2023-05-10-莱坊-Hyderabad_Residential_Property_Registrations_Update_-_Sept_2022_3页_1mb

报告摘要

Hyderabad Residential Property Market Summary (9M 2022)

Core Content Overview

This document provides an analysis of the residential property market in Hyderabad, covering the period from January to September 2022. It highlights the number of property registrations, their value, and trends in ticket size, apartment size, and district-wise performance. The report also includes expert insights on market resilience and future projections.

Key Statistics

Total Property Registrations (Jan-Sep 2022): 50,953 units
Total Value of Property Registrations (Jan-Sep 2022): INR 250,938 million
Total Property Registrations (Jan-Sep 2021): 62,052 units
Total Value of Property Registrations (Jan-Sep 2021): INR 276,404 million

Monthly Registrations and Value

Month	2021 (Units)	2022 (Units)	YoY Change	MoM Change	2021 (INR Million)	2022 (INR Million)	YoY Change
January	7,592	7,343	-3%	-14%	32,881	32,608	-1%
February	6,877	5,435	-21%	-26%	29,397	28,386	-3%
March	8,260	6,722	-19%	24%	34,603	31,355	-9%
April	5,903	5,366	-9%	-20%	25,267	27,837	10%
May	2,501	6,307	152%	18%	12,445	30,607	146%
June	7,251	5,411	-25%	-14%	31,697	28,421	-10%
July	9,507	4,406	-54%	-19%	45,729	21,294	-53%
August	8,144	5,656	-31%	28%	38,090	28,453	-25%
September	6,017	4,307	-28%	-24%	26,296	21,978	-16%

Ticket Size Analysis

Residential units in the price range of INR 25-50 lakh: 55% of total registrations in September 2022 (up from 39% in September 2021)
Units priced below INR 2.5 million: Declined in share from 36% to 16%
Units priced INR 5 million and above: Increased to 28% of total registrations in September 2022 from 25% in September 2021

Apartment Size Analysis

Units larger than 1,000 sq ft: Constituted approximately 81% of total house sales registered in September 2022
Units between 1,000-2,000 sq ft: Accounted for 71% of all registrations during the period
Trend: Continued preference for larger homes, driven by the consumer trend of upgrading living spaces that began during the pandemic

District-wise Analysis

Hyderabad district: 15% share in total registrations (up from 13%)
Medchal-Malkajgiri district: 43% share in total registrations (up from 42%)
Rangareddy district: 41% share in total registrations (up from 37%)
Sangareddy district: 1% share in total registrations (down from 8%)

Price Analysis

Weighted average transacted price (YoY): Increased by 15%
Medchal-Malkajgiri district: 21% YoY increase in weighted average price
Hyderabad district: 10% YoY increase
Rangareddy district: 8% YoY increase
Sangareddy district: 0% YoY increase
Total Market: 15% YoY increase in weighted average price

Key Insights

The Hyderabad residential market showed resilience during the pandemic but experienced a decline in registrations in 2022.
Short-term activity is expected to reduce due to rising house loan rates, but latent demand and economic growth are likely to sustain market strength in the medium to long term.
Larger ticket-size homes saw increased demand, indicating a shift in consumer preferences towards higher-value properties.
The trend of upgrading to larger living spaces continued, with 71% of sales registrations for homes between 1,000-2,000 sq ft.
Medchal-Malkajgiri district showed the highest price growth, while Sangareddy district had no increase in weighted average prices.

Key Contacts

Author: Naresh Sharma, Lead Consultant - Research
Email: Naresh.Sharma@in.knightfrank.com
Research Director: Vivek Rathi
Email: Vivek.Rathi@in.knightfrank.com
Corporate Marketing & Public Relations Director: Piyali Dasgupta
Email: Piyali.Dasgupta@in.knightfrank.com

Recent Research Publications

Investment in Real Estate: Jan-Mar 2022
India Real Estate: Jan-Jun 2022
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2021: A New Era for Rental Real Estate
Brick by Brick - 2021

Disclaimer

All statements, data, and opinions are provided on an "as is, where is" basis.
Clients are advised to conduct their own due diligence before signing any binding document.
Knight Frank (India) Private Limited disclaims all warranties and liabilities related to the use of the information provided.

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