Regarding flat purchase

Q: Hi sir,
I am 27year old. Planning to buy a flat in Madinaguda surrounded with good societys. What about future of hyderabad real estate and Madinaguda chandanagar area value. What would to suggest, to hold or buy. Its not an investment purpose its for me to stay.
But i would like to hold if values comes down

massetti naresh,

17th June 2014

Real estate News in Rishis Sais Four Seasons, Madinaguda, Hyderabad

rates

rate hike

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Replies (2)

Hi all,
Now, prospective buyers are adopting a wait-and-watch approach in both Telangana and Seemandhra. In Telangana, people are waiting to see if there will be a further drop in prices, whereas those who want to buy property in Seemandhra are waiting for the selection of the new capital.

Bharath Konda, Hyderabad

19th June 2014

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@Bharath,
With incorporation of Telangana, this uncertainty will do away and investors will be more confident in investing there. Companies like Facebook, Google & Apple have long awaited plans to spread their legs in Hyderabad.

Sridhar, Hyderabad

19th June 2014

@Massetti,

I’ve got good news for you if you’re an IT professional. Have your heard of the recently proposed Information Technology Investment Region (ITIR)? It’s one of the most lucrative projects that’s going to be completed by both the state as well as the central governments. This project is expected to fill in the surrounding areas of already developed IT hubs like Gachibwoli and Madhapur.

Bharath Konda, Hyderabad

19th June 2014

Hi Massetti,
Considering the historic trend we can expect steady increase from current price level and the year 2014 should end with around 10% increase, with respect to 2013. The prices of land and plots also will appreciate during the year. Once the Telangana state presents its budget, everyone in Telangana including Hyderabad will forget about Andhra, that being a different state! The prices of real estate in Hyderabad will zoom up to match with those in Bangalore & Chennai. The dream period of low prices of properties in Hyderabad is almost over. A new chapter will open soon, which will be bad for buyers, since they have to pay much more that they were used to.

Sridhar, Hyderabad

19th June 2014

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