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Hyderabad real estate sees rise in sales of ultra-luxury homes

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The real estate market in Hyderabad has seen a rise in the sales of ultra-luxury homes over the past eight months.
Hyderabad: The real estate market in Hyderabad has seen a rise in the sales of ultra-luxury homes over the past eight months.
According to a report by real estate services company ANAROCK, 25 ultra-luxury homes were sold this year up to August across Mumbai, Hyderabad, NCR’s Gurugram, and Bengaluru.
From January to August this year, Hyderabad experienced a two-fold increase in ultra-luxury home sales. The city recorded two deals worth approximately Rs 80 crore in Jubilee Hills. This marks a jump from one sale in 2023 to two in the first eight months of 2024.
Meanwhile, Hyderabad’s real estate market has also seen a significant surge in areas like Kokapet, Bachupally, and Tellapur, with these locations showing considerable price hikes.

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