Hyderabad registers homes worth Rs 2,237 crore in October: Knight Frank

Near 10% dip in registrations to Rs 27,509 crore since January; units worth Rs 25-50 lakh each constitute 51% of total

Registrations of 4,597 residential property units worth Rs 2,237 crore were recorded this October in Hyderabad, according to a Knight Frank India report.

The city registered 56,003 residential units with a total worth of Rs 27,509 crore since January as compared to registrations of 67,685 residential units amounting Rs 30,108 crore in the same period a year ago.

The Hyderabad residential market includes four districts Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy.

Residential units in the price band of Rs 25–50 lakh constituted 51 per cent of the total registrations in October, an increase of 40 per cent in October, last year,