Registrations jump 32%; premium homes lead growth

The capital city’s residential property market staged a strong comeback in February 2026, with registrations rising to 6,179 units, marking a 3 per cent year-on-year increase and a sharp 32 per cent jump over January, according to Knight Frank India.

Shishir Baijal, Chairman and Managing Director, Knight Frank India said “The February data indicates that Hyderabad’s residential market continues to demonstrate resilience despite short-term fluctuations in monthly registrations."

In value terms, transactions touched Rs4,139 crore, up 5 per cent YoY and 42 per cent month-on-month, reflecting a surge in higher-value home purchases. Properties priced above Rs.1 crore continued to dominate, accounting for 18 per cent of total registrations and nearly 48 per cent of overall transaction value.

While the premium segment saw a 6 per cent annual rise, affordable housing (below Rs50 lakh) also showed signs of recovery with a 7 per cent increase.

However, the mid-segment (Rs50 lakh - Rs1 crore) remained under pressure, declining 7 per cent YoY.

Key IT-driven micro-markets such as Gachibowli, Kondapur and Narsingi continued to anchor demand, supported by strong infrastructure and employment hubs. Medchal - Malkajgiri and Rangareddy districts together accounted for 85 per cent of total registrations.

The data highlights a resilient housing market in Hyderabad, with premium homes driving growth even as broader demand gradually stabilizes.