Will the real estate prices are bound to go down in hyderabad as we have separate telangana state now.

Q: . I have given the token amount(minimal- 25K) to the builder and i am planning to invest 40 lacs for 3 BHK in Tellapur

Rajbhushan, Apartment Resident, Hyderabad

31st July 2013

Buying property in Nallagandla, Hyderabad

buying & selling of flats

hyderabad projects

telangana

Follow Discussion

Also see discussions for

Hyderabad Nallagandla Buying property Buying property in Hyderabad Buying property in Nallagandla

Replies (9)

The real estate market had picked up in Hyderabad when it was announced that the Telangana issue would be resolved. However, since July, the market has slowed down again. This is due to the fact, that even though a lot of hype was created around the issue, no concrete measure has been taken till date to make Telangana a reality. Thus buyers have again gone back to their wait-and-watch mode. Investments from the Northern parts of the country have dropped drastically as investors are confused. I feel it would take another 6 months to one year before the market picks up again, as within this time period a final decision on Telangana is expected

Javed,

11th September 2013

Comment

The fact that the city will become the joint capital for the next 10 years is also encouraging for its real estate market since it implies there will be no sudden pull-outs by investors and developers. In other wordsi want to say that the prices will move up.

Jackie,

11th September 2013

Comment

The land price along outer ring road will increase substantially since base rates are low even now, in most parts. Spurt from 1 Crore level to 3 Crore level can be expected along Outer Ring Road.

Vivek Kulkarni,

11th September 2013

Comment

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,

11th September 2013

I dont think. As most of Andhrites will look to invest in their upcoming capital instead of Hyderabad as its going to be no more capital city for them after 10 years. So, definately people who are having an idea of investing in hyderabad will move to other area and hence prices of Appartments and plots will be definately go down

Vivek Kulkarni,

11th September 2013

Comment

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.

Balwinder Singh,

11th September 2013

@Vivek: 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.

Balwinder Singh,

11th September 2013

Absolutely go down dear friend. It is because seema andhra people are taking big piece of cake in real estate, now they dont invest here...apply demand supply rule here...no demand, no real estate...TC

Kris Sri,

6th September 2013

Comment

In the wake of the resolution of the Telangana issue, we now expect the growth in prices to be faster than our previous estimates cities like Pune, Bengaluru and Chennai.

Vikas Modi, Ahmedabad

2nd August 2013

Comment