Home registrations in Hyderabad rise 35% YoY in May 2026; Properties over INR 1cr drive 49% of market revenue: Knight Frank India
Hyderabad: According to Knight Frank India’s latest assessment, residential property registrations in Hyderabad recorded a significant surge in May 2026, with 8,344 units registered, representing a 35% year-on-year (YoY) and 22% month-on-month (MoM) increase. In value terms, homes worth INR 5,887 crore (cr) were registered during the month, marking a 37% YoY and 26% MoM increase, making it the strongest monthly performance recorded in the January-May 2026 period. Higher transaction values indicate growing demand for premium homes, while overall demand remains broad-based.
While the headline numbers reflect robust activity, the May 2026 performance should be viewed in the context of the revision in guidance values announced by the Telangana government, which came into effect on June 5, 2026. The revision, which ranged from 25% to 100% across locations and 10 – 20% for apartments, prompted many buyers and sellers to advance registrations in order to benefit from the prevailing guidance values. It is important to note that the registration charge remained unchanged at 7.5%. The revision was limited to the guidance values used for property valuation and stamp duty calculations which can potentially increase the overall transaction cost for property purchases. Consequently, a part of the sharp increase in registrations during May can be attributed to this pre-revision activity.
The Hyderabad residential market spans four districts namely Hyderabad, Medchal-Malkajgiri, Rangareddy, and Sangareddy and includes transactions from both the primary and secondary real estate markets.
| 2025 | 2026 | YoY | MoM | 2025 | 2026 | YoY | MoM | |
| Volume Split (No of units) | Value Split (INR/cr) | |||||||
| January | 5,464 | 4,686 | -14% | -29% | 3,463 | 2,917 | -16% | -34% |
| February | 5,988 | 6,179 | 3% | 32% | 3,925 | 4,139 | 5% | 42% |
| March | 6,327 | 6,386 | 1% | 3% | 4,471 | 4,637 | 4% | 12% |
| April | 5,886 | 6,837 | 16% | 7% | 4,148 | 4,673 | 13% | 1% |
| May | 6,177 | 8,344 | 35% | 22% | 4,302 | 5,887 | 37% | 26% |
Shishir Baijal, International Partner, Chairman and Managing Director, Knight Frank India said “Hyderabad’s residential market continues to demonstrate strong demand trend, with registrations and transaction values recording healthy growth in May 2026. While the revision in guidance values may have accelerated some transactions, the momentum was evident across multiple price segments, reflecting broad-based market participation. The continued growth in higher-value transactions, alongside steady activity, in the mid-market segment underscores buyer confidence in the city’s long-term prospects. Supported by a strong employment base, expanding infrastructure and relative affordability, Hyderabad remains one of the country’s most resilient residential markets.”
TICKET SIZE ANALYSIS:
In May 2026, Hyderabad’s residential registration trends reflected a broad-based surge in activity across all ticket-size segments, supported in part by the impending revision in guidance values announced by the Telangana government effective June 05, 2026. Registrations of homes priced above INR 1 cr increased by 35% YoY, highlighting continued strength in premium housing demand. At the same time, the affordable segment (homes priced below INR 50 lakh) recorded a 33% YoY increase, while the mid-segment (INR 50 lakh-INR 1 cr) registered the strongest growth at 40% YoY, indicating widespread participation across buyer categories.
Despite the sharp increase in volumes, the overall composition of the market remained relatively stable. Homes priced above INR 1 cr continued to dominate in value terms, accounting for 49% of the total transaction value during the month, unchanged from a year ago, while representing 19% of total registrations. This underscores the continued importance of premium housing in driving transaction values, even as growth was distributed more evenly across segments. The mid-segment strengthened its position, with its share of registrations increasing from 26% to 27%, while its contribution to transaction value rose from 26% to 27%, reflecting improving traction among upper-mid income buyers. Meanwhile, homes priced below INR 50 lakh accounted for 54% of total registrations, broadly in line with the previous year, demonstrating sustained demand in the affordable category despite rising property values.
| District | May 2025 | May 2026 |
| Hyderabad | 15% | 13% |
| Medchal-Malkajgiri | 37% | 37% |
| Rangareddy | 48% | 50% |
| Sangareddy | 0% | 0% |
| May 2025 | May 2026 | May 2025 | May 2026 | |
| Volume Split (No of units) | Value Split (INR/cr) | |||
| < 50 Lakh | 55% | 54% | 25% | 24% |
| 50 Lakh – 1 Cr | 26% | 27% | 26% | 27% |
| > 1 Cr | 19% | 19% | 49% | 49% |
Most registered properties in Hyderabad ranged between 1,000 and 2,000 sq ft, totalling up to 65% of total registrations. Units above 2,000 sq ft comprised of 20% of the transactions during May 2026.
| District | May 2025 | May 2026 |
| Hyderabad | 15% | 13% |
| Medchal-Malkajgiri | 37% | 37% |
| Rangareddy | 48% | 50% |
| Sangareddy | 0% | 0% |
Source: Knight Frank Research, Telangana Registration and Stamps Department
The weighted average price of transacted residential properties in Hyderabad has increased by 6% YoY during May 2026.
TRANSACTED PRICE BY SELECTED DISTRICT
| District | Weighted Average Transacted price (INR per sq ft) | May 2025 (YoY change) |
| Hyderabad | 4,999 | 6% |
Beyond the concentration of bulk transactions, homebuyers also gravitated toward premium properties featuring larger sizes and superior amenities. The top five deals in May 2026 involved properties valued above INR 10 crore, with four of these transactions recorded in Hyderabad (Central), and one of them in Rangareddy (West).
