Hyderabad real estate market shows resilience with 7% growth in Q3 residential registrations
Hyderabad’s real estate market has shown impressive growth, as detailed in a recent report by real estate consultancy Square Yards. Residential property registrations increased by 7% in the third quarter of 2024 (July–September) compared to the same period last year. Registered properties rose from 18,314 to 19,527, signaling sustained demand in the housing sector.
Hyderabad is now one of India’s fastest-growing real estate markets, attracting both domestic investors and migrants. Increased demand spans various residential segments, including luxury and ultra-luxury homes—a trend driven by rising incomes and infrastructure advancements.
A standout element of this growth is the rise in the sales value, which surged by 20% year-over-year, totaling approximately ₹11,718 crore in registered sales. This trend reflects strong housing demand, attributed to economic stability and continuous infrastructure improvements.
Square Yards’ Sales Director, Debayan Bhattacharya, noted that Hyderabad’s thriving IT sector and steady income levels among professionals have revitalized the market. Key residential hotspots like Gachibowli, Madhapur, Kokapet, and Narsingi are seeing heightened interest due to their proximity to IT hubs and improved connectivity to the airport, enhancing their appeal for homebuyers.
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Pakistan reports two more polio cases; Total tally now 52
ISLAMABAD: At least two more cases of poliovirus were reported in Pakistan, taking the number of infections to 52 so far this year, a report said on Friday.
“The Regional Reference Laboratory for Polio Eradication at the National Institute of Health has confirmed the detection of two more wild poliovirus type 1 (WPV1) cases in Pakistan," an official statement said.
The fresh infections — a boy and a girl — were reported from the Dera Ismail Khan district of Khyber-Pakhtunkhwa province.
“Genetic sequencing of the samples collected from the children is underway," the statement read. Dera Ismail Khan, one of the seven polio-endemic districts of southern Khyber Pakhtunkhwa province, has reported five polio cases so far this year.
Of the 52 cases in the country this year, 24 are from Balochistan, 13 from Sindh, 13 from Khyber Pakhtunkhwa, and one each from Punjab and Islamabad.
There is no cure for polio. Only multiple doses of the oral polio vaccine and completion of the routine vaccination schedule for all children under the age of five can keep them protected.
