Hyderabad Records Rs 52,913 Crore in Home Sales in First Half of 2026

Hyderabad's residential real estate market recorded home sales valued at Rs 52,913 crore during the first half of 2026, according to the CRE Matrix Housing Report for H1 2026. The city led all major Indian markets in total residential area sold, absorbing nearly 60 million square feet between January and June.

While Hyderabad ranked third nationwide in total residential sales value behind Bengaluru and Mumbai, it saw strong momentum driven by growing transaction sizes and larger home configurations. Homebuyers spent an average of Rs 2.03 crore per property in H1 2026, reflecting a 10 percent increase from Rs 1.85 crore recorded in H1 2025. The average unit sold measured approximately 2,300 square feet.

Real estate developers expanded their project pipelines in response to steady buyer interest. A total of 49,656 residential units were launched across the city in H1 2026, up from 36,224 units launched during the same period in the previous year.

The report highlighted Hyderabad's commercial office expansion as a primary catalyst for residential demand. The city currently possesses roughly 170 million square feet of operational office space, with another 103 million square feet under construction. Approximately 7 million square feet of office space was leased during the first six months of 2026, providing a foundation for sustained housing demand over the next five years.

Unsold residential inventory in the city grew 21 percent year-on-year to 1,42,722 units, representing an inventory overhang of around 29 months. However, the report noted that the majority of this stock is currently under development rather than ready for immediate occupancy.

Of the total unsold inventory, 29,586 units, or 21 percent, are ready for occupation or due for completion within 2026. Another 59,360 units are scheduled for delivery between 2027 and 2028, while 53,776 units are slated for completion in 2029 or later. Nearly half of the unsold stock is priced above Rs 1.5 crore, and about 30 percent is priced between Rs 1 crore and Rs 1.5 crore.

Geographically, the North West macro-market accounted for the largest share of residential transactions, contributing 73 percent of total sales value. Meanwhile, the South West market saw its share rise to 17 percent in H1 2026, up from 10 percent in H1 2022.