Hyderabad emerges as luxury consumption hub with ultra-luxury home sales rising: Kotak

Hyderabad, Oct 26 (UNI) Hyderabad is emerging as a major luxury consumption hub, with rising affluent populations driving demand for ultra-luxury housing, premium products and personalised lifestyle experiences, according to Kotak Private Banking. The city recorded sales of 625 homes priced at Rs 10 crore and above in FY26, valued at a combined Rs 8,562 crore, reflecting growing demand in the ultra-luxury residential segment, the company said, citing the CRE Matrix and India Sotheby's International Realty Southern India High End Luxury Housing Report FY26. Annual sales of homes in this price category increased from 184 units in 2021 to 570…