Telangana Real Estate Boom - Hyderabad West leads surge in housing demand
In its most recent quarterly report, "Real Insight Residential - January-March-2024," PropTiger.com lists notable neighborhoods in micro markets that span the whole city. Kompally and shamirpet are located in Hyderabad's north, while nagole and uppal Kalan are two of the city's most well-known neighborhoods.
When comparing the first quarters of 2023 and 2024, delhi NCR saw a year-over-year change of 249%, while hyderabad saw a shift of 143%.
PropTiger.com data indicates that house sales in hyderabad increased from 15 million square feet in Q1-2023 to 35 million square feet in Q1-2024, concerning the area sold. According to the data, the city's home sales increased from 10,200 units in Q1-2023 to 14,290 units in Q1-2024.
* hyderabad West: Hitec City, Gachibowli, Manikonda, Narsingi, Serilingampally, Nallagandla, Gachibowli, Kondapur, Chandanagar, Hafeezpet, bachupally, Miyapur
* hyderabad North: Kompally, Kukatpally, Nizampet, Bolarum, Bahadurpally, Shamirpet
* hyderabad South: Saidabad, Kismatpur, Maheshwaram, shadnagar , Rajendra Nagar
* hyderabad East: LB Nagar, nagole, Hayathnagar, Vanasthalipuram, uppal Kalan, Saroor Nagar
* ORR South: Bongloor, Shamshabad, Adibatla, Pocharam
* Secunderabad: Mallapur, Yapral, Sainikpuri, Alwal, AS Rao Nagar
* hyderabad Central: Somajiguda, Ameerpet, Himayat nagar, Jubilee Hills, Begumpet, Banjara Hills