Steady Growth in Telangana’s Real Estate Sector
Telangana continues to witness a robust performance in its real estate sector, as evident from the 3% rise in property registration revenue for November 2024. According to the Chief Minister’s Office, the state recorded revenue of ₹1,160 crore from property registrations this November, compared to ₹1,127 crore in the same period last year. This growth indicates sustained interest in real estate investments in Telangana.
Key Highlights: Telangana’s Property Registration Revenue
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November 2023 vs. November 2024
- Revenue in November 2023: ₹1,127 crore from 1.05 lakh documents.
- Revenue in November 2024: ₹1,160 crore from 1.19 lakh documents.
This 3% rise in revenue underscores the increasing activity in the state’s real estate market.
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Document Registrations Increased
The number of property registrations also saw a notable uptick, rising from 1.05 lakh in November 2023 to 1.19 lakh in November 2024. This reflects growing consumer confidence in real estate investments in Telangana.
