Current - Issue
Original Article
Income as a Determinant of Housing Preferences and Budget Allocation: Evidence from Hyderabad's Residential Real Estate Market
Dr.P.Ammani1
1 School of Project Management NICMAR University of Construction Studies, Hyderabad, Telangana, India.
Published Online: May-June 2026
Pages: 241-248
Cite this article
↗ https://www.doi.org/10.59256/ijrtmr.20260603028References
1. Anarock (2023). Residential Prices in Hyderabad Experience 24% Annual Increase. Rera News. https://rera.news/updates/Residential-
Prices-in-Hyderabad-Experience-24-Annual-Increase
2. Anarock (2023). Hyderabad Real Estate Skyrockets: 44,220 Homes Sold, Generating Rs. 35,802 Cr in 9 Months. https://rera.news
3. Bhat, S. A., & Darzi, M. A. (2022). Brand equity in Indian residential real estate: The mediating role of construction quality. International
Journal of Housing Markets and Analysis, 15(1), 178–199. https://doi.org/10.1108/IJHMA-01-2021-0005
4. Daugherty, M., Jandik, D., & Salikhova, T. (2023). Post-COVID-19 Real Estate Net Absorption and Social Capital in U.S. Metropolitan
Areas. Journal of Real Estate Practice and Education. https://www.tandfonline.com/loi/rjrp20
5. Fang Fang (2014). The Analysis of Marketing Strategies of Real Estate Enterprises in Three Line Cities. International Journal of Sciences
and Research.
6. Gibler, K. M., & Nelson, S. L. (2015). Consumer Behavior Applications to Real Estate Education. Journal of Real Estate Practice and
Education.
7. Gupta, A., & Singh, R. (2023). Willingness-to-pay for green features among Indian urban homebuyers: An income-stratified analysis.
Journal of Housing and the Built Environment, 38(2), 811–833. https://doi.org/10.1007/s10901-022-09972-3
8. Julius Chia, J., Harun, A., Kassim, A. W. M., Martin, D., & Kepal, N. (2016). Understanding factors that influence home purchase
intention among consumers in Kota Kinabalu. Journal of Technology Management and Business, 3(2), 95–98.
9. Knight Frank (2024). Hyderabad Real Estate Market Shows Stable Registrations and Rise in Luxury Home Sales. https://rera.news
10. Knight Frank (2024). Hyderabad Real Estate Sees Surge in Residential Apartment Registrations. https://rera.news
11. Krishnan, R., & Raghunathan, S. (2023). Income-segmented marketing communication in Indian residential real estate: Experimental
evidence from Mumbai and Pune. Asia Pacific Journal of Marketing and Logistics, 35(6), 1401–1420. https://doi.org/10.1108/APJML-
04-2022-0314
12. Manoj, P. K., & Nasar, K. K. (2013). Real Estate Development in India and the Behavior of Investors to Invest in the Real Estate Market.
SS International Journal of Economics and Management, 3(2), 85–90.
13. Mehta, S., & Bose, R. (2023). Referral networks and buyer satisfaction in South Indian urban real estate markets. Property Management,
41(4), 488–507. https://doi.org/10.1108/PM-07-2022-0060
14. Meng, Y. (2019). A Study on Real Estate Marketing Strategy in The Background of The New Era. International Business Management.
15. Patel, N., & Mehta, D. (2022). Age versus income as predictors of housing preferences in Indian cities: Structural equation evidence.
Housing Studies, 37(8), 1372–1394. https://doi.org/10.1080/02673037.2021.1940850
16. Sandeep, R. S., & Menon, S. (2011). Recessionary Challenges in Real Estate Business. Sri Krishna International Research & Educational
Consortium.
17. Singh, A., & Gupta, S. (2021). Determinants of homebuyer decision-making in Indian cities: A meta-analysis. Journal of Real Estate
Literature, 29(1), 55–80. https://doi.org/10.1080/09277376.2021.1876431
18. Shuwen Ai (2023). Strategic Choice of Commercial Real Estate in China's First-Tier Cities in the Post-Epidemic Era. Academy of Art
University, 37, 250–258.
19. The Economic Times (2024). Housing sales in Jan-Mar rise 14 pc in top 7 cities. https://economictimes.indiatimes.com
20. Verma, S., & Sharma, P. (2022). Income stratification and housing preference segmentation in Indian metropolitan markets. Urban
Studies, 59(11), 2241–2261. https://doi.org/10.1177/00420980211041082
21. Yan Yang (2018). Research on Innovation of Real Estate Marketing Model Based on Mobile Internet. International Conference on
Economics, Management and Humanities Science, 279–282.
Prices-in-Hyderabad-Experience-24-Annual-Increase
2. Anarock (2023). Hyderabad Real Estate Skyrockets: 44,220 Homes Sold, Generating Rs. 35,802 Cr in 9 Months. https://rera.news
3. Bhat, S. A., & Darzi, M. A. (2022). Brand equity in Indian residential real estate: The mediating role of construction quality. International
Journal of Housing Markets and Analysis, 15(1), 178–199. https://doi.org/10.1108/IJHMA-01-2021-0005
4. Daugherty, M., Jandik, D., & Salikhova, T. (2023). Post-COVID-19 Real Estate Net Absorption and Social Capital in U.S. Metropolitan
Areas. Journal of Real Estate Practice and Education. https://www.tandfonline.com/loi/rjrp20
5. Fang Fang (2014). The Analysis of Marketing Strategies of Real Estate Enterprises in Three Line Cities. International Journal of Sciences
and Research.
6. Gibler, K. M., & Nelson, S. L. (2015). Consumer Behavior Applications to Real Estate Education. Journal of Real Estate Practice and
Education.
7. Gupta, A., & Singh, R. (2023). Willingness-to-pay for green features among Indian urban homebuyers: An income-stratified analysis.
Journal of Housing and the Built Environment, 38(2), 811–833. https://doi.org/10.1007/s10901-022-09972-3
8. Julius Chia, J., Harun, A., Kassim, A. W. M., Martin, D., & Kepal, N. (2016). Understanding factors that influence home purchase
intention among consumers in Kota Kinabalu. Journal of Technology Management and Business, 3(2), 95–98.
9. Knight Frank (2024). Hyderabad Real Estate Market Shows Stable Registrations and Rise in Luxury Home Sales. https://rera.news
10. Knight Frank (2024). Hyderabad Real Estate Sees Surge in Residential Apartment Registrations. https://rera.news
11. Krishnan, R., & Raghunathan, S. (2023). Income-segmented marketing communication in Indian residential real estate: Experimental
evidence from Mumbai and Pune. Asia Pacific Journal of Marketing and Logistics, 35(6), 1401–1420. https://doi.org/10.1108/APJML-
04-2022-0314
12. Manoj, P. K., & Nasar, K. K. (2013). Real Estate Development in India and the Behavior of Investors to Invest in the Real Estate Market.
SS International Journal of Economics and Management, 3(2), 85–90.
13. Mehta, S., & Bose, R. (2023). Referral networks and buyer satisfaction in South Indian urban real estate markets. Property Management,
41(4), 488–507. https://doi.org/10.1108/PM-07-2022-0060
14. Meng, Y. (2019). A Study on Real Estate Marketing Strategy in The Background of The New Era. International Business Management.
15. Patel, N., & Mehta, D. (2022). Age versus income as predictors of housing preferences in Indian cities: Structural equation evidence.
Housing Studies, 37(8), 1372–1394. https://doi.org/10.1080/02673037.2021.1940850
16. Sandeep, R. S., & Menon, S. (2011). Recessionary Challenges in Real Estate Business. Sri Krishna International Research & Educational
Consortium.
17. Singh, A., & Gupta, S. (2021). Determinants of homebuyer decision-making in Indian cities: A meta-analysis. Journal of Real Estate
Literature, 29(1), 55–80. https://doi.org/10.1080/09277376.2021.1876431
18. Shuwen Ai (2023). Strategic Choice of Commercial Real Estate in China's First-Tier Cities in the Post-Epidemic Era. Academy of Art
University, 37, 250–258.
19. The Economic Times (2024). Housing sales in Jan-Mar rise 14 pc in top 7 cities. https://economictimes.indiatimes.com
20. Verma, S., & Sharma, P. (2022). Income stratification and housing preference segmentation in Indian metropolitan markets. Urban
Studies, 59(11), 2241–2261. https://doi.org/10.1177/00420980211041082
21. Yan Yang (2018). Research on Innovation of Real Estate Marketing Model Based on Mobile Internet. International Conference on
Economics, Management and Humanities Science, 279–282.
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