Property Guide Oct 28, 2026 • 49 min read • 106 views

Hyderabad Property Guide 2026: Prices by Area, Rents, Supply, Metro, Stamp Duty and Checklist

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Hyderabad Property Guide 2026: Prices by Area, Rents, Supply, Metro, Stamp Duty and Checklist

"Hyderabad's housing market is driven by jobs in the western IT and finance hubs, with the old city and Charminar to the south."

Hyderabad Property Guide 2026: Prices, Rents & Costs

Updated 12 October 2026 · Covers Hyderabad, Secunderabad and the main suburbs within the Outer Ring Road · Reading time: 13 minutes

Illustration of Hyderabad with the Charminar, glass office towers and an elevated metroThe Charminar on the left, glass office and apartment towers on the right, an elevated metro train in the foreground and a sign reading Hyderabad property guide 2026.HyderabadProperty guide, 2026
Hyderabad's housing market is driven by jobs in the western IT and finance hubs, with the old city and Charminar to the south.

Short answer: Flats in Hyderabad cost about ₹9,400 per sq ft on average in 2026, according to Square Yards listings. That ranges from about ₹6,250 in Uppal and ₹6,500 in Bachupally to ₹12,450 in Gachibowli and ₹16,850 in Jubilee Hills. Prices are up 93% since 2019, among the fastest of India's big cities, but growth has slowed to about 6% to 7% a year. Supply is the big issue: launches rose 53% in the year to Q2 2026 while sales rose 3%, leaving about 27 months of unsold homes, the most of any major city. Gross rental yields are about 3.5% to 4.5%, and stamp duty, transfer duty and registration add 7.5% to the price.

Key takeaways

  • Flats average about ₹9,400 per sq ft, from ₹6,250 in Uppal and ₹6,500 in Bachupally to ₹12,450 in Gachibowli and ₹16,850 in Jubilee Hills.
  • Prices are up 93% since 2019, but growth has slowed to about 6% to 7% a year.
  • Launches rose 53% in the year to Q2 2026 while sales rose 3%, leaving about 27 months of unsold homes, the most of any big city.
  • Gross rental yields are about 3.5% to 4.5% in most areas, and office leasing hit a record 7.5 million sq ft in H1 2026.
  • Stamp duty, transfer duty and registration total 7.5% for every buyer; check a property's lake FTL and buffer status before you buy.

Hyderabad property at a glance

Four key figures for Hyderabad property in 2026Four panels: average asking price 9,400 rupees per square foot; prices up 93 percent since 2019; about 1,08,700 unsold homes, or 27 months of sales; and stamp duty, transfer duty and registration of 7.5 percent.₹9,400Average asking price persq ftSquare Yards, Oct 2026+93%Price rise since 2019ANAROCK27 monthsTo sell unsold homes atcurrent salesANAROCK, Q2 20267.5%Stamp duty, transferduty and registrationTelangana rates
Figure 1. Hyderabad property in four numbers. Sources as labelled.
Table 1. Key figures for Hyderabad housing, 2026
MeasureFigureSource
Average asking price₹9,400 per sq ft, +1.2% in a quarterSquare Yards, October 2026
Weighted average price₹8,258 per sq ft, +7% in a yearKnight Frank, H1 2026
Average quoted price, new projects₹8,090 per sq ft, +6% in a yearANAROCK, Q2 2026
Price change since 2019+93%ANAROCK
Homes sold, Jan–Sep 202629,125, +2%Knight Frank
Homes launched and sold, Q2 202617,000 launched (+53%); 11,300 sold (+3%)ANAROCK
Unsold homes1,08,700, about 27 months of sales (ANAROCK, Q2 2026); 56,095 (Knight Frank, June 2026)ANAROCK; Knight Frank
Gross rental yield3.6% citywide; 2.6% to 4.8% by areaANAROCK; Square Yards
Stamp duty, transfer duty and registration7.5% in all, same for men and womenTelangana rates
Office leasing, H1 20267.5 million sq ft, a record half-year, +29%Knight Frank
Average asking price per square foot in 13 Indian cities, 2026Bar chart of Square Yards city averages: Mumbai 37,700, Navi Mumbai 19,000, Delhi 18,200, Gurgaon 15,100, Pune 13,550, Noida 12,650, Bangalore 12,400, Hyderabad 9,400, Chennai 9,200, Kolkata 6,800, Ahmedabad 5,900, Jaipur 4,950, Surat 4,550 rupees per square foot. Hyderabad is highlighted.0₹10,000₹20,000₹30,000₹40,000Mumbai: ₹37,700Mumbai₹37,700Navi Mumbai: ₹19,000Navi Mumbai₹19,000Delhi: ₹18,200Delhi₹18,200Gurgaon: ₹15,100Gurgaon₹15,100Pune: ₹13,550Pune₹13,550Noida: ₹12,650Noida₹12,650Bangalore: ₹12,400Bangalore₹12,400Hyderabad: ₹9,400Hyderabad₹9,400Chennai: ₹9,200Chennai₹9,200Kolkata: ₹6,800Kolkata₹6,800Ahmedabad: ₹5,900Ahmedabad₹5,900Jaipur: ₹4,950Jaipur₹4,950Surat: ₹4,550Surat₹4,550
Figure 2. Average asking price per sq ft in the 13 cities covered by our guides, with Hyderabad highlighted. Source: Square Yards, 2026.

At about ₹9,400 per sq ft, Hyderabad is the sixth cheapest of the 13 cities in our guides, at about 25% of Mumbai’s average.

Map of areas and metro

Schematic map of Hyderabad's main residential areas with average asking prices, metro lines and the airportSchematic, not to scale. The Outer Ring Road circles the city, with Hussain Sagar lake near the centre and the Old City and Charminar to the south. The west includes Madhapur, Gachibowli, Kokapet, Narsingi, Manikonda and Tellapur around HITEC City and the Financial District; the north-west includes Kukatpally, Miyapur and Bachupally; Kompally is to the north; Uppal and LB Nagar are to the east; Shamshabad and the airport are to the south, with the planned Bharat Future City to the south-east. The Red, Blue and Green metro lines are shown. Average asking prices range from 6,250 rupees per square foot in Uppal to 16,850 in Jubilee Hills.Outer Ring RoadHussain SagarMusi riverRed Line, Miyapur–LB Nagar (open)Blue Line, Raidurg–Nagole (open)Green Line, JBS–MGBS (open)Bachupally₹6,500Kompally₹6,750Miyapur₹8,500Kukatpally₹8,650Madhapur₹13,305Jubilee Hills₹16,850Banjara Hills₹10,600Gachibowli₹12,450Tellapur₹9,750Kokapet₹12,000Narsingi₹10,850Manikonda₹9,150Uppal₹6,250LB Nagar₹6,750Shamshabad₹8,200Old City, Charminar✈Rajiv Gandhi International AirportBharat Future Cityplanned, south-eastHITEC City andFinancial DistrictSchematic, not to scale
Figure 3. Hyderabad's main residential areas with average asking price per sq ft, the three metro lines, the airport and the planned Bharat Future City. Schematic, not to scale.

Hyderabad grew outward from the Old City around the Charminar and the twin city of Secunderabad, north of Hussain Sagar lake. Most new jobs and new homes are now in the west: HITEC City (Madhapur), Gachibowli and the Financial District, with Kokapet, Narsingi, Manikonda and Tellapur around them. The north-west (Kukatpally, Miyapur, Bachupally) is the main mid-market belt, while the east (Uppal, LB Nagar) and north (Kompally) are cheaper. The 158 km Outer Ring Road (ORR) links them all, and the airport is to the south at Shamshabad. The Greater Hyderabad Municipal Corporation (GHMC) governs the core city and the Hyderabad Metropolitan Development Authority (HMDA) the wider region.

Property prices by area

In short: flats in Hyderabad average about ₹9,400 per sq ft. Of the areas in this guide, Uppal (₹6,250) and Bachupally (₹6,500) are the cheapest, and Jubilee Hills (₹16,850) and Madhapur (₹13,305) the most expensive.

Average asking price per square foot in 15 Hyderabad areas, 2026Horizontal bar chart. Jubilee Hills is highest at 16,850 rupees per square foot, then Madhapur at 13,305, Gachibowli at 12,450 and Kokapet at 12,000. Bachupally is 6,500 and Uppal 6,250. The city average is 9,400.0₹5,000₹10,000₹15,000₹20,000Jubilee Hills: ₹16,850Jubilee Hills₹16,850Madhapur: ₹13,305Madhapur₹13,305Gachibowli: ₹12,450Gachibowli₹12,450Kokapet: ₹12,000Kokapet₹12,000Narsingi: ₹10,850Narsingi₹10,850Banjara Hills: ₹10,600Banjara Hills₹10,600Tellapur: ₹9,750Tellapur₹9,750Manikonda: ₹9,150Manikonda₹9,150Kukatpally: ₹8,650Kukatpally₹8,650Miyapur: ₹8,500Miyapur₹8,500Shamshabad: ₹8,200Shamshabad₹8,200LB Nagar: ₹6,750LB Nagar₹6,750Kompally: ₹6,750Kompally₹6,750Bachupally: ₹6,500Bachupally₹6,500Uppal: ₹6,250Uppal₹6,250
Figure 4. Average asking price per sq ft by area, June to October 2026. Source: Square Yards.

Select a column heading to sort. Enter a budget to see how much floor area it buys in each area at the average asking price.

Table 2. Prices and yields in 15 Hyderabad areas
Zone
Jubilee Hills₹16,850+37.3%2.6%+79%Central-West
Madhapur₹13,305−0.2%n/a+42%West
Gachibowli₹12,450+0.1%3.6%+32%West
Kokapet₹12,000+0.6%3.5%+28%West
Narsingi₹10,850+0.9%4.1%+15%West
Banjara Hills₹10,600−7.6%4.4%+13%Central
Tellapur₹9,750−6.5%3.9%+4%West
Manikonda₹9,150+1.7%4.2%−3%West
Kukatpally₹8,650+1.2%4.3%−8%North-West
Miyapur₹8,500+2.0%4.2%−10%North-West
Shamshabad₹8,200−7.3%n/a−13%South
LB Nagar₹6,750+5.8%n/a−28%East
Kompally₹6,750−2.5%3.2%−28%North
Bachupally₹6,500−11.4%4.1%−31%North-West
Uppal₹6,250−8.0%4.8%−34%East

Source: Square Yards area pages, June to October 2026. Prices are averages of listed asking prices for apartments. Square Yards labels the recent change inconsistently as quarterly or yearly, and large swings, such as Jubilee Hills' +37% and Bachupally's −11%, mostly reflect changes in which projects are listed. Banjara Hills' average is pulled down by older flats; Knight Frank puts new premium homes there at ₹14,400 to ₹16,020 per sq ft. Uppal's page also shows a headline of ₹6,800. "Vs. city average" compares each area with the ₹9,400 city average.

Average asking price in each Hyderabad area compared with the city averageDiverging bar chart. Compared with the Hyderabad average of 9,400 rupees per square foot, Jubilee Hills is 79 percent higher and Uppal is 34 percent lower.−50%0%+50%+100%Jubilee Hills+79%Madhapur+42%Gachibowli+32%Kokapet+28%Narsingi+15%Banjara Hills+13%Tellapur+4%Manikonda−3%Kukatpally−8%Miyapur−10%Shamshabad−13%LB Nagar−28%Kompally−28%Bachupally−31%Uppal−34%
Figure 5. Average asking price in each area compared with the city average of ₹9,400 per sq ft. Calculated from Square Yards data.
Average asking price per square foot by zone of HyderabadBar chart. Central Hyderabad 10,850 rupees per square foot, West 9,900, North 8,500, Secunderabad 7,800, East 7,450 and South 6,650.0₹3,000₹6,000₹9,000₹12,000Central: ₹10,850Central₹10,850West: ₹9,900West₹9,900North: ₹8,500North₹8,500Secunderabad: ₹7,800Secunderabad₹7,800East: ₹7,450East₹7,450South: ₹6,650South₹6,650
Figure 6. Average asking price per sq ft by zone. Source: Square Yards, October 2026.
Hyderabad areas grouped by price compared with the city averageFour panels grouping Hyderabad areas by average asking price relative to the city average of 9,400 rupees per square foot. Under 75% of the city average: Uppal, Bachupally, LB Nagar, Kompally. 75% to 100%: Shamshabad, Miyapur, Kukatpally, Manikonda. 100% to 125%: Tellapur, Banjara Hills, Narsingi. Over 125% of the city average: Kokapet, Gachibowli, Madhapur, Jubilee Hills.Under 75% of the cityaverage4 areasUppalBachupallyLB NagarKompally75% to 100%4 areasShamshabadMiyapurKukatpallyManikonda100% to 125%3 areasTellapurBanjara HillsNarsingiOver 125% of the cityaverage4 areasKokapetGachibowliMadhapurJubilee Hills
Figure 7. Areas in this guide grouped by how their average asking price compares with the Hyderabad average of ₹9,400 per sq ft. Calculated from Square Yards data.

What your budget buys

Floor area that 1 crore rupees buys in each Hyderabad areaBar chart. One crore rupees buys about 1,600 square feet in Uppal and 1,538 in Bachupally, about 1,176 in Miyapur and 1,093 in Manikonda, about 803 in Gachibowli and about 593 in Jubilee Hills.0 sq ft500 sq ft1,000 sq ft1,500 sq ft2,000 sq ftUppal: 1,600 sq ftUppal1,600 sq ftBachupally: 1,538 sq ftBachupally1,538 sq ftLB Nagar: 1,481 sq ftLB Nagar1,481 sq ftKompally: 1,481 sq ftKompally1,481 sq ftShamshabad: 1,220 sq ftShamshabad1,220 sq ftMiyapur: 1,176 sq ftMiyapur1,176 sq ftKukatpally: 1,156 sq ftKukatpally1,156 sq ftManikonda: 1,093 sq ftManikonda1,093 sq ftTellapur: 1,026 sq ftTellapur1,026 sq ftBanjara Hills: 943 sq ftBanjara Hills943 sq ftNarsingi: 922 sq ftNarsingi922 sq ftKokapet: 833 sq ftKokapet833 sq ftGachibowli: 803 sq ftGachibowli803 sq ftMadhapur: 752 sq ftMadhapur752 sq ftJubilee Hills: 593 sq ftJubilee Hills593 sq ft
Figure 8. Floor area that ₹1 crore buys at each area's average asking price. Calculated from Square Yards data.
Table 3. What your budget buys in Hyderabad
BudgetWhere to lookTypical size at average prices
Under ₹60 lakhUppal, Bachupally, Kompally, LB NagarAbout 890 to 960 sq ft: a 2 BHK
₹60 lakh to ₹1.2 croreShamshabad, Miyapur, Kukatpally, Manikonda, TellapurAbout 615 to 1,460 sq ft: a 2 or 3 BHK
₹1.2 crore to ₹2.5 croreBanjara Hills, Narsingi, Kokapet, Gachibowli, MadhapurAbout 900 to 2,360 sq ft: a 2 to 4 BHK
Above ₹2.5 croreJubilee Hills, and luxury towers in Kokapet and the Financial DistrictAbout 1,480 sq ft and up

Calculated from Square Yards average asking prices. Use the budget column in Table 2 for any amount.

Price of a 1,000 sq ft flat in each Hyderabad area at average asking pricesBar chart. At average asking prices, a 1,000 square foot flat costs about ₹1.69 crore in Jubilee Hills and about ₹62 lakh in Uppal.0₹50 lakh₹1 crore₹1.5 crore₹2 croreJubilee Hills: ₹1.69 croreJubilee Hills₹1.69 croreMadhapur: ₹1.33 croreMadhapur₹1.33 croreGachibowli: ₹1.25 croreGachibowli₹1.25 croreKokapet: ₹1.20 croreKokapet₹1.20 croreNarsingi: ₹1.08 croreNarsingi₹1.08 croreBanjara Hills: ₹1.06 croreBanjara Hills₹1.06 croreTellapur: ₹98 lakhTellapur₹98 lakhManikonda: ₹92 lakhManikonda₹92 lakhKukatpally: ₹86 lakhKukatpally₹86 lakhMiyapur: ₹85 lakhMiyapur₹85 lakhShamshabad: ₹82 lakhShamshabad₹82 lakhLB Nagar: ₹68 lakhLB Nagar₹68 lakhKompally: ₹68 lakhKompally₹68 lakhBachupally: ₹65 lakhBachupally₹65 lakhUppal: ₹62 lakhUppal₹62 lakh
Figure 9. What a typical 1,000 sq ft flat (roughly a 2 BHK) costs in each area at its average asking price, before stamp duty and other costs. Calculated from Square Yards data.

Price trends

Hyderabad home price growth reported by four sourcesBar chart. Knight Frank 7 percent in a year to H1 2026, ANAROCK 6 percent in a year to Q2 2026, JLL 1.9 percent in Q1 2026 alone, and Square Yards 1.2 percent in the latest quarter.0%2%4%6%8%Knight FrankWeighted average, H1 2026, yearly+7%ANAROCKQuoted price, Q2 2026, yearly+6%JLLCapital values, Q1 2026, quarterly+1.9%Square YardsAsking prices, latest quarter+1.2%
Figure 10. Hyderabad price growth from four measures. Note the different periods. Sources: Knight Frank India, H1 2026; ANAROCK, Q2 2026; JLL, Q1 2026; Square Yards, October 2026.

The annual measures put Hyderabad's price growth at 6% to 7%: Knight Frank's weighted average rose 7% to ₹8,258 per sq ft in H1 2026, and ANAROCK's quoted price rose 6% to ₹8,090 in Q2 2026. Quarterly measures show prices still edging up, by 1.9% in JLL's index for Q1 2026 and 1.2% in Square Yards' asking prices. Knight Frank found Banjara Hills recorded the city's fastest price rise, about 7%, to ₹14,400 to ₹16,020 per sq ft.

Recent change in average asking price by Hyderabad areaDiverging bar chart of recent asking price changes in Hyderabad. Jubilee Hills rose most, by 37.3 percent; Bachupally changed least, by -11.4 percent.−20%0%+20%+40%Jubilee Hills+37.3%LB Nagar+5.8%Miyapur+2.0%Manikonda+1.7%Kukatpally+1.2%Narsingi+0.9%Kokapet+0.6%Gachibowli+0.1%Madhapur−0.2%Kompally−2.5%Tellapur−6.5%Shamshabad−7.3%Banjara Hills−7.6%Uppal−8.0%Bachupally−11.4%
Figure 11. Recent change in average asking price by area. Source: Square Yards, 2026. Periods are labelled inconsistently by the source, and large swings reflect changes in listings.
Average home price growth, 2019 to Q2 2026, in 11 Indian citiesBar chart. Noida rose 125 percent, Gurugram 117 percent, Hyderabad 93 percent, Bengaluru 90 percent, Navi Mumbai 71 percent, Mumbai city 64 percent, Thane 63 percent, Pune 51 percent, Chennai and Delhi 47 percent and Kolkata 45 percent.0%35%70%105%140%Noida: +125%Noida+125%Gurugram: +117%Gurugram+117%Hyderabad: +93%Hyderabad+93%Bengaluru: +90%Bengaluru+90%Navi Mumbai: +71%Navi Mumbai+71%Mumbai city: +64%Mumbai city+64%Thane: +63%Thane+63%Pune: +51%Pune+51%Chennai: +47%Chennai+47%Delhi: +47%Delhi+47%Kolkata: +45%Kolkata+45%
Figure 12. Change in average home prices, 2019 to Q2 2026. Source: ANAROCK Research, via Business Today, August 2026.

Over the longer run, Hyderabad's average rose 93% between 2019 and mid-2026, from ₹4,195 to ₹8,090 per sq ft. Only Noida (125%) and Gurugram (117%) rose faster among the 11 markets ANAROCK tracked. Hyderabad's rental yield also rose, from 2.6% to 3.6%.

Average home price per square foot in India's seven largest cities, Q2 2026Bar chart. MMR 17,780 rupees per square foot, NCR 9,810, Bengaluru 9,450, Pune 8,300, Hyderabad 8,090, Chennai 7,250 and Kolkata 6,345.0₹5,000₹10,000₹15,000₹20,000MMR: ₹17,780MMR₹17,780NCR: ₹9,810NCR₹9,810Bengaluru: ₹9,450Bengaluru₹9,450Pune: ₹8,300Pune₹8,300Hyderabad: ₹8,090Hyderabad₹8,090Chennai: ₹7,250Chennai₹7,250Kolkata: ₹6,345Kolkata₹6,345
Figure 13. Average quoted price per sq ft for new projects, Q2 2026. Source: ANAROCK Pan India Residential Market Viewpoints, Q2 2026.

Despite that growth, Hyderabad remains cheaper than Mumbai, Delhi NCR, Bengaluru and Pune on ANAROCK's figures.

ANAROCK average quoted base price in five Hyderabad micro-markets, Q1 2025 and Q1 2026Dot chart. Gachibowli rose from 9,500 to 10,000 rupees per square foot, up 5.3 percent; Kondapur from 9,200 to 9,700, up 5.4 percent; LB Nagar from 7,100 to 7,440, up 4.8 percent; Miyapur from 7,000 to 7,320, up 4.6 percent; and Adibatla from 4,850 to 5,140, up 6.0 percent.Q1 2025Q1 20260₹3,000₹6,000₹9,000₹12,000Gachibowli: ₹9,500 to ₹10,000Gachibowli₹10,000 · +5.3%Kondapur: ₹9,200 to ₹9,700Kondapur₹9,700 · +5.4%LB Nagar: ₹7,100 to ₹7,440LB Nagar₹7,440 · +4.8%Miyapur: ₹7,000 to ₹7,320Miyapur₹7,320 · +4.6%Adibatla: ₹4,850 to ₹5,140Adibatla₹5,140 · +6.0%
Figure 14. Average quoted base price in five ANAROCK micro-markets. Source: ANAROCK Hyderabad Residential Market Viewpoints, Q1 2025 and Q1 2026.

Area guide

Jubilee Hills

₹16,850 per sq ft · gross yield about 2.6% · 2 BHK rent about ₹50,050 a month. Hyderabad's most exclusive address, with large bungalows, embassies-style villas and a few premium apartment towers. Suits: top-end buyers wanting a prestige central address.

Madhapur

₹13,305 per sq ft. Heart of HITEC City, with offices, malls and the Blue Line metro. Suits: professionals who want to walk or take the metro to work in HITEC City.

Gachibowli

₹12,450 per sq ft · gross yield about 3.6% · 2 BHK rent about ₹50,000 a month. Large IT and financial hub next to the Financial District and the University of Hyderabad. Suits: tech and finance workers in the western IT corridor.

Kokapet

₹12,000 per sq ft · gross yield about 3.5% · 2 BHK rent about ₹45,200 a month. Fast-rising luxury high-rise cluster, including the Neopolis layout, on the Outer Ring Road. Suits: buyers wanting new premium towers near the Financial District.

Narsingi

₹10,850 per sq ft · gross yield about 4.1% · 2 BHK rent about ₹50,000 a month. Western suburb on the Outer Ring Road between Gachibowli and Kokapet. Suits: families wanting new projects close to the IT corridor.

Banjara Hills

₹10,600 per sq ft · gross yield about 4.4% · 2 BHK rent about ₹40,750 a month. Upmarket central area with offices, hospitals, restaurants and older apartments. Suits: buyers wanting an established central address.

Tellapur

₹9,750 per sq ft · gross yield about 3.9% · 2 BHK rent about ₹45,150 a month. Large new-supply area west of the IT corridor with gated communities and big townships. Suits: families wanting a newer, larger home within reach of the IT hubs.

Manikonda

₹9,150 per sq ft · gross yield about 4.2% · 2 BHK rent about ₹40,200 a month. Dense residential area between Gachibowli and the old city, popular with renters. Suits: investors and tenants working in Gachibowli and the Financial District.

Kukatpally

₹8,650 per sq ft · gross yield about 4.3% · 2 BHK rent about ₹37,750 a month. Busy, established suburb with KPHB Colony, markets and the Red Line metro. Suits: families wanting metro access and established schools and shops.

Miyapur

₹8,500 per sq ft · gross yield about 4.2% · 2 BHK rent about ₹37,900 a month. End of the Red Line metro, with many mid-priced projects. Suits: mid-budget buyers wanting metro access.

Shamshabad

₹8,200 per sq ft. Airport area south of the city, with plotted and new apartment projects. Suits: long-term buyers betting on the airport and the southern corridor.

LB Nagar

₹6,750 per sq ft. South-eastern hub at the end of the Red Line, on the Vijayawada highway. Suits: budget buyers in the east with metro access.

Kompally

₹6,750 per sq ft · gross yield about 3.2% · 2 BHK rent about ₹18,400 a month. Northern suburb on the Nagpur highway with villas and gated projects. Suits: families wanting space at lower prices in the north.

Bachupally

₹6,500 per sq ft · gross yield about 4.1% · 2 BHK rent about ₹35,000 a month. Growing north-western area beyond Miyapur with many new towers and schools. Suits: first-time buyers wanting newer projects at lower prices.

Uppal

₹6,250 per sq ft · gross yield about 4.8%. Eastern suburb on the Blue Line metro, near the IT parks at Pocharam. Suits: budget buyers and landlords seeking higher rental yields.

Prices, yields and rents: Square Yards, 2026. Descriptions are general; check individual projects.

Rents and rental yield

In short: A 2 BHK averages about ₹40,000 to ₹50,000 a month in the western IT areas and ₹14,000 to ₹38,000 in the north and east. Gross yields are about 3.5% to 4.5% in most areas; Uppal is highest at 4.8%.

Average monthly rent for a 2 BHK in 10 Hyderabad areas, Square Yards listingsBar chart. Jubilee Hills, Gachibowli and Narsingi about 50,000 rupees a month; Tellapur 45,150 and Kokapet 45,200; Banjara Hills 40,750 and Manikonda 40,200; Miyapur 37,900 and Kukatpally 37,750; Bachupally 35,000; and Kompally 18,400.0₹20k₹40k₹60kJubilee Hills: ₹50,050Jubilee Hills₹50,050Gachibowli: ₹50,000Gachibowli₹50,000Narsingi: ₹50,000Narsingi₹50,000Kokapet: ₹45,200Kokapet₹45,200Tellapur: ₹45,150Tellapur₹45,150Banjara Hills: ₹40,750Banjara Hills₹40,750Manikonda: ₹40,200Manikonda₹40,200Miyapur: ₹37,900Miyapur₹37,900Kukatpally: ₹37,750Kukatpally₹37,750Bachupally: ₹35,000Bachupally₹35,000Kompally: ₹18,400Kompally₹18,400
Figure 15. Average monthly rent for a 2 BHK, where listed. Source: Square Yards area pages, 2026.

A 2 BHK in the western IT areas averages about ₹40,000 to ₹50,000 a month on Square Yards listings, and ₹35,000 to ₹38,000 in the north-west. ANAROCK's quoted ranges are lower, because they cover typical new projects rather than all listings: ₹32,000 to ₹43,000 in Gachibowli and ₹14,200 to ₹18,000 in LB Nagar. JLL found rents rose 1.4% in Q1 2026.

ANAROCK quoted monthly rent for a 2 BHK in five Hyderabad micro-markets, Q1 2026Range bar chart. Gachibowli 32,000 to 43,000 rupees a month, Kondapur 28,700 to 34,000, Miyapur 21,000 to 28,000, Adibatla 14,500 to 20,000 and LB Nagar 14,200 to 18,000.₹0k₹10k₹20k₹30k₹40k₹50kGachibowli: ₹32k–43kGachibowli₹32k–43kKondapur: ₹28.7k–34kKondapur₹28.7k–34kMiyapur: ₹21k–28kMiyapur₹21k–28kAdibatla: ₹14.5k–20kAdibatla₹14.5k–20kLB Nagar: ₹14.2k–18kLB Nagar₹14.2k–18k
Figure 16. Quoted monthly rent for a 2 BHK. Source: ANAROCK Hyderabad Residential Market Viewpoints, Q1 2026.
Price per square foot against gross rental yield in Hyderabad areasScatter chart of 12 Hyderabad areas. Uppal has the highest yield at 4.8 percent at 6,250 rupees per square foot; Jubilee Hills has the lowest at 2.6 percent at 16,850.₹4,000₹6,000₹8,000₹10,000₹12,000₹14,000₹16,000₹18,000₹20,0002%3%4%5%6%Average asking price per sq ftGross rental yieldUppalBanjara HillsKukatpallyMiyapurManikondaNarsingiBachupallyTellapurGachibowliKokapetKompallyJubilee HillsUppal: ₹6,250 per sq ft, 4.8%Banjara Hills: ₹10,600 per sq ft, 4.4%Kukatpally: ₹8,650 per sq ft, 4.3%Miyapur: ₹8,500 per sq ft, 4.2%Manikonda: ₹9,150 per sq ft, 4.2%Narsingi: ₹10,850 per sq ft, 4.1%Bachupally: ₹6,500 per sq ft, 4.1%Tellapur: ₹9,750 per sq ft, 3.9%Gachibowli: ₹12,450 per sq ft, 3.6%Kokapet: ₹12,000 per sq ft, 3.5%Kompally: ₹6,750 per sq ft, 3.2%Jubilee Hills: ₹16,850 per sq ft, 2.6%
Figure 17. Average asking price against gross rental yield for 11 areas with yield data. Source: Square Yards, 2026.

Cheaper areas tend to earn higher yields: Uppal returns about 4.8% gross and Kukatpally 4.3%, while Jubilee Hills returns only 2.6%. By zone, West Hyderabad averages about 4.1%.

Average gross rental yield by zone of HyderabadBar chart. West Hyderabad 4.12 percent, North 3.67 percent, South 3.43 percent and East 3.38 percent.0%1%2%3%4%5%West: 4.12%West4.12%North: 3.67%North3.67%South: 3.43%South3.43%East: 3.38%East3.38%
Figure 18. Average gross rental yield by zone. Source: Square Yards, October 2026.

EMI or rent?

Monthly EMI compared with rent on Hyderabad flats of three pricesGrouped bar chart. On a 75 lakh rupee flat the EMI is about 50,186 rupees against rent of about 22,500. On a 1.5 crore rupee flat the EMI is about 1,00,373 rupees against rent of about 45,000. On a 2.5 crore rupee flat the EMI is about 1,67,288 rupees against rent of about 75,000.Monthly EMIMonthly rent0₹60,000₹1,20,000₹1,80,000₹75 lakh₹50,186₹22,500₹1.5 crore₹1,00,373₹45,000₹2.5 crore₹1,67,288₹75,000
Figure 19. Monthly EMI and rent on the same flat: 80% loan, 20 years, 8%; rent at a 3.6% gross yield.
Table 4. Monthly EMI compared with rent on the same flat
Flat priceDown payment (20%)Monthly EMITypical monthly rentEMI ÷ rent
₹75 lakh₹15 lakh₹50,186₹22,5002.2×
₹1.5 crore₹30 lakh₹1,00,373₹45,0002.2×
₹2.5 crore₹50 lakh₹1,67,288₹75,0002.2×

Owning costs about 2.2 times as much each month as renting the same flat. Home loans became slightly dearer after the Reserve Bank of India raised the repo rate by 0.25 percentage points on 7 October 2026.

Monthly EMI on a typical Hyderabad flat at five interest ratesBar chart. For an ₹75 lakh loan over 20 years, the EMI is about 60,581 rupees a month at 7.5 percent and 70,096 at 9.5 percent.0₹20,000₹40,000₹60,000₹80,0007.5%: ₹60,5817.5%₹60,5818%: ₹62,9008%₹62,9008.5%: ₹65,2608.5%₹65,2609%: ₹67,6599%₹67,6599.5%: ₹70,0969.5%₹70,096
Figure 20. Monthly EMI on an 80% loan of ₹75 lakh over 20 years, for a 1,000 sq ft flat at the Hyderabad average of ₹9,400 per sq ft. The highlighted 8% is the rate used elsewhere in this guide.

Each half-point rise in the interest rate adds about ₹2,320 a month to the EMI on this loan, so compare lenders and ask how your rate is linked to the repo rate.

Sales, supply and demand

Homes sold in India's eight largest cities, January to September 2026Bar chart. Mumbai region 72,804 homes, Bengaluru 43,140, Pune 36,402, NCR 35,574, Hyderabad 29,125, Ahmedabad 14,300, Chennai 13,871 and Kolkata 13,022.020,00040,00060,00080,000Mumbai: 72,804Mumbai72,804Bengaluru: 43,140Bengaluru43,140Pune: 36,402Pune36,402NCR: 35,574NCR35,574Hyderabad: 29,125Hyderabad29,125Ahmedabad: 14,300Ahmedabad14,300Chennai: 13,871Chennai13,871Kolkata: 13,022Kolkata13,022
Figure 21. Homes sold in January to September 2026. Source: Knight Frank India, via Investment Guru India.

Knight Frank counted 29,125 homes sold in Hyderabad in January to September 2026, up 2%, the fifth-largest of India's eight big markets. In the first half, sales rose 1% to 19,249 and launches fell 2% to 20,466, while unsold stock rose 3% to 56,095 homes, about 5.9 quarters of sales.

Hyderabad housing market, H1 2026Four panels: 19,249 homes sold in H1 2026, up 1 percent; 20,466 homes launched, down 2 percent; 56,095 unsold homes, up 3 percent; and a weighted average price of 8,258 rupees per square foot, up 7 percent.19,249Homes sold, H1 2026+1%, Knight Frank20,466Homes launched, H1 2026−2%, Knight Frank56,095Unsold homes, June 2026+3%, Knight Frank₹8,258Weighted average priceper sq ft+7%, Knight Frank
Figure 22. Hyderabad housing market, H1 2026. Source: Knight Frank India Real Estate H1 2026.
Hyderabad homes launched and sold, Q2 2025, Q1 2026 and Q2 2026 (ANAROCK)Grouped bar chart. Q2 2025: 11,100 homes launched and 11,000 sold. Q1 2026: 19,300 launched and 12,400 sold. Q2 2026: 17,000 launched and 11,300 sold.LaunchedSold05,00010,00015,00020,000Q2 202511,10011,000Q1 202619,30012,400Q2 202617,00011,300
Figure 23. Hyderabad homes launched and sold. Source: ANAROCK, Q2 2026 and Q1 2026.

ANAROCK, which covers the wider metropolitan region, paints a starker picture. Developers launched 17,000 homes in Q2 2026, up 53% on a year earlier, against 11,300 sold, up 3%. Unsold stock rose 11% to about 1,08,700 homes.

Months needed to sell unsold homes at the current pace, by city, Q2 2026Bar chart. Bengaluru 15 months, Pune 16, Delhi NCR, Mumbai and Chennai 18, Kolkata 21 and Hyderabad 27, the highest of the seven cities.0102030Bengaluru: 15 monthsBengaluru15 monthsPune: 16 monthsPune16 monthsDelhi NCR: 18 monthsDelhi NCR18 monthsMumbai MMR: 18 monthsMumbai MMR18 monthsChennai: 18 monthsChennai18 monthsKolkata: 21 monthsKolkata21 monthsHyderabad: 27 monthsHyderabad27 months
Figure 24. Months needed to sell the unsold stock at the current pace of sales, Q2 2026. Source: ANAROCK.

At 27 months, Hyderabad has the most unsold stock relative to sales of any major city. For buyers this means plenty of choice and room to negotiate, especially in large new projects.

Share of Hyderabad housing launches, sales and unsold stock by zone, Q1 2026Grouped bar chart. West Hyderabad had 56 percent of launches, 52 percent of sales and 65 percent of unsold stock. North Hyderabad had 30, 25 and 21 percent. South Hyderabad had 11, 17 and 9 percent. East Hyderabad had 5 percent of sales and 5 percent of unsold stock; its share of launches was not stated.LaunchesSalesUnsold stock0%20%40%60%80%West56%52%65%North30%25%21%South11%17%9%Eastnot stated5%5%
Figure 25. Share of housing activity by zone. Source: ANAROCK, Q1 2026.

West Hyderabad dominates, with more than half of launches and sales and about two-thirds of unsold homes. JLL found the western suburbs accounted for 97% of the 10,665 homes it counted launched in Q1 2026.

Share of homes launched in Hyderabad by price band, Q1 2026Bar chart. Homes priced at 1.5 to 2.5 crore rupees made up 61 percent of launches, homes at 80 lakh to 1.5 crore 21 percent, and all other price bands 18 percent.0%20%40%60%80%₹1.5–2.5 crore: 61%₹1.5–2.5 crore61%₹80 lakh–1.5 crore: 21%₹80 lakh–1.5 crore21%Other price bands: 18%Other price bands18%
Figure 26. Share of homes launched by price band. Source: ANAROCK, Q1 2026.

New supply is skewed to the top end: 61% of homes launched in Q1 2026 were priced at ₹1.5 crore to ₹2.5 crore. Knight Frank found homes of ₹1 crore to ₹2 crore sell fastest, in about 4.5 quarters.

Hyderabad office market, H1 2026Four panels: a record 7.5 million square feet of office space leased in H1 2026, up 29 percent; 45 percent leased by global capability centres; average office rent 80 rupees per square foot a month, up 7 percent; and vacancy of 11.5 percent.7.5 mn sq ftOffice space leased, H12026 (+29%)Record half-year, Knight Frank45%Leased by globalcapability centres3.4 mn sq ft₹80Office rent per sq ft amonth (+7%)Knight Frank11.5%Office vacancyKnight Frank
Figure 27. Hyderabad office market, H1 2026. Source: Knight Frank India.

Jobs keep demand strong. Hyderabad leased a record 7.5 million sq ft of office space in H1 2026, up 29%, with global capability centres taking 45%. Office rents rose 7%.

Metro, roads and Future City

Hyderabad infrastructure and policy timelineTimeline. June 2026: new government market values take effect across Telangana. July 2026: 99 percent of land notified for the northern Regional Ring Road, awaiting final approval. September 2026: the Ratanjanta expressway to Bharat Future City is under construction. December 2026: Bharat Future City master plan due. May 2028: Ratanjanta expressway completion deadline. No date yet: Metro Phase 2, about 122 kilometres, awaits central approval.Jun 2026New government market values take effect across TelanganaJul 2026RRR northern section: 99% of land notified; awaiting final approvalSep 2026Ratanjanta expressway to Bharat Future City under constructionDec 2026Bharat Future City master plan due at the Invest Telangana summitMay 2028Ratanjanta expressway completion deadline (41.5 km)Not setMetro Phase 2 (about 122 km) awaits central approval
Figure 28. Hyderabad infrastructure and policy milestones. Dates after October 2026 are targets. Sources: Swarajya; Telangana Today; Daily Pioneer; PropNewz.
  • Metro. Hyderabad Metro runs 69.2 km on three lines: Red (Miyapur–LB Nagar), Blue (Nagole–Raidurg) and Green (JBS–MGBS). The state has proposed Phase 2 of about 122 km, at an estimated ₹38,000 crore, including an airport line and an Old City extension. As of August 2026 it had not received central approval, and the state's planned takeover of the existing network had not progressed, so Phase 2 has no firm timeline.
  • Regional Ring Road (RRR). A new ring road of about 340 to 360 km well beyond the ORR. For the northern section (161.5 km, an estimated ₹23,936 crore), 99% of land had been notified by July 2026; the southern section's project report is not yet final. The state plans 21 radial roads linking the ORR and RRR.
  • Bharat Future City. A planned new city on the south-eastern edge, with zones for AI, life sciences, an EV park, health and education. Its master plan is due in December 2026, and large data centres are planned there. The 41.5 km, ₹4,621 crore Ratanjanta expressway from the ORR at Raviryala is due by May 2028.
  • Musi river. The first phase of the Musi riverfront revival has begun; buyers near the river should check what land may be acquired.

Infrastructure promises lift land prices on the fringes long before roads and metro lines open. Buy for what exists today, and treat future projects as a bonus.

Stamp duty, market value and buying costs

In short: on a ₹1 crore home, stamp duty, transfer duty and registration come to about ₹7.5 lakh for any buyer. Telangana has no lower rate for women, so a woman buying alone pays more here than in most of the cities in our guides.

Stamp duty, transfer duty and registration on a home in HyderabadStacked bar chart. Stamp duty is 5.5 percent, transfer duty 1.5 percent and the registration fee 0.5 percent, 7.5 percent in all.Stamp dutyTransfer dutyRegistration fee0%2%4%6%8%Flat in GHMC limits5.5%1.5%7.5% in all
Figure 29. Stamp duty, transfer duty and registration on a flat in Hyderabad. Source: Telangana rates, via PropNewz and Housing.com.
Table 5. Stamp duty and registration in Hyderabad
ChargeRateOn a ₹1 crore flat
Stamp duty5.5%₹5.5 lakh
Transfer duty (GHMC and other urban areas)1.5%₹1.5 lakh
Registration fee0.5%₹50,000
Total7.5%₹7.5 lakh

Charged on the higher of the sale price and the government market value. Telangana has no lower rate for women or first-time buyers. Some sources report a cap on the registration fee; confirm the exact amount with the sub-registrar or on the Telangana registration department's website before you pay.

The market value (often called the guideline value) is the government's minimum value for a property, used for stamp duty. Telangana revised market values across the state from 5 June 2026, the first revision of construction rates since 2021. Increases vary by locality and are largest in growth corridors near the ORR and the planned RRR, so check the value for your survey number or flat before agreeing a price.

Stamp duty and registration on a 1 crore rupee home in 13 Indian citiesGrouped bar chart of stamp duty plus registration on a 1 crore rupee home in 13 cities, for a man and for a woman. Surat: 5.9 lakh for a man and 4.9 lakh for a woman; Ahmedabad: 5.9 lakh for a man and 4.9 lakh for a woman; Mumbai: 6.3 lakh for a man and 5.3 lakh for a woman; Delhi: 7.0 lakh for a man and 5.0 lakh for a woman; Kolkata: 7.0 lakh for a man and 7.0 lakh for a woman; Chennai: 7.0 lakh for a man and 7.0 lakh for a woman; Navi Mumbai: 7.3 lakh for a man and 6.3 lakh for a woman; Pune: 7.3 lakh for a man and 6.3 lakh for a woman; Gurugram: 7.5 lakh for a man and 5.5 lakh for a woman; Hyderabad: 7.5 lakh for a man and 7.5 lakh for a woman; Bengaluru: 7.6 lakh for a man and 7.6 lakh for a woman; Noida: 8.0 lakh for a man and 7.0 lakh for a woman; Jaipur: 9.0 lakh for a man and 7.7 lakh for a woman.ManWoman0₹2.5 lakh₹5 lakh₹7.5 lakh₹10 lakhSurat₹5.9 lakh₹4.9 lakhAhmedabad₹5.9 lakh₹4.9 lakhMumbai₹6.3 lakh₹5.3 lakhDelhi₹7.0 lakh₹5.0 lakhKolkata₹7.0 lakh₹7.0 lakhChennai₹7.0 lakh₹7.0 lakhNavi Mumbai₹7.3 lakh₹6.3 lakhPune₹7.3 lakh₹6.3 lakhGurugram₹7.5 lakh₹5.5 lakhHyderabad₹7.5 lakh₹7.5 lakhBengaluru₹7.6 lakh₹7.6 lakhNoida₹8.0 lakh₹7.0 lakhJaipur₹9.0 lakh₹7.7 lakh
Figure 30. Stamp duty plus registration on a ₹1 crore home, for a man and a woman buying alone. Calculated from state rates in our city guides; Bengaluru includes an estimated cess.
Table 6. Other costs to budget for
CostTypical amountNotes
GST5% of priceUnder-construction homes only; 1% for homes that qualify as affordable
BrokerageAbout 1% to 2%Mainly on resale; negotiable
Maintenance depositVariesOften one to two years collected upfront on new flats
Property taxAnnualPaid to GHMC or the local municipality
Cash needed upfront to buy a 1 crore rupee home in HyderabadStacked bar chart for a man or joint buyer with an 80 percent home loan. A resale home needs about 28.5 lakh rupees upfront: a 20 lakh down payment, about 7.5 lakh in stamp duty and registration and 1 lakh brokerage. A new under-construction flat needs about 32.5 lakh: the down payment, about 7.5 lakh in duty and registration and 5 lakh GST.Down payment (20%)Duty and registrationBrokerageGST0₹8 lakh₹16 lakh₹24 lakh₹32 lakhResale, ready to move₹28.5 lakhNew flat, under construction₹32.5 lakh
Figure 31. Cash needed upfront on a ₹1 crore home with an 80% loan, for a man or joint buyer: the down payment plus costs that banks do not usually finance. Excludes interiors, maintenance deposits and loan fees.

Banks lend against the property price, so stamp duty, registration and GST usually have to come from your own savings on top of the down payment. Plan for about ₹28 lakh to ₹32 lakh in cash for every ₹1 crore of property.

Buying cost calculator

–Stamp and transfer duty (7%)
–Registration fee (0.5%)
–GST
–Brokerage
–Total cost of purchase

Duties are charged on the higher of the price and the market value, if you enter one. GST and brokerage are on the price. Excludes maintenance deposits, interiors and loan fees. An estimate, and not legal or tax advice.

Buyer's checklist

Eight checks before buying property in HyderabadEight numbered steps: Telangana RERA registration, title and encumbrance certificate for 30 years, layout and building approvals, lake full tank level and buffer check, occupancy certificate, government market value, site visit, full budget.1TG RERA registration→2Title and EC (30years)→3Layout and buildingapprovals→4Lake FTL and buffercheck5Occupancycertificate→6Market value→7Site visit→8Full budget
Figure 32. Eight checks before you buy. Details below.
  1. Check TG RERA registration. For a new project, search it on the Telangana Real Estate Regulatory Authority website and read its approvals, timelines and complaints.
  2. Verify the title and encumbrance. Have a lawyer trace the title through registered deeds for about 30 years and get an encumbrance certificate from the registration department.
  3. Check layout and building approvals. Confirm GHMC or HMDA layout and building permission, and that the building matches the approved plan.
  4. Check the lake FTL and buffer status. Ask the irrigation department in writing whether the survey number lies within any lake's full tank level or buffer zone; HYDRAA can demolish buildings inside these limits.
  5. Ask for the occupancy certificate. For a ready flat, do not pay in full without it.
  6. Look up the market value. Duty is charged on the higher of the price and the government market value, revised from 5 June 2026; check it on the registration department's website.
  7. Visit the site. Visit at rush hour and in the monsoon to check traffic, waterlogging and water supply.
  8. Budget for all costs. Add 7.5% in duties and registration, GST on under-construction homes, brokerage, maintenance deposits and interiors.
Typical steps and timing to buy a flatTimeline of six steps: 1, Shortlist and visit, about 2–6 weeks; 2, Legal and RERA checks, about 1–2 weeks; 3, Token and sale agreement, about 1 week; 4, Home loan sanction, about 2–4 weeks; 5, Pay duty and register, about 1–2 days; 6, Possession and transfer, about 2–8 weeks.1Shortlist andvisit2–6 weeks2Legal and RERAchecks1–2 weeks3Token and saleagreement1 week4Home loansanction2–4 weeks5Pay duty andregister1–2 days6Possession andtransfer2–8 weeks
Figure 33. Typical steps and timing to buy a ready flat with a home loan. Times are indicative and vary by property, lender and sub-registrar office.
Eight documents to collect before buying a flatEight panels: Title deed and chain: Sale deeds proving the seller owns it; Encumbrance certificate: No loans or claims on the property; Approved building plan: Sanctioned by the local authority; Completion or occupancy: Certificate for a ready building; RERA registration: For new or under-construction projects; Tax and utility receipts: Paid up to date, no dues; Society NOC: No-objection and no-dues letter; Land record extract: Matches the seller's name and area.Title deed andchainSale deeds proving theseller owns itEncumbrancecertificateNo loans or claims on thepropertyApprovedbuilding planSanctioned by the localauthorityCompletion oroccupancyCertificate for a readybuildingRERAregistrationFor new or under-construction projectsTax and utilityreceiptsPaid up to date, no duesSociety NOCNo-objection and no-duesletterLand recordextractMatches the seller's nameand area
Figure 34. Documents to collect and have checked by a lawyer before you pay more than a token amount. Names vary by state; see the checklist above for local terms.

Resale vs. new flat

Extra costs on a 1 crore rupee home in Hyderabad, resale versus a new flatStacked bar chart. A resale home costs about 8.5 lakh rupees on top of the price: 7.5 lakh in duties and registration and 1 lakh brokerage. A new under-construction flat costs about 12.5 lakh: 7.5 lakh in duties and registration and 5 lakh GST.Duties and registrationGSTBrokerage₹0 lakh₹4 lakh₹8 lakh₹12 lakhResale (ready to move)₹8.5 lakhNew flat, under construction₹12.5 lakh
Figure 35. Costs on top of the price for a ₹1 crore home in Hyderabad. Resale includes 1% brokerage. GST at 5% applies to under-construction homes that do not qualify as affordable.
Table 7. Resale and new flats compared
FactorResaleNew flat from a builder
Duties and registration7.5%7.5%
GSTNone5% while under construction (1% if affordable)
ChoiceEstablished areas such as Kukatpally, Banjara Hills and SecunderabadMostly the west and north-west: Kokapet, Tellapur, Narsingi, Bachupally
PriceOften negotiable, especially in older buildingsLarge unsold stock gives room to negotiate
Rent or move inImmediatelyAfter possession, often three to five years for large towers

Outlook for 2026 and 2027

  • Slower price growth. About 6% to 7% a year on the main measures, down from double digits.
  • Heavy supply. 27 months of unsold stock should keep prices in check and favour buyers.
  • Strong jobs. Record office leasing and new global capability centres support demand in the west.
  • Infrastructure on the fringes. The RRR, Future City and radial roads will shape the outer suburbs, but on long timelines.
  • Higher costs. New market values and a higher repo rate add to buying costs.

The data points to a buyer's market in new projects, with steady but slower price growth. No reliable price forecast has been published.

Risks

  • Oversupply. Unsold stock is the highest relative to sales of any big city, especially in high-priced western projects.
  • Lake encroachments. HYDRAA has demolished buildings inside lake FTL and buffer zones, even with registered deeds.
  • Construction delays. Many new projects are large, tall towers with long build times; check the developer's delivery record and RERA updates.
  • Flooding. Low-lying areas near lakes and nalas flood in heavy rain.
  • Infrastructure timelines. Metro Phase 2 lacks approval, and the RRR and Future City are years from completion.

Glossary

Market value (guideline value)
Telangana's government-set minimum property value, used for stamp duty.
GHMC
The Greater Hyderabad Municipal Corporation, which governs the core city and approves many building plans.
HMDA
The Hyderabad Metropolitan Development Authority, which plans the wider region and approves layouts outside GHMC.
ORR and RRR
The Outer Ring Road (158 km, open) and the planned Regional Ring Road further out.
FTL and buffer zone
A lake's full tank level, and the protected strip around it where building is not allowed.
HYDRAA
The Hyderabad Disaster Response and Asset Protection Agency, which removes encroachments on lakes and public land.
TG RERA
The Telangana Real Estate Regulatory Authority, where new projects must be registered.
EC
Encumbrance certificate, showing registered transactions and loans on a property.

Frequently asked questions

What is the average property price in Hyderabad in 2026?

The average asking price for flats in Hyderabad was about ₹9,400 per sq ft in October 2026, according to Square Yards listings. It ranges from about ₹6,250 in Uppal and ₹6,500 in Bachupally to ₹12,450 in Gachibowli, ₹13,305 in Madhapur and ₹16,850 in Jubilee Hills. ANAROCK's average for new projects was ₹8,090 in Q2 2026, and Knight Frank's weighted average was ₹8,258 in H1 2026.

How much have Hyderabad property prices increased?

ANAROCK's average for Hyderabad rose 93% between 2019 and Q2 2026, from ₹4,195 to ₹8,090 per sq ft, the third-fastest of 11 big markets after Noida and Gurugram. Growth has now slowed: Knight Frank puts the latest annual rise at 7% and ANAROCK at 6%.

Which is the best area to buy a flat in Hyderabad?

It depends on your budget and workplace. Gachibowli, Madhapur, Kokapet and Narsingi suit people working in HITEC City and the Financial District. Kukatpally and Miyapur are established and on the Red Line metro. Tellapur and Bachupally offer newer projects at lower prices, and Uppal, LB Nagar and Kompally are the main value areas. Jubilee Hills and Banjara Hills are the established premium addresses.

What is the stamp duty in Hyderabad?

Buyers in Hyderabad pay 5.5% stamp duty, 1.5% transfer duty and 0.5% registration fee, 7.5% in all, on the higher of the sale price and the government market value. Telangana charges men and women the same rate. On a ₹1 crore flat that comes to about ₹7.5 lakh.

What is the market value revision in Telangana?

Telangana revised its government market values (the minimum values used for stamp duty) across the state with effect from 5 June 2026, including flats and construction rates. The increase varies by locality and is largest in fast-growing corridors near the Outer Ring Road and the planned Regional Ring Road. Duty is charged on the market value if it is higher than the price.

Is Hyderabad real estate oversupplied?

Supply is running ahead of sales. ANAROCK counted 17,000 homes launched in Q2 2026, up 53% on a year earlier, against 11,300 sold, up 3%, leaving about 1,08,700 homes unsold. That is 27 months of sales, the highest of India's seven biggest cities. Knight Frank's narrower count of unsold homes is 56,095, about 5.9 quarters of sales.

What is the rental yield in Hyderabad?

Gross rental yields are about 3.5% to 4.5% in most areas on Square Yards listings, from 2.6% in Jubilee Hills to 4.8% in Uppal. ANAROCK puts the citywide yield at 3.6% in 2026, up from 2.6% in 2019. A 2 BHK typically rents for ₹35,000 to ₹50,000 a month in the western IT areas and ₹14,000 to ₹28,000 in the east and north.

Which metro lines are open in Hyderabad?

Hyderabad Metro runs 69.2 km on three lines: the Red Line from Miyapur to LB Nagar, the Blue Line from Nagole to Raidurg via Ameerpet and HITEC City, and the Green Line from JBS to MGBS. Telangana has proposed a Phase 2 of about 122 km, including an airport line and the Old City extension, at about ₹38,000 crore, but it has not received central approval.

What is Bharat Future City?

Bharat Future City is a new planned city being developed on the south-eastern edge of Hyderabad, with zones planned for an AI city, life sciences, an EV park, health, education and the Young India Skills University. Its master plan is due to be unveiled at the Invest Telangana Global Summit in December 2026, and the 41.5 km Ratanjanta expressway to reach it is due by May 2028.

What is HYDRAA and why does it matter to buyers?

HYDRAA, the Hyderabad Disaster Response and Asset Protection Agency, removes encroachments on lakes, nalas and public land, including buildings within a lake's full tank level (FTL) or buffer zone. It reclaimed about 88 acres in the first two months of 2026 alone. A registered sale deed or a layout approval does not protect a building inside these limits, so check the FTL and buffer status of the survey number with the irrigation department before buying.

Is it a good time to buy property in Hyderabad?

Buyers have choice and some room to negotiate: unsold stock is high, sales are flat and price growth has slowed to 6% to 7% a year. Demand from jobs remains strong, with record office leasing in H1 2026. It suits buyers who will live in the home or hold for the long term rather than those expecting quick gains.

What is the EMI on a ₹1 crore flat in Hyderabad?

With a 20% down payment and an ₹80 lakh loan for 20 years at 8%, the EMI is about ₹66,900 a month. A similar flat would rent for about ₹30,000 a month at Hyderabad's average yield of 3.6%, so the EMI is about 2.2 times the rent.

Gachibowli or Kokapet: which is better?

Gachibowli is more established, with large office campuses, schools and hospitals, at about ₹12,450 per sq ft and a gross yield of 3.6%. Kokapet is newer and dominated by premium high-rises, at about ₹12,000 per sq ft and 3.5%. Both are close to the Financial District; Kokapet has more supply under construction, so check delivery records carefully.

What should I check before buying a flat in Hyderabad?

Check the project's Telangana RERA registration, the title and encumbrance certificate going back about 30 years, GHMC or HMDA layout and building approvals, the lake full tank level and buffer status, and the occupancy certificate for a ready flat. Confirm the government market value and budget for 7.5% in duties and registration plus GST on under-construction flats.

How we compiled this guide

  • Area prices are average asking prices for apartments from Square Yards' area pages, checked between June and October 2026. Asking prices are what sellers list, not final sale prices, and they move as listings change.
  • City-wide trends, sales and supply come from research firms such as ANAROCK, Knight Frank, PropEquity, JLL and Crisil, as labelled under each chart. Each firm tracks different projects and periods, so we show their figures side by side rather than combining them.
  • Calculated figures, such as floor area for a budget, EMIs (80% loan, 20 years, 8%), rent at a stated yield and buying costs, are our own arithmetic from those sources.
  • Stamp duty and registration rates are taken from state rules as reported by the sources listed. Confirm the exact amount with the sub-registrar before you pay.
  • Dates. This guide was published on 12 October 2026. We plan to review it in January 2027.

Sources and resources

This page is general information, and not financial, legal or tax advice. Figures are averages from the sources listed and will differ for individual properties.