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.