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Property prices in hyderabad record some good growth

Replies (23)
1
Well, the realtors seem to be really happy though. While apartments were the most supplied and constituted majority (62 pc) of the total market, independent houses/villas were the next most supplied and made up 32 pc of the market share.
Vineet raj


2
Yeah, there is actually not many future options that are available in the southern part of the city, If you look at it... people are noe more interested in the western part because the future options there are really good.
Nagesh Tudur


3
With several similarly priced houses coming up in localities in the west, the southern part of Hyderabad has received a lower demand. Not many people are interested in buying property in here.
Shiva Kuchibhottlla


4
Affordable property prices in comparison to Kondapur, spilled housing demand to Chandanagar, especially from the middle income home buyers. Poeple ar enoe migrating towards the Chandanagar areas because it is more affordable.
Madhu Karanth


5
Developers are also backing away from launching new projects, as they first want the present projects to be completely sold to the buyers and then they are ready to invest and announce some new projects.
Aamir Mirza


6
Many people are noe scared to actually invest in any of the areas where there is a huge unsold inventory, as this will result in the silution of the market, thereby ecreasing the price.
Vijay Krishna Koneru


7
I agree, there actually are a lot of units that are unsold in the market right now, and this is why there are not many new project that are taking place or starting in the city a of now.
Savitha Devulapally


8
the oversupply of housing units has dampened the residential market in Gachibowli as well. The locality has recorded a consistent drop in property prices in the last six months
Faizan Khan


9
On the other hand, the report notes that areas like Dilsukhnagar, Bachupally and Lal Bahadur Nagar witnessed maximum drop in property prices by almost 8 pc to 11 pc in October to December in the year 2014.
Achyut Reddy


10
many of the areas that actually are well known for residential purpose are actually not doing well when it comes to the residential market in the city... There has been a drop in the residential market there.
Sanjay Naidu


11
Yeah, apart from the areas that surround the IT corrior in the city, the other areas are not really seeing any kind of growth in the residential market in the country.
Srinivasan Rao


12
Residential market in the areas which are close to the IT hub and which are cnsidered good residential areas like Madhapur and Pragati Nagar have recorded a growth of 4 pc to 5 pc in this quarter.
Ashok Sharma


13
As far as residential apartments are concerned, lying at the convenient distance from the IT corridors Gachibowli and Hitec City, localities like Kukatpally, Manikonda and Miyapur are among the top choices accounting for 9 pc to 11 pc hike.
Asif Khan


14
Yeah, a rise of about 40% to 60% is expected in and around the areas where the metro rail is coing up, so the price is going up in many of the areas in the city.
Medha Mammidipuddi


15
I think one of the main reasons that the property rise will be even more in the coing future is because of the upcoming metro rail. Many people belive that due to the metro rail, the property prices will increase it in the future.
Radha Reddy


16
After seeing an all-time low in the real estate market, Hyderabad has started picking up pace in the real estate market. The core areas witnessing maximum development are concentrated in the west which is driven by the software industry.
Radha Reddy


17
Yeah, that is actually the average price of the houses, and they are reasonable and affordable too. So that is why flats between that price are being sold more than the other houses from different price range.
Ashok Kolluru


18
And among the price ranges, the flat and houses that are between the price range of around 30 lakhs to 70 lakhs are doing well with the public. Many people are not able to afford the houses costing more than this.
Shilpa Vydyula


19
Yeah, right now there are quite a few projects that have 4 bhk and 5 bhk villas for sale, and these particular apartments are being built by some really famous and well known builders in the country like the Lodha Builders, etc.
Apsara Ivaturi


20
Mid sized homes with units like 2 and 3 BHK units are the most popular in the city right now. Luxury apartments and premium apartments that are coming up in the western part of the city are not really seeing those many buyers.
Siddarth Mamanthur


21
Statistically, the total number of properties available for sale went up by 71 pc in the current quarter. So basically there is a lot of option that is available for sale in the real estate market right now.
Raghav Karra


22
I have come across these studies too. According to the report, the rental values in the last one year have seen an average growth of 8 per cent. Many of the areas in the city have increased the rents.
Ashwin Aysola


23
Compared to the last year, the city has recently recorded a rise of 2 pc in per sq ft values quarter on quarter, the annual comparison (Oct-Dec 2014 and Oct-Dec 2013) reflected a 5 pc drop in prices.
Nakul Rao


Hello, I have heard that there is a downfall in the residential market in the city, how is it doing now?
Sharan Basappa,  Hyderabad
17th March 2015


24

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