Real estate in Hyderabad stayed afloat due to a stable political fabric, constant inward
migration of working professionals and enhanced infrastructure, among others. Initiatives
like Hyderabad Metro Rail, development of arterial roads and elevated corridors in and
around IT hubs of Gachibowli, HITEC City and Tellapur helped boost the city’s profile and
prospects. Also, the creation of new districts in its vicinity created fresh avenues for
overall real estate growth.
Commercial leasing on a high
Increased office leasing activity in recent times has positioned Hyderabad as one of the
most active commercial markets in the South. It has emerged as a major office hub on the
back of proactive governance, robust infrastructure, ease of doing business and quick
Comparatively low rentals for Grade A office space gives the city an edge over Chennai and
Bengaluru. With the likes of Amazon and Apple leasing big spaces in Hyderabad, the city is
giving Bengaluru stiff competition and may soon catch up with it.
Residential market stays afloat
Hyderabad has performed moderately well in the residential market and is witnessing
increased activity due to its affordable property prices. Moreover, builders have restricted
their new supply in the market, choosing to focus instead on clearing their previous unsold
Hyderabad saw its unsold housing stock decline by an impressive 12% annually in Q3 2019.
Hyderabad's unsold stock stood at just 23,900 units — the lowest among the top seven cities.
Fast forward 2020
Considering the present scenario, Hyderabad's housing sales could see 6-10% jump over the
next one year, while new launches are likely to remain muted. The office market will
continue to go from strength to strength with largescale projects coming up in Madhapur and
In retail, 12 new malls spreading over 6.5 mn sqft are likely to come up in Hitec City,
Secunderabad, Begumpet and Miyapur by 2021-end.