Hyderabad MarketBeat Reports

Hyderabad experienced strong leasing activity in Q2 2023, with nearly 590,000 sf of leasing across malls and main streets, representing a 12% quarterly growth. Fashion, jewelry, and lifestyle brands drove the market traction, accounting for 50% of leasing volumes. Limited supply and healthy demand in prominent main streets led to rental appreciation, with main streets like Banjara Hills and Himayat Nagar witnessing a rental hike of around 1-5% on a q-o-q basis.

Hyderabad's real estate market saw healthy growth in Q2 2023, with a 6% increase in unit launches and a 17% y-o-y growth. The western corridor experienced robust activity, with over 9,000 units launched. The high-end segment dominated launches, accounting for 75% of the total. Additionally, selected areas near office hubs witnessed a 6% rise in rentals due to increased demand from returning employees.

The Hyderabad warehousing sector experienced significant growth in H1 2023, with a 62% increase in lease volume compared to the previous year, largely driven by e-commerce and consumer durable sectors. Warehouse rentals remained stable in prominent locations, but land rates saw an average annual growth of 8-12% in certain submarkets. Additionally, 2023 Industrial Policy led to heavy Investments in Industrial Sector.