Telangana Affairs
Hyderabad second most expensive residential realty market in India
The City of Nizams and Pearls has emerged as the second most expensive residential realty market in the country after the Mumbai Metropolitan Region (MMR). This is thanks to a steady rise in property prices on the back of robust demand.
The city has also recorded the highest Growth in residential property sales for the July-September quarter, says PropTiger.coms latest report.
According to the report, Average residential property prices in Hyderabad on September 30, 2021, stood in the Rs 5,800-Rs 6,000 per sq ft range (Rs 5,751 per sq ft on average) as compared to Rs 9,600-Rs 9,800 per sq ft range (Rs 9,670 per sq ft) in MMR.