Hyderabad North West emerge dominant market: CREDAI report
North West contributes 64 per cent of total sales value with transactions amounting to Rs 19,826 crore
Hyderabad: Presenting an in-depth zone-wise analysis of the city’s office and housing markets, highlighting key trends, and future growth potential, the CREDAI Hyderabad, in collaboration with CRE Matrix, unveiled The Hyderabad Office Market Report – Q4 CY’24 and Hyderabad Housing Market Report – Q4 CY’24.
According to the report, Hyderabad North West emerged as the dominant market, contributing 64 per cent of total sales value with transactions amounting to Rs 19,826 crore while Hyderabad South West continued to lead in pricing, recording the highest per square foot value at Rs 11,277 in Q4 CY’24.
V Rajashekar Reddy, President, CREDAI Hyderabad, said, “Hyderabad’s housing market reflects strong buyer confidence, with a 17 per cent increase in average ticket size and a 14 per cent improvement in inventory absorption.”
N Jaideep Reddy, President-elect, CREDAI Hyderabad, said, “The city’s expanding infrastructure and employment opportunities further enhance its appeal, making it a preferred destination for homebuyers and investors.”
Jagannath Rao Bandari, General Secretary, CREDAI Hyderabad, said, “Hyderabad’s commercial real estate sector is undergoing rapid expansion, with total Grade A office stock reaching 151.1 million sqft and 82.9 million sqft under construction.”
