Latest Answer: Yes, you can buy property in Hyderabad because the property prices are low now. Many experts have said that prices of property in Hyderabad will soon increase because of the formation of the Telangana state, and also due to the new Metro which is going to be functional soon. There is also a greater demand for property in Hyderabad which are driving up prices. The current best places to buy property in Hyderabad are the Gachibowli area, where you can buy apartments for around Rs. 4000 per sq.ft and Hitec City for around 4700 per sq.ft.