With rising real estate prices, will Hyderabad’s realty boom catch up with Bengaluru?

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With rising real estate prices, will Hyderabad’s realty boom catch up with Bengaluru?

Praveen By  November 6, 2024 284

While analysts agree that Hyderabad’s real estate sector is growing at a significant pace, especially after the bifurcation of Andhra Pradesh, they say Bengaluru will continue to dominate in terms of overall supply and absorption.

Experts said that since the bifurcation of Telangana and Andhra Pradesh, Hyderabad has slowly consolidated its position as one of India’s top real estate hubs.

Residential prices have been rising significantly in Hyderabad in the last few years, amidst buoyant demand and increased new supply. Since 2023, the real estate sector in Hyderabad has been on a tear, with rentals increasing by at least 30 percent, local brokers say.

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