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The Hindu
The Hindu
National
The Hindu Bureau

Hyderabad records 5.3 million sq. ft. office space completion, 11% residential price appreciation

Hyderabad

Hyderabad achieved a milestone by recording the highest office space completion (premises ready for occupancy) in the country with 5.3 million square feet of office space attaining completion during Q3 (July-September) 2023, according to the latest report released by Knight Frank India.

The report, titled “India Real Estate Q3 2023”, brings to light office and residential space transactions from July to September. Hyderabad, during this time, saw 2.9 million square feet of office space transactions. The report emphasises that the city’s real estate market has reached a nearly three-year high in quarterly transacted volumes.

City takes the lead

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