# Urban and economic growth in Hyderabad

> Developing situation record from CLSTR: https://clstr.news/situations/urban-and-economic-growth-in-hyderabad
> Updated: 2026-10-12T02:46:58.000Z. Sources: 7. Developments: 2.

Hyderabad is experiencing significant urban and economic expansion across its residential and commercial sectors. In the first half of 2026, the residential market saw 19,249 homes sold, with West Hyderabad representing 63% of those sales and average prices increasing 7% year-on-year. This residential growth is accompanied by a rapid rise in electric vehicle (EV) adoption, with the city recording a 100.6% annualized increase in EV charging sessions.

In the commercial sector, Hyderabad has emerged as a leader in office leasing. While major Indian office markets experienced a 20% annual decline in net leasing during the first nine months of 2024, Hyderabad reported a 41% year-on-year increase, reaching 7.3 million square feet. Experts attribute this sustained commercial activity to the establishment of Global Capability Centres (GCCs) fueled by the region's talent pool and cost competitiveness.

## Timeline

### 2026-10-12: Hyderabad office leasing grows 41% amid India market decline

India's net office leasing fell 20% to 36.7 million sq ft in early 2024, though Hyderabad saw a 41% surge and gross leasing reached record levels.

4 sources. https://clstr.news/cluster/hyderabad-office-leasing-grows-41-amid-india-market-decline

### 2026-09-15: Hyderabad sees rapid growth in real estate and EV adoption

Hyderabad sees rapid growth in both high-rise residential real estate and electric vehicle adoption, recording the fastest annualized increase in EV charging sessions among major Indian metros.

4 sources. https://clstr.news/cluster/hyderabad-sees-rapid-growth-in-real-estate-and-ev-adoption

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Cite as: Urban and economic growth in Hyderabad. CLSTR, https://clstr.news/situations/urban-and-economic-growth-in-hyderabad