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Hyderabad turning into new Bengaluru?

Hyderabad is rapidly emerging as a major player in the real estate sector, surpassing cities like Bengaluru, Mumbai, Delhi, Ahmedabad, and Chennai in terms of growth. According to a post on social media platform X, Hyderabad is becoming the “new Bengaluru.” This statement has sparked mixed reactions from netizens, with some praising Hyderabad as superior and more complete than Bengaluru. One user even referred to the city as the “paradise for fools.”

Recently, Knight Frank India’s report highlighted that Hyderabad has become the fastest-growing real estate market, overtaking Bengaluru, Mumbai, Delhi, Ahmedabad, and Chennai. The report also pointed out that home prices in Hyderabad increased by 11% in 2023, reflecting strong demand from both investors and end-users.

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