Should You Invest in Real Estate in Hyderabad? Here is how HYDRAA is Reshaping the Market

Square Yards data shows there were 75,512 residential transactions in Hyderabad. It was a slight increase from the number in 2023 of 74,495. There was marginal transaction growth and a 13% surge in the value of sales registered to Rs 45,190 crores.

In spite of positive numbers, growth has slowed compared to previously. The setting up of HYDRAA in July 2024 played a role in the slowdown. Buyers now prioritize a project’s legal status and compliance. This has been prompted by HYDRAA’s scrutiny and has delayed the closure of property transactions.

The fourth quarter of 2024 saw a drop in transactions and had 15,941 home registrations. It was a 12% decline compared to 2023.

Principal Partner and Sales Director at Square Yards, Debayan Bhattacharya, talked about the market strength in spite of challenges. He said that though sales were slow in the fourth quarter, performance was good. The increased registrations in 2023 show growth.

He said that post the pandemic, growth continued in 2024. The drop in the fourth quarter was temporary. It was due to HYDRAA’s effect on buyer outlook. He noted that the yearly data paints a positive picture.

He said government guarantees that HYDRAA would not impact approved projects have kept the market stable. Builders are adapting to the new rules. They are working on their customer approach and are slowly restoring buyer faith.

Bhattacharya is positive about Hyderabad's real estate. He said the slowdown is temporary and will lead to stable growth. Strict rules by HYDRAA deter unlawful encroachments and will promote compliance.

He stated that these changes will bring sustainable growth. They will strengthen the real estate market in the long run.

Hyderabad is a hub for IT and global business processing. The market forecast for 2025 is that great infrastructure and job opportunities will bring in more buyers. The outlook for the market is that the need for luxury homes here will be strong.

The sector for homes has seen a slowdown due to scrutiny by HYDRAA. The growth in overall value and the ability of the market to adjust to changes signal its strong future. The real estate market in the city is resilient.

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