Residential property registrations in Hyderabad declined by 14% year-on-year (YoY) in January 2026, while the total value of homes registered also fell by 16% YoY. The moderation in registrations was largely driven by a decline in transactions of homes priced above INR 1 crore, a segment that had witnessed sustained growth through 2025, according to Knight Frank India’s latest assessment.

Rangareddy district, which typically accounts for the bulk of high-value residential transactions and overall registrations, saw its share decline from 41% in January 2025 to 34% in January 2026, with registration volumes in the district falling by 27% YoY. The Hyderabad residential market spans four districts: Hyderabad, Medchal-Malkajgiri, Rangareddy, and Sangareddy and includes transactions from both the primary and secondary real estate markets.

Shishir Baijal, Chairman and Managing Director, Knight Frank India said “January 2026 reflected a measured moderation in Hyderabad’s residential registrations, with overall volumes declining 14% year on year. This was largely driven by a 17% drop in registrations of homes priced above INR 1 cr, a segment that had recorded sustained premium-led growth through 2025. Despite this normalization in volumes, the segment continued to command 44% of the total transaction value while accounting for 15% of overall registrations, highlighting the continued depth of demand for higher-value housing in the market.”

HIGH-VALUE APARTMENTS:

In January 2026, registrations of homes priced above INR 1 crore in Hyderabad declined by 17% YoY, indicating a phase of normalization after the sustained premium-led growth witnessed through 2025. Despite the moderation in volumes, the segment continued to dominate in value terms, accounting for 44% of the total transaction value while comprising 15% of overall registrations. Rangareddy district, which typically accounts for the bulk of high-value residential transactions, recorded a sharper 27% YoY decline in home registrations during the month, contributing materially to the overall moderation. Nevertheless, established micro-markets such as Gachibowli and Kondapur continued to anchor premium housing demand in the city.

Most registered properties in Hyderabad ranged between 1,000 and 2,000 sq ft, comprising 65% of total registrations. Units above 2,000 sq ft comprised of 14% of the transactions during 2025.

At the district level, Medchal–Malkajgiri accounted for the bulk of registrations at 46%, followed by Rangareddy at 34%. Hyderabad district contributed to 19% of total registrations and Sangareddy contributed to the remaining 1%.

The weighted average price of transacted residential properties rose by 1% YoY during January 2026. Among the districts, Rangareddy registered the sharpest increase of 8% YoY, reflecting its emergence as a key hub for both residential and commercial development.

Beyond the concentration of bulk transactions, homebuyers also gravitated toward plush properties featuring larger sizes and superior amenities. The top five deals in January 2026 involved properties valued above INR 6 crore, with four of these transactions recorded in Rangareddy (West), while one was in Hyderabad (Central).