Hyderabad: As disposable incomes and private consumption rise, the average price of homes sold in Hyderabad reached Rs 1.15 crore in the first six months of this fiscal year, compared to Rs 84 lakh during the corresponding period of FY24, marking an increase of over 36 percent year-on-year. The city has seen record new launches and sales of higher-priced homes amid increasing demand for luxury housing post-pandemic, according to a report by the real estate services company ANAROCK.
Approximately 29,940 units worth Rs 25,059 crore were sold in Hyderabad in H1 FY2024. In contrast, approximately 27,820 units worth Rs 31,993 crore were sold in H1 FY2025. Although the number of units sold declined, the total sales value increased in the city.
Following is the average home prices in Hyderabad and other cities The average price of homes sold in the top seven cities rose to Rs 1.23 crore in the first six months of this fiscal year, compared to Rs 1 crore during the corresponding period of FY24, a 23 percent year-on-year increase. “Over 2,27,400 units worth approximately Rs 2,79,309 crore were sold across the top seven cities between April and September 2024.
In contrast, the same period in FY2024 saw approximately 2,35,200 units worth Rs 2,35,800 crore sold,” said Anuj Puri, Chairman of Anarock Group. Despite a 3 percent drop in overall unit sales, the total sales value increased by 18 percent compared to the previous year, underscoring the strong demand for luxury homes, he adde.