Real Estate

Hyderabad: Sales Rise 15% but Registrations Dip 9%. Why?

  • by- Grihik
  • Oct 6, 2026
Anarock shows Hyderabad housing sales up 15% in Q3, yet Knight Frank shows August registrations down 9%. Here is why both can be true.
Hyderabad: Sales Rise 15% but Registrations Dip 9%. Why?

New Delhi: Two data sets on Hyderabad seem to point in opposite directions. The explanation is in what each one measures.

The two readings

  • Anarock (Q3, July-September): housing sales up 15% to about 12,970 units, the fastest growth among the top seven cities; new launches up 120% to about 18,950 units

  • Knight Frank (August only): residential registrations down 9% year on year to 5,937, and down 4% from July; transaction value Rs 4,576 crore, down 2%

 

Why they can both be true

Anarock tracks new-home sales in the primary market over a quarter. Knight Frank counts registered transactions in a single month, covering both new and resale properties across four districts. Registrations also lag bookings, since a home booked now may be registered later.

The other clues

Knight Frank says registration activity has been uneven since guidance values were revised on June 5. It also reports that the weighted average price rose 8% to Rs 4,964 per sq ft. Homes priced above Rs 1 crore fell 8% in count but rose in value, lifting their share of transaction value to 54% from 51%. For January-August, registrations are still up 2% at 50,095, with value up 6%.

The takeaway

Hyderabad's market is not collapsing. It is tilting towards pricier homes, with fewer but costlier deals. Watch September's registration data for confirmation.