Hyderabad Records Lowest House Ownership, Highest Rental Living In Telangana

0
6

Hyderabad: Hyderabad and its surrounding districts have recorded the lowest share of households owning houses in Telangana, according to the Telangana Socio, Economic, Educational, Employment, Political and Caste (SEEEPC) Survey 2024.

The survey shows that the Greater Hyderabad Municipal Corporation (GHMC) area has the lowest rate of home ownership in the state, with only 23.08 per cent of households owning a house. Nearby districts Medchal-Malkajgiri (35.26 per cent) and Rangareddy (35.56 per cent) are the second and third lowest districts respectively.
In contrast, rural districts dominate the top of the list. Narayanpet recorded the highest proportion of house ownership at 68.88 per cent, followed by Wanaparthy with 67.02 per cent, Jogulamba Gadwal with 65.21 per cent, Nagarkurnool with 65.13 per cent and Yadadri Bhuvanagiri with 64.86 per cent.

he data highlights a clear urban-rural divide in housing patterns. While home ownership is more common in rural areas, urban centres like Hyderabad and its surrounding districts are seeing a significant shift towards rental living.

The survey also reveals that Hyderabad has the highest proportion of households living in rented homes, at a whopping 70.63 per cent. This is again followed by Medchal-Malkajgiri with 60.91 per cent and Rangareddy with 59.71, indicating that a majority of residents in and around Hyderabad depend on rental housing.
Other districts, however, have relatively lower rental populations. Narayanpet district reported the lowest rented population percentile with 26.17 per cent, while Jayashankar Bhupalpally district has 26.35 per cent, Wanaparthy with 29.11 per cent, Nagarkurnool with 29.45 per cent and Mahabubabad district with 30.32 per cent following suit.

Districts with highest own house living population

District

Percentage

Narayanpet

68.88

Wanaparthy

67.02

Jogulamba Gadwal

65.21

Nagarkurnool

65.13

Yadadri Bhuvanagiri

64.86

Districts with lowest own house living population

District

Percentage

Hyderabad

23.08

Medchal Malkajgiri

35.26

Rangareddy

35.56

Khammam

47.75

Nirmal

48.86

Districts with highest rental house living population

District

Percentage

Hyderabad

70.63

Medchal Malkajgiri

60.91

Rangareddy

59.71

Khammam

48.14

Nizamabad

46.62

Districts with lowest rental house living population

District

Percentage

Narayanpet

26.17

Jayashankar Bhupalpally

26.35

Wanaparthy

29.11

Nagarkurnool

29.45

Mahbubabad

30.32

Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: deccanchronicle.com