Hyderabad Edges Mumbai With ₹4.77 Lakh Crore Housing Sales
Hyderabad marginally surpassed Mumbai, where homes worth ₹4,51,811 crore were sold, while Bengaluru stood third at ₹3,92,047 crore.
Hyderabad: Hyderabad recorded the highest value of residential property sales among major Indian cities between 2021 and 2025, with homes worth ₹4,77,977 crore sold during the five-year period, according to CRE Matrix, a real estate data analytics platform. This figure represents the combined worth of thousands of apartments, villas and independent houses sold in the city, not the price of a single property.
Hyderabad marginally surpassed Mumbai, where homes worth ₹4,51,811 crore were sold, while Bengaluru stood third at ₹3,92,047 crore. Gurugram and Ahmedabad followed with ₹3,30,964 crore and ₹2,91,765 crore, respectively. The data covers primary sales of apartments, independent floors and villas.
The strong performance of Hyderabad’s housing market has been attributed to the rapid expansion of IT, pharmaceuticals, defence and aerospace, food processing and global capability centres (GCCs). Naredco Telangana president K. Sreedhar Reddy said the record sales reflected not only housing demand but also a structural shift towards premium, mid-luxury and luxury properties.
Homes priced above ₹1 crore have gained a larger share of the market, with buyers opting for larger 3BHK and 4BHK apartments, gated communities and luxury projects. Sreedhar Reddy said higher ticket sizes were driving value-led growth, supported by infrastructure expansion and rising incomes among technology and corporate professionals.
The western corridor remained the growth engine, with Financial District, Gachibowli, Kokapet, Narsingi and Tellapur witnessing strong demand. Emerging locations include Kollur, Kompally, Medchal, Kandlakoya, Adibatla, Shamshabad, Uppal, Patancheru, Mokila and Isnapur.
However, rising property prices were squeezing affordability, particularly for middle-class and first-time buyers. Weighted average prices have risen sharply since 2021 due to higher land costs, construction expenses and compliance requirements. Vijaya, a Kompally resident who recently bought a 2BHK for ₹60 lakh, said nearly 80 per cent of her salary now goes towards EMI, forcing her to cut back on hobbies and leisure.
Indian Green Building Council chairman Sekhar Reddy said Hyderabad’s infrastructure, employment opportunities and brand image had strengthened its position, but cautioned that traffic congestion in the western corridor remained a challenge. He stressed that sustainability — through green buildings, solar power and net-zero construction — must be central to the city’s next phase of growth.
Credai Hyderabad president-elect Jagannath Rao Bandari said the report reaffirmed Hyderabad’s position as India’s strongest housing market by value. “Consistent demand highlights homebuyer confidence, supported by transparency and timely project delivery. With ongoing infrastructure investments and a thriving business ecosystem, the city is set to further strengthen its leadership,” he said.
