2023-05-10-莱坊-HYDERABAD_RESIDENTIAL_PROPERTY_REGISTRATIONS_UPDATE_-_MARCH_2022_3页_3mb

Hyderabad Residential Market Summary - March 2022

Overall Performance

• Q1 2022 residential registrations in Hyderabad totaled 18,461, a 19% year-over-year decrease, with a total transaction value of INR 86,797 million down 10%.
• March registrations showed a 5% month-over-month increase compared to February 2022 registrations.

Registration Trends

• Monthly registrations declined in February (21% YoY), but improved in March.
• District-wise, Medchal-Malkajgiri's share rose to 47%, while Hyderabad and Rangareddy slightly decreased.

Ticket Size Analysis

• Sales registrations skewed toward mid-range ticket sizes, with 55% in the INR 2.5-5.0mn category, up from earlier levels.
• Smaller ticket sizes saw reduced demand amid economic disruptions.

Unit Size Preferences

• Larger units dominated sales, with 81% of units exceeding 1000 sq ft, and 73% in the 1000-2000 sq ft range, reflecting buyer upgrades.

Price Analysis

• Weighted average transacted price increased 10% YoY, with Sangareddy leading at a 30% jump.

Key Insights

• The market experienced subdued activity post-pandemic, with high-value properties gaining share.