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Real Estate in Hyderabad: A Throwback to 2021

  • Writer: WinProp Projects
    WinProp Projects
  • Jan 14, 2022
  • 2 min read

Updated: Jun 22

Hyderabad's skyline reflects a year of recovery and growth



New years have a way of making us look both forward and back. Before diving into what 2022 might bring for real estate, it's worth pausing on just how much the sector learned -and achieved -over the year before it.


Hyderabad's Pandemic Comeback Story


2021 still carried plenty of pandemic-era uncertainty, but Hyderabad's real estate market refused to be rattled by it. The city didn't just survive the disruption -it emerged as one of the country's strongest performers in bouncing back from it.


Housing stayed largely affordable, infrastructure kept improving, and both investment and new project launches held steady momentum. According to Free Press Journal, Hyderabad led


Indian cities in new project launches, posting a 19% increase over the previous year - with Q3 alone delivering 189% year-on-year growth and a 40% jump over Q2.


What Powered the Growth


Townships had a standout year. Kollur township development, in particular, received a major facelift and set itself firmly on the path to becoming a model township, while developers along the Outer Ring Road's western and eastern stretches lined up multiple integrated township projects of their own.


New launches weren't limited to townships, either -Gachibowli, Kompally, Medchal, Tellapur and Nallagandla all saw fresh activity. Two announcements stood out above the rest: Medtronic opened its expanded Engineering & Innovation Centre at BSR Tech Park in Nanakramguda, its largest R&D facility outside the US, while Google unveiled plans for its biggest campus outside its US headquarters -and its first company-owned campus anywhere in Asia -in the very same neighbourhood.


Grade A office space saw a notable boost too, with growth expected to continue at roughly 4% a year. So,


What Does 2022 Look Like?


The numbers point to continued momentum. Free Press Journal noted that Hyderabad carried the lowest inventory overhang of any major city -just 25 months, compared to an average of 44 months across the top eight cities -thanks to consistently strong sales. That's a clear signal that demand for property in Hyderabad isn't slowing down anytime soon.


All signs point to a genuinely promising year ahead for the city's real estate story.



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