Hyderabad records 5,181 property registrations in August

The month of August saw Hyderabad recording registrations of 5,181 units of residential properties with the total value of properties transacted during the month standing at Rs.2,658 crore.

Knight Frank India in its latest assessment released on Wednesday pointed out that the registration of residential units went up by 20 per cent month-on-month after witnessing a decline in the previous months on account



of Asadha Masam, considered less auspicious for new embarkings.

The Hyderabad residential market comprising the districts of Hyderabad, Medchal-Malkajgiri, Rangareddy and Sangareddy, while continuing to experience robust demand trends, since the beginning of the year has observed sales of 46,078 residential units with a total worth of Rs 22,680 crore.