South Hyderabad Real Estate Market
Hyderabad's residential market has stayed resilient even as national numbers softened. According to Knight Frank India's Q1 2026 report, Hyderabad home sales touched 9,541 units between January and March, a marginal 1 percent rise year on year, while property prices rose 9 percent year on year, with the weighted average touching Rs 8,211 per square foot. This steady climb is largely driven by expanding IT and Global Capability Centre employment, which continues to pull demand toward well-connected peripheral corridors.
South Hyderabad, anchored by Rajendra Nagar, Budvel, and Shamshabad, is one such corridor gaining momentum. These projects sit in areas like Rajendra Nagar, Budvel, and Shamshabad, where wide roads and green cover connect homes to office areas and the airport, drawing buyers looking for a quieter lifestyle away from the older, crowded IT zones. Prices in South Hyderabad are growing by 12 percent to 15 percent every year, helped along by the new Budvel IT Hub and the PVNR Expressway.
Prestige Group has built a substantial footprint here, ranging from ready villa and plotted layouts to large under-construction townships. The Prestige City Hyderabad, a lakeside township in Rajendra Nagar, Budvel, near Shamshabad, spans 64 acres and features 32 acres of 3 and 4 BHK apartments across 14 high-rise blocks totaling 4,647 flats. Newer launches such as Prestige Imperial Park and Prestige Spring Heights are extending this presence further along the Budvel–Rajendra Nagar belt.
For investors, South Hyderabad's proximity to the airport, logistics parks, and Pharma City gives it a distinct end-user and rental base compared to the saturated western IT corridor. RERA-compliant homes attract 12-20% higher resale values, particularly in fast-developing suburbs, making project selection and title verification an important step before buying here.
