Hyderabad, India s largest property market, has seen a record-setting surge in stamp duty revenue collection in November, with property registrations rising by 25% YoY to over 6,268 deals. The total value of properties registered stood at Rs 3,741 crore, a 29% YoY increase. The Reserve Bank of India s decision to maintain stable interest rates since April 2023 has bolstered homebuyer confidence in Hyderabad, leading to consistent growth in sales.
Know property market trends of Hyderabad. Registered properties in October 2023 were concentrated in the range of 1,000-2,000 sq ft, with this size category accounting for 69% of registrations.
Hyderabad Home Sales Hit All-Time High In 11 Years: The sales of the houses in Hyderabad increased by 23 percent which is the highest in the past 11 years. This is during the January and June period in 2022 and the records are compared to the same period last year.