Hyderabad

HYDRA: Hyderabad Property Market Sees 24% Drop in October Registrations as NRIs Hesitates to Invest

Property registrations in October have dropped by 24% compared to the same month last year, with NRIs increasingly hesitant to invest in homes.

Photo of Mohammed Yousuf Mohammed Yousuf28 October 2024 - 13:49
munsif news 24x7 website placeholder featured image HYDRA: Hyderabad Property Market Sees 24% Drop in October Registrations as NRIs Hesitates to Invest
Property registrations in October have dropped by 24% compared to the same month last year, with NRIs increasingly hesitant to invest in homes.

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Hyderabad: Property registrations in October have dropped by 24% compared to the same month last year, with NRIs increasingly hesitant to invest in homes.

Last year, revenue from registrations up to October 26 was ₹1,221.82 crore, while this year, it has reduced to just ₹923.30 crore.

Similarly, revenue from registrations in September last year was ₹1,161.54 crore, dropping to ₹857.83 crore this September.

Photo of Mohammed Yousuf Mohammed Yousuf28 October 2024 - 13:49
Photo of Mohammed Yousuf

Mohammed Yousuf

Mohammad Yousuf is an accomplished Content Editor with extensive experience in covering local, national, international, and sports news. Known for his sharp analytical skills and compelling storytelling, he has collaborated with leading media houses and earned recognition for his investigative content editing and insightful analysis of current events, trending topics, and breaking news. Yousuf brings deep knowledge of political and international affairs and a passion for delivering accurate and engaging sports coverage. His dedication to content integrity continues to strengthen Munsif News 24x7’s reputation for credibility.
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