Does a new state (Telengana) effect the land rates in Hyderabad ? If seperate state is formed then which places are expected to see increase in land rates ?

Q: I am looking into investing into Hyderabad but at same time the new state fromation bothers me. What will happen to the realty sector in hyderabad? Will the land rates in cities like visakhapatnam be impacted?
I am thinking and confused reg my investment.... Any suggestions or opinions are appreciated...

Mohammad abid,

27th January 2013

Buying property in Hyderabad

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Replies (12)

Every one wish to have a Flat or Independent house Rather than future investments. All Andhrities wish to invest in HYD only because it's their dream. Mainly Hospitals at Hyderabad, Schools, Colleges are good. I don't think it will or would fall. Important Note : Andhra guys already purchased Independent houses and Flats etc.. will they sell for Half Price of which they purchased which wont happen nor will. Definitely price would be hiked in real-estate only. -

Gurmeet,

13th September 2013

Comment

Also Price of Villas has been raised the price from Rs.78L to Rs.95L. And these changes would be happening in projects across Hyderabad, not only in the Western part.

Supratim,

13th September 2013

Comment

This is not right time to invest in HYD..No growth upto 2 yrs.

Balwinder Singh,

13th September 2013

Comment

No i think the prices will go hight as Apartment rates have been going up over the last 1 year. The increase has been to extent of Rs.600 to Rs.800 per sq ft. For example Kondapur has gone up from Rs.2800 per sq ft to Rs.3400 per sq ft.Over the next 1 or 2 Months, we expect all projects to raise rates by Rs.200 to 300 per sq ft.

Vivek Kulkarni,

13th September 2013

@Vivek: Real estate members are making price hike but prices are down littlebit..the registrations in LB nagar office going down day by day..people are not ready to invest in hyd especially.. -

Balwinder Singh,

13th September 2013

The decision on separate Telangana state by this month end, is expected to have a long-term impact on the real estate market in this region.

Supratim,

2nd August 2013

Comment

Hi Utsav..are there any flats available for sale...??.i am interested to buy.

Varun,

30th January 2013

Comment

You can check websites of Nilgirihomes and you can get details from it. I think few houses are still available. Not sure. Just check with them.

utsav1982, Apartment Resident

30th January 2013

Thanks Utsav..the location of project seems good..could you please tell me the type of apartments they offer and also the price range.

Rajiv,

29th January 2013

Comment

These all ventures have Rowhouses and Villas starting with 117 Sq YD to 220 Sq Yd..Prices for this will start from 40 laks i guess.

utsav1982, Apartment Resident

29th January 2013

Hello Utasv..Thank you for the response..seems that you have a good knowledge about the area.Can you suggest me good projects from investment point of view..??

Rajiv,

28th January 2013

Comment

i Will suggest you to invest in Nilgirihomes by Modi properties and Artha Heaven...These are located just on the mainraod and are very near to International schools and ORR. I think from these ventures Infosys will be 3 0r 4 Kms. Also it is surrounded with lots of engg. colleges.

utsav1982, Apartment Resident

28th January 2013

Hi Utsav..Even i thought for Pocharam.. but don't have sufficient details. Could you please tell me what is the future of Pocharam area..?? And what is the current price trend going on..??are there an good residential projects..??

Rajiv,

28th January 2013

Comment

Pocharam is having very hasty growth. We have ORR, which seems to be functional in coming months. Apart from that we can see Infosys which is having enormous land of 448 Acres. 10,000 guys are already working in this facility. Apart from this, we have Raheja Mindspace, where already many companies are functional like Inventurus, Bajaj Allianz, Axis , Genpact, GE etc. Apart from that we also have Inorbit mall, which is already built. Metro is also going to extend it route in coming future. Also we have seen international schools have recently opened up near Pocharam i.e. Reqelford international school. Land prices have crossed INR 4100/- per SqYard.

utsav1982, Apartment Resident

28th January 2013

@Mohammed ..if the decision goes in favor of Telangana people then the state will be divided and there is high chances that property prices at various place may increase or decrease. i was also looking for investment there but now i am just waiting for the results.

Vasanth,

28th January 2013

Comment

I think Pocharam also have lot of potential.

utsav1982, Apartment Resident

28th January 2013

Comment

Hello Mr Mohammad... Although the matter is in hype from past 2-3 weeks but till yet no decision has been taken in this regard. Seeing the past 6 months data..residential sector of Hyderabad has seen growth. Many projects have been launched also.

Ranjith, Bangalore

28th January 2013

Comment

telangana isuue is not going to affect property rates. More and more companies are building their set up here because of low cost. Investment wise Shamshabad area provides excellent opportunity

Daminder Pal Singh, Apartment Resident

28th January 2013

Comment

@Daminder...the decision on separate Telangana state by this month end, is expected to have a long-term impact on the real estate market in this region.

Supratim,

2nd August 2013

Hi Supratim, can you please tell me about the rates of plots? Will this new state (Telengana) effect rates of plot ?

Vivek Kulkarni,

2nd August 2013

Yes, price will be increased..plot rates in outskirts was in demand during last year, like Adibhatla, Raviriyala, Mokila had seen rates increase by almost 80 to 100% (Doubled in 1 year). From this level, another 20% increase can be expected.

Supratim,

2nd August 2013

@Daminder this will boost the demand for land and residences in Hyderabad. Also during the next 7 years, Hyderabad as such will develop commercially with more employment and the influx of people from outside will nullify the gradual exit of serving Govt Staff.

Javed,

2nd August 2013

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