Hyderabad Real Estate Welcomes Union Budget 2026-27 Infrastructure Push, Seeks Direct Housing Incentives

Hyderabad's real estate industry welcomed the Union Budget 2026-27's focus on infrastructure-led growth and urban development, including tax holidays for data centres. However, stakeholders, including leaders of the Confederation of Real Estate Developers' Associations of India (CREDAI) Hyderabad, said the Budget offered no direct incentives for housing.

The PropertyWala research desk could not find the original published statement in the sources available to it. The account of the industry's response is therefore based on a summary of the development and contains no direct quotes.

What the industry said

Stakeholders welcomed the Budget's emphasis on infrastructure and urban development, as well as tax holidays for data centres. They said these measures would support the city's technology and capability-centre economy.

However, CREDAI-Hyderabad leaders and others pointed to the lack of direct incentives for housing. They also said the definition of affordable housing had not changed despite rising construction costs. They called for follow-up policy announcements to revive housing demand.

What it means for buyers and sellers

The Budget offers homebuyers no new tax or interest benefits. The affordable housing definition remains unchanged, so the price ceiling for homes to qualify for affordable-segment treatment has not moved, even as developers say construction costs have risen.

On infrastructure, Union Finance Minister Nirmala Sitharaman announced seven high-speed rail corridors in February 2026. They include Hyderabad-Pune, Hyderabad-Chennai and Hyderabad-Bengaluru, the Deccan Chronicle reported in September 2026. Ranga Reddy district has since notified the acquisition of 796.28 acres in Bahadurguda, near Shamshabad airport, for an integrated mobility hub for these corridors.

Demand has been uneven. CREDAI Hyderabad said in August 2026, as reported by The Hindu, that more than 26,100 homes were sold in the first half of the year. Its president, N. Jaideep Reddy, asked the state to resolve the 10% building-permit mortgage and called for its removal or a cut to 5%. Knight Frank data reported by Telangana Today showed residential registrations in August 2026 were down 9% on the year.

Asking prices in Hyderabad

PropertyWala's asking prices put apartments for sale in Hyderabad at about ₹11,500 per sq ft (2026 Q1 to 2026 Q4), up 28.9% on the year before.¹ Independent houses averaged about ₹11,323 per sq ft (2025 Q4 to 2026 Q3), up 11.5%. Residential land averaged about ₹5,220 per sq ft.

Apartments account for 63% of listings in the city, followed by residential land at 20% and independent houses at 11%. Office spaces and shops make up a small share. Apartments for rent average about ₹28 per sq ft a month, up 16.4% on the year.

Projects across the city include ready developments, under-construction schemes and a handful of new launches. Readers can browse the Hyderabad page for localities, listings and projects.

What to watch next

Stakeholders are waiting for follow-up announcements on housing demand. CREDAI-Hyderabad leaders have called for these announcements and a revision of the affordable housing definition to reflect higher construction costs.