Hyderabad: The real estate market in Hyderabad has witnessed a surge in the sales of ultra-luxury homes priced over Rs 40 crore in 2024.
In the last year, a total of 59 homes priced over Rs 40 crore were sold across the country.
Hyderabad real estate sees two-fold rise in sales of ultra-luxury homes
According to a report by the real estate services company ANAROCK, in the city, two homes priced over Rs 40 crore were sold in 2024, marking a two-fold rise compared to only one ultra-luxury home sold in 2023.
In the top seven cities, there is also an increase in the number of luxury homes sold, from 58 in 2023 to 59 in 2024.
Out of the 59 homes, 53 are apartments, and six are bungalows.
Residential real estate sees drop in prices in South Hyderabad
Highest in Mumbai
Out of the 59 ultra-luxury homes sold in 2024, 52 are in Mumbai. Similarly, in 2023, out of 58 homes sold, 53 were from Mumbai.
Following are the ultra-luxury homes sold in Hyderabad and other cities.
| Year | Delhi-NCR | Mumbai | Hyderabad | Bengaluru | Grand Total |
| 2022 | 2 | 11 | – | – | 13 |
| 2023 | 4 | 53 | 1 | – | 58 |
| 2024 | 3 | 52 | 2 | 2 | 59 |
| Total | 9 | 116 | 3 | 2 | 130 |
