1、Hyderabads Residential RenaissanceDISSECTING THE CITYS HOUSING LANDSCAPECBRE RESEARCH AUGUST 2024Hyderabads residential market has undergone a remarkable transformation,solidifying its position as a premier real estate destination in India.Characterised by a surge in residential property launches an

2、d underpinned by robust demand,the city has witnessed a dynamic evolution.The Evolution of Hyderabads Residential LandscapeSeveral key factors have driven Hyderabads residential markets sustained growth and evolution.A confluence of relatively affordable housing options,a robust economy,and a steady

3、 influx of skilled talent have significantly expanded the market.Consequently,Hyderabad has emerged as a hotspot for both homebuyers and investors seeking lucrative opportunities.A thriving job market,and a compelling blend of affordability and quality of life in Hyderabad has attracted young and dy

4、namic population.This influx of professionals into the city,combined with a robust economy,has fuelled demand in the residential sector.Consequently,Hyderabad has emerged as a hotspot for both homebuyers and investors seeking lucrative opportunities.2024 CBRE,INC.Hyderabads Residential Renaissance:D

5、issecting the citys transforming housing landscape3 CBRE RESEARCHKey Drivers Fuelling the Citys Housing BoomIT&Corporate Growth Hyderabads real estate landscape has dramatically transformed,catalysed by the synergy between corporate expansion and residential growth,establishing the city as a premier

6、 destination for young professionals.The IT sectors meteoric rise,exemplified by Telanganas IT/ITeS exports surpassing INR 2.4 lakh crore1 in FY 2022-23,has fuelled a surge in residential demand,particularly in the western micro-markets.Hyderabads status as a global technology hub,underscored by its