Hyderabad Outpaces Bengaluru and Chennai in ₹10 Crore-Plus Home Sales

In a landmark performance for the financial year 2026 (FY26), Hyderabad has firmly established itself as the undisputed leader in South India's ultra-luxury residential market. The city recorded the highest volume of home sales priced above ₹10 crore, generating a massive ₹8,562 crore in total transaction value. This dominance is highlighted in a joint report by India Sotheby’s International Realty and CRE Matrix, which tracks the high-end residential landscape across major Indian metros. Hyderabad alone accounted for 625 ultra-luxury units sold, significantly outperforming its regional peers.

Comparative Regional Performance

The report analyzed the collective performance of the top three southern hubs, Hyderabad, Bengaluru, and Chennai, which together witnessed 811 ultra-luxury unit sales worth ₹11,246 crore. While Hyderabad commanded the majority of the volume, the performance of other cities varied:

• Bengaluru: The IT capital recorded 128 units sold for a total value of ₹1,957 crore. Despite the lower volume compared to Hyderabad, Bengaluru registered the highest percentage growth in unit sales, with a 52% year-on-year increase.
• Chennai: The market remained stable, registering 58 unit sales amounting to ₹727 crore. Demand in Chennai continues to be sustained by traditional premium neighborhoods like Alwarpet and Abhiramapuram.
• Growth Trajectory: Hyderabad's luxury sales value has more than tripled in just four years, rising from ₹2,447 crore to the current record levels.

Buyer Preferences and Market Hotspots

Elite buyers in Hyderabad show a strong preference for expansive, high-format living spaces. Over half of the ₹10 crore-plus apartments sold in the city exceeded 8,000 square feet in area. Additionally, villas and row houses contributed to 40% of the overall transaction value. Kokapet has emerged as the primary hotspot for these high-end property investments, driven by its modern infrastructure and proximity to major commercial corridors.

The Value Proposition Advantage

A critical factor driving Hyderabad's supremacy is the superior value for money it offers to ultra-high-net-worth investors. Analysis shows that a ₹10 crore investment in Hyderabad fetches an average of 6,200 square feet of space. In contrast, the same budget yields approximately 3,900 square feet in Bengaluru and 4,300 square feet in Chennai. This means buyers in Hyderabad acquire nearly 60% more space compared to those in Bengaluru for the same price point.

Future Outlook and National Standing

The combination of a compelling value proposition, availability of large-format homes, and robust economic activity has propelled Hyderabad to a 12.4% share of luxury home sales across India's top eight cities. Industry experts anticipate that the city's real estate sector will continue its steep growth trajectory as it attracts more global investors and corporate leaders seeking premium lifestyle assets. Consequently, Hyderabad is now a central node in India's broader luxury real estate evolution.

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