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The city recorded 625 sales of homes priced at Rs 10 crore and above in FY26 — way ahead of Bengaluru, which recorded 125 Rs 10-crore-plus sales, and Chennai, with 58 sales in FY26, as per a report by CRE Matrix & India Sotheby’s International Realty. The value of these transactions in Hyderabad collectively stood at Rs 8,562 crore. Top business families are in fact willing to spend Rs 20 crore to Rs 30 crore for large-format luxury residences that offer exclusivity, expansive living spaces and premium amenities,” said GV Rao, president, Telangana Developers Association. “In some of the city’s prime locations in the western corridor, developers are offering residences with areas running into 8,000-15,000 sq ft, with just two to four apartments on a floor.
Hyderabad’s ultra-luxury market continues to attract a significant pool of affluent local buyers, including established business families and highly successful professionals from sectors such as medicine and entertainment, according to industry players. Buyers at the top end are looking for space, privacy, views and resort-like amenities, prompting developers to move beyond conventional luxury apartments, they said. These projects are placing greater emphasis on air-conditioning, views, ambience, privacy and high-end amenities rather than simply maximising the number of units,” said N Jaideep Reddy, president, CREDAI Hyderabad.
Various market reports also show that Hyderabad has emerged as South India’s ultra-luxury hub. “Many buyers who have traditionally lived in Jubilee Hills and Banjara Hills are looking towards newer homes and greater privacy. Some are also buying second homes for their children.