations

Residential property market in Hyderabad recorded a 3 per cent year-on-year (YoY) increase in transaction value to Rs 44,305 crore during January-October 2026, even as registration volumes declined marginally by 1 per cent to 61,033 units, reflecting stronger contributions from premium housing, according to Knight Frank India.

Registrations of homes priced above Rs 1 crore increased 1 per cent to 12,322 units during the 10-month period, while their transaction value rose 6 per cent to Rs 22,680 crore. The segment accounted for 25 per cent of total registrations and more than half of the overall transaction value. The weighted average property price increased 10 per cent year-on-year.

In contrast, registrations of homes priced below Rs 50 lakh declined 2 per cent to 33,420 units, while those in the Rs 50 lakh-Rs 1 crore category fell 1 per cent to 15,289 units. Homes above 2,000 sq ft accounted for 19 per cent of total registrations.

Shishir Baijal, International Partner, MD, Knight Frank India, said: “Hyderabad’s residential market remained stable in terms of registration volumes during January-October 2026, while the value of registered transactions grew 3 per cent year-on-year. This divergence points to a gradual shift in the composition of market activity, with higher-ticket housing playing an increasingly significant role in supporting transaction value.”

Baijal said: “October registrations moderated, partly coinciding with the Pitru Paksha period, when some homebuyers traditionally defer property transactions. Overall, the trend indicates that growth in the residential market is being shaped not just by the number of transactions, but also by the changing value mix of homes being registered.”

October witnessed a sharper moderation, with registrations falling 14 per cent year-on-year and 5 per cent month-on-month to 5,318 units. The value of transactions declined 3 per cent year-on-year to Rs 4,395 crore. The decline in October activity coincided with Pitru Paksha, which lasted from September 26 to October 10, a period when some homebuyers traditionally defer property transactions, Knight Frank said.

Across ticket sizes, October registrations of homes below Rs 50 lakh fell 21 per cent year-on-year, while the Rs 50 lakh-Rs 1 crore and above-Rs 1 crore segments declined 4 per cent and 6 per cent, respectively. However, transaction value in the premium segment increased 6 per cent despite lower registration volumes. The assessment covers residential property registrations across Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy districts, including both primary and secondary market transactions.

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