Hyderabad’s real estate sector is experiencing a significant upsurge. Property registrations, building permits, and layout approvals have witnessed a sharp increase, indicating a thriving market.
Since the formation of the new government in December 2023, the Hyderabad Metropolitan Development Authority (HMDA) area has recorded a substantial rise in both property registrations and revenue generated. The number of building permits granted has also seen a notable uptick.
Click Here To Join Us On WhatsApp
Key Factors Driving the Boom
Government Initiatives: The ambitious Musi River Front Development Project, Metro Rail expansion, and the construction of elevated corridors are transforming the city’s landscape.
HMDA Expansion: The proposed extension of HMDA’s jurisdiction to the Regional Ring Road and the government’s focus on the RRR development have created a favorable environment for real estate growth.
Click Here To Join Us On WhatsApp
Numbers Tell the Story
Revenue: The government has earned Rs 4670.52 crore from plot and building registrations between December 2023 and June 2024, a significant increase compared to the previous seven months.
Registrations: There was a 12.5% increase in property registrations from December 2023 to June 2024 compared to the same period in 2022. Flat registrations grew by 7%.
Building Permits: The number of building permits granted by GHMC and HMDA increased by 13.17% from December 2023 to June 2024 compared to the previous seven months.
Click Here To Join Us On WhatsApp
These figures indicate a robust and expanding real estate market in Greater Hyderabad.
More Stories :
-
Rajasthani Film ‘Bharkhama’ Won Special Jury Mention at JIFF 2025
![Rajasthani Film ‘Bharkhama’ Won Special Jury Mention at JIFF 2025]()
The Rajasthani film Bharkhama made waves at the Jaipur International Film Festival (JIFF) 2025, earning the distinguished Special Jury Mention Award. The movie’s special screening at GT Inox, Malviya Nagar, Jaipur, left a profound impact on both viewers and critics, marking a significant moment for regional cinema. The event was further elevated by the presence…
-
Trump Launches $500 Billion “Stargate” AI Venture
![Trump Launches $500 Billion “Stargate” AI Venture]()
In a major push to advance artificial intelligence (AI) infrastructure, United States President Donald Trump revealed a $100 billion joint venture called “Stargate” on January 21 (January 22 IST). The initiative, spearheaded by SoftBank Group, OpenAI, and Oracle Corporation, aims to revolutionize AI development in the U.S. with plans to scale the investment to $500…
-
Dalit Groom Riding Horse Faces Opposition: Police Step in for Protection
![Dalit Groom Riding Horse Faces Opposition: Police Step in for Protection]()
In Lavera village of Srinagar block, Ajmer district, a wedding procession proceeded peacefully on January 21 under heavy police protection. Around 400 police personnel were deployed to prevent potential opposition from upper-caste locals, who reportedly objected to the groom riding a horse—an act traditionally viewed as a symbol of status and equality.
-
Beti Bachao Beti Padhao Marks 10 Years of Launch
![Beti Bachao Beti Padhao Marks 10 Years of Launch]()
As India marks the tenth anniversary of the Beti Bachao Beti Padhao (BBBP) initiative, Prime Minister Narendra Modi has hailed the program’s transformative impact on addressing gender disparities and empowering the girl child. Launched on January 22, 2015, the initiative has evolved into a landmark movement for gender equality and girl-child education in India.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter and Instagram. For all the latest Hyderabad News updates
