Never buy flats in a society which offers 2,3,4 & 5 bhks. It will attract people from different financial backgrounds which causes friction in the lifestyle and living preferences.
Overbuilding is becoming a very big issue in Hyderabad. Someone needs to take some action and control this. Great podcast, These numbers help a lot when planning a investment in Hyderabad. Please bring more podcasts on Investing for beginners.
The host has asked really incisive and pertinent questions and got some great information from the guest. I think she has purposefully not tried to overshadow the guest as some hosts do with meaningless banter. Wish this podcast all the best and hope to see more such interviews. Please do similar interviews on the furniture and home decor market in Hyderabad.
This is perhaps only channel which produces genuine and relevant content on Hyderabad real estate. Podcasts are straight forward. I hope they continue to stay motivated 😊
Great podcast.. whats the name of interviewer ? She is terrific in conducting herself and asking right follow up questions. One suggestion.. can we have a podcast from ghmc or sometop govt authority in understanding below topics in future podcasts 1. hyderabad water demand and supply 2. Waste management in meeting growing demand of these high densely areas 3. Connecting roads and traffic management
He is unable to explain why the markert will pickup in 2025. No realistic view. Real-estate growth is directly linked with the employement. One should understand employment growth which is the key factor.
He did mention that in 2024, Hyderabad saw over 10 Million Sqft of net commercial space occupied which is one of the highest in the country and much more than the ~4 Million sqft occupied I. 2023. With that he mentioned there will be more people occupying the space and hence over a period of time that would result in more residential purchases and hence scope for market to do better.
Please correct me if I am wrong. The 10 million sft that was sold last year is yet to be occupied, which can happen in 2025. Now we do not know how much of that area is under construction and whether that 10 million sft is completely purchased or was booked by the companies or the investors. Also populating them with high quality jobs is going to take its time.
I think these reports are more builder or developer centric, the factual date should be done based on occupancy rather than units sold. This number gives the real picture of real estate
This data is from the reports Anarock publishes through their research. They are a renowned name in Indian real estate and do extensive research to gather data and publish reports. It would be very complicated and difficult to get data on occupancy. Also, it wouldn’t be the true picture as one may or may not occupy the property when it’s ready. So it wouldn’t give an accurate picture.
Hyderabad has sold at its peak post Covid for last three years. It's stomach is full. With so much inventory lying idle, the sales will drop further. Hyderabad should see drop this year and next year as well. Even prices might moderate.
We will have to wait and see how long this lull period will continue for. The one key indicator is the high absorption in commercial real estate which at a later point may start reflecting in residential sales as well.
@@hyderabadgrowth world wide it jobs are reducing with ai. And more over more jobs are going from India to Philippines , malesiya and other south Indian countries those commercial spaces will be empty
In the long run prices are bound to keep increasing but there will always be phases where markets get slow and price growth will also be slow. We must always remember that properties with a good proposition (location, quality, price, legality) are likely to keep increasing at a faster rate than the market.
@@hyderabadgrowth the challenge is increase in price ahead of its time is the challenge. Another big challenge is unlimited FSI which builders are exploiting and creating “urban slums”
Nobody from the industry will give a negative view about the demand outlook even if sale number dipped by 5%. Last to last year, my company handed 0% salary increase. Last appraisal is about 3-4% on avg. New job pay packages have corrected by a lot. So, how many would be able to buy apartments 3-5cr worth apartments? Only fools will compare with BLR. There are many more high paying jobs in BLR than in HYD. Tell me a new IT park in HYD which has been operational and occupied?
Hyderabad's real estate market is at an all-time low. All the positivity being pushed from the developers' and aggregators' perspectives doesn’t resonate with consumers. While the channel makes an effort to counter comments politely, the guest frequently contradicts his own statements, and the host fails to catch and challenge these inconsistencies. It comes across as an echo chamber, where those struggling in the market want reassurance that they're doing well, only to hear that others have simply outpaced them. It's reminiscent of the "dollar logic" we've heard from our central finance minister.
The current market is definitely slow. We are trying to bring guests with various backgrounds to share their views. It's important that every member of our audience does their own research as well before making any decisions.
There is speculation about Developers are not launching new project as there is new RR tax (commission) is introduced to collect upfront, before launch.
In the maze of bricks, some spaces lie cold, Unseen, unsold, their stories unfold. But beyond the hustle, the land calls out, Where nature whispers, and hearts dance about. Chasing luxury with towers that rise, We forget the peace beneath open skies. Let’s build with earth, where true wealth is sown, In the garden of life, we’re never alone.
@@hyderabadgrowth Thank you! 🌱 Indeed, there's much to reflect on in the balance between progress and nature. Together, we can cultivate spaces that nourish both the earth and our hearts. 🌿💚
lovely poem, is it your original! lot of deep meaning they have ... lot of concrete around, nobody is using alternate materials for individual houses too... i would also love people to use maximum natural elements in construction ... but it isnt happening now... its said that temperatures will keep rising and we should invest in research and turn people to earth friendly materials.
It’s true that in the medium to long term prices will keep going up. Like you said unless there’s a very unlikely scenario like a job market crisis for a long period of time, the market wouldn’t crash. Phases of slow growth and minor corrections in some areas/projects could very much happen every few years.
I am a builder myself inventory is high . Too many ventures beside my building . High rise buildings are also having a lot of inventory. Lot of traffic going to come up in high rise zones
The guest is from Anarock which is India’s leading property consultants. Anarock gets this data through their research from multiple sources on-ground, through registrations data etc. This data is primarily from RERA approved projects of flats.
That would be difficult to find. When there is no maintenance fees, then those communities are not maintained and it's a matter of time before things go bad and quality of living for those residents will be very low. Good maintenance is a critical factor for the growth of a property and good living standards for the residents.
Its probably because they didnt invest the money themselves. In the name of soft launches they have gotten the money needed to build the venture and the land they didnt buy but took it in exchange for flats.
That's a very unlikely possibility in a city like Hyderabad. There will be slowdowns and in some cases price corrections, but demolish, is not something we see happening.
The guest has mentioned that the unsold inventory was around 1 lakh units last year and it's similar this year as well. The increase in price is a factor of multiple aspects such as increasing constructions costs and increase in land prices in good locations. Note that in some prime areas even in slow markets the prices will increase but at a slower pace and in not so prime areas, the price increase may not be much. What was mentioned in this podcast is an average increase.
All these podcast are just to push real estate market. There is no market in Hyderabad. No point of buying flat for 1cr in Hyderabad. Ppl realised instead of paying EMI if they would put it in mfs and stock market the returns are high and at current interest rates of home loan and artificially inflated prices nobody is interstated. Game bn real estate ppl and common ppl who pay EMI s
If one is buying flat within hyderabad city then price for 2bhk (1200 sft) in a community is 1.2 cr approx. Outside city limits near ORR you may get for lesser price. Compared to other cities like Mumbai, Bangalore, Chennai our sft cost is less which is a reality. Land price and construction cost is up so get ready to compromise with building quality if you are getting a flat for lesser price. People (NRI, elite club, etc) who invest will benefit since Hyderabad is at heart of India and can expand in 4 directions geographically. Info coming from a common man who took 5 years before booking a flat :)
Good to hear about your experience. While it is true that the all-inclusive price for a 1200 set apartment in a community could be around 1.2 Cr, we also believe there are quite a few areas in the city where you would be able to get the same size of a flat for below 1 Cr. However one must look at the proposition (location, quality, developer reputation, legality and price) before they make a decision. Like you rightly said, there's no doubt the long term continues to look good for Hyderabad.
@@rammanohar8161 it depends on individual requirement. I have chosen a gated community and gone ahead with a top builder in the city, in a prime locality very accessible to IT corridor. Current rental value stands at 35k to 40k around for 2bhk in the community. You need to keep in mind also your asset allocation which will be different for each individual. These decisions cannot be generalized for all.
The problem in Hyderabad is steep jack up of land rates inspite of having huge land bank. Artificial demand creation and gone out of reach of middle class. It will take some time to recover
This guy has totally lost on the customer purchasing power. People have no money, less jobs, high inflation. Their current debt to income ratio is already high. So there will be less new buyers
Hyderabad real estate is overhyped in last 3 years. We know there is a demand initially. But realtors became greedy with demand and prices soared too high. While big wigs like myhome,aparna ,rajpushpa,presitage groups are selling their flats like hot cakes others couldn't make it up .most of the reinvestors are the main buyers fro these big wigs. And as someone said ,no one will reduce the price even if there are lot of unsold pieces left. Brokers make the rentals too high. Soon Hyderabad west will become a no place to live for middle class
Have you all forgotten Hydra and Revanth Reddy? The reality is real estate is a controlled mafia in Hyderabad. This podcast is sugarcoating a lot of stuff.
Also, there is a lot of 'local' aspects to buying a flat or land in Hyderabad. Unlike Bombay or Bangalore, Hyd is not as cosmopolitan as it's marketed. Few neighborhoods like Kondapur, Manikonda (West Hyd) are only on demand. And that too super premium realtors like Aparna, My Home & Rajapushpa have good occupancy
Today the margin for most of the builder is only rs 500. But still no sales. I doubt if many builders will finish the projects. Pls buy only in a ready to move in buildings. Only then the money will be safe
@@hyderabadgrowth Yes, even national builders (Ex: Prestige at Budvel) is coming up with ~160 flats per acre, which is huge. Lots of new high rise buildings coming in Osman Nagar, Tellapur and Kollur also, with very higher prices. Not sure, how much time will take for these flats to be occupied.
The High rise society is not at all affordable living. Water problem is high. In Hyderabad prices hav skyrocketed and i feel people who purchase houses in that saturated prices are either Lawyer , Doctor or corrupt govt employees be ias , ips or any govt office employee and Corrupt Politicians who hav plenty of black money with them
Real Estate projects are a good place for folks to park their black money thus no worries if the market is down or up. Just ensure that these greedy folks keep the rents under control….I am sensing with this over construction the rents will also observe correction. Hyderabad can be best described as a market that bites more than what it can chew….
When looking at a model house, one must specifically confirm with the builder on what is going to be provided in the actual house and of what quality and brands.
Hyderabad and chennai are the only cities affordable in the country. With a budjet of 1.5 cr, you will get 2000 sq feet area flat in western part of hyd. Which is most happening and beautiful place in the country.
It's known how Congress functions. Before assembly elections, everyone in real estate was predicting a stagnation in Hyderabad market. But current government has gone above and beyond to ruin the market. Now sellers are quoting 20-30% less for land even in posh areas like Banjara -jubilee hills. Logic would suggest that people should be rushing to buy these discount deals. But people are unsure/predicting more crashes.
Can we ever hear the truth coming from an industry insider. These builders, landlords, brokers, agents, investors will always try to pump the Market with false news and fake news. West Hyderabad is ripe for a correction of 40%.
A correction of 40% is a very big number! Usually the well known/reputed brands will not come down on their price much even in a slow market. The more aggressive corrections may happen in projects/brands which are still not as well known and are struggling with cash flows in a slow market.
One good thing that has happened in real estate is a regulatory body like RERA coming in. It gives more power to the customer if things go wrong with a project. It’s important that everyone who invests in a property is aware of the guidelines of RERA.
I do understand it is optimistic talk, but doesn't reflect the reality on the ground. It is over priced in Hyderabad compared to other cities and rental value is low. How the investors can do it in Hyderabad and normal people can't afford it. Pricing will go down 2025, just stay tuned.
Completely agree. Mudit is seller. This optimism doesnt work for the common people who are buyers. Affordability took a huge blow in Hyderabad. 2.5 to 6 crores for a regular 3 bhk in prelaunch is too much. The engineers have to earn a minimum of 3-5 lakh per month post tax to afford that, in current situation. This situation cannot prolong..
See in bangalore the sales are primarily dependent on the working force but it isnt the scenario in Hyderabad Hyd real estate and sales of flats forsay also is dependent on many sectors like pharma retail etc also real estate doesent mean only sale of flats it also includes open plots and open lands when the transactions in sales of lands in rural Telangana goes automatically the Hyderabad realestate will also go up
Yes, Hyderabad does have people from various sectors buying properties. However the purchase of flats is done largely by the workforce in the IT sectors - especially in the west of Hyderabad. Gachibowli, Financial District, Kokapet and beyond.
That said , we don’t see any evidence of reduction of price point in and around Kokapet , even the new projects are opened up with huge price, this is very confusing to what these consulting companies tell us , I am not sure about other areas in and around Hyd and Secunderabad, but Kokapet and Mokila are absolutely not selling at the right price point.
The primary reason for the price hike in the areas you mentioned is the increase in land prices. The prices skyrocketed after the auction where lands were purchased for high numbers. Now it's at a stage where developers cannot go below a certain price due to high land prices.
@ yes I understand that, if they have to sell their unsold inventory, something got to be done, there’s a demand still in this area for high end homes and villas, there is 3X appreciation for villas over the last couple of years, this area is indeed a gold mine for development
It is funny to see even people like this quote AI city, new city. These places dont have any roadmaps Most of the commercial space is in FD, Gachibowli, Puppalaguda, Raidurg. Simple funda, purchase only in a place that is commutable from above areas.
All I see is greed. There might be various reasons for this. But this drives the business. Developers might come with n number of reasons for the high prices, but they are also answerable for the quality. Everyone came up with new charges, hidden charges which might be okay for now, but in the long run it will only ruin the industry and it has started.
We don’t believe that’s true. The projects which have been built with good quality have mostly not had such issues. The ones you are referring to may be the ones that have not been built well.
@@hyderabadgrowth So, My Home, Aparna, Rajapushpa aren't the good ones. Because of cheap or faulty STP, they pump used water which is not 100% treated, which stink the bathroom, this exists in majority of the high rises.
The host is sounding very dull. Let her have a dose of glucose before the start of any interview. Very dull. Further she wants only negative news to be heard.
We will take your feedback. However, our intent is only to get real information that will be useful to our audience whether it is negative or positive is not something we focus on.
This guy has totally lost on the customer purchasing power. People have no money, less jobs, high inflation. Their current debt to income ratio is already high. So there will be less new buyers
Never buy flats in a society which offers 2,3,4 & 5 bhks. It will attract people from different financial backgrounds which causes friction in the lifestyle and living preferences.
True
True
Fair point, Yogesh. The opinions of residents in such scenarios often can be varied.
very good observation yogesh!
Very true. The 4 and 5 bhk ones are with the most chapri attitude.
Overbuilding is becoming a very big issue in Hyderabad. Someone needs to take some action and control this. Great podcast, These numbers help a lot when planning a investment in Hyderabad. Please bring more podcasts on Investing for beginners.
Happy to know that, Akhila. We will surely bring in more guests providing information that is helpful to beginners as well.
The host has asked really incisive and pertinent questions and got some great information from the guest. I think she has purposefully not tried to overshadow the guest as some hosts do with meaningless banter. Wish this podcast all the best and hope to see more such interviews. Please do similar interviews on the furniture and home decor market in Hyderabad.
We concsiously try to keep the focus on the guest and get their view. Thank you for your encouraging words.
This is perhaps only channel which produces genuine and relevant content on Hyderabad real estate. Podcasts are straight forward. I hope they continue to stay motivated 😊
Great podcast.. whats the name of interviewer ? She is terrific in conducting herself and asking right follow up questions.
One suggestion.. can we have a podcast from ghmc or sometop govt authority in understanding below topics in future podcasts
1. hyderabad water demand and supply
2. Waste management in meeting growing demand of these high densely areas 3. Connecting roads and traffic management
Thank you, Sanjeev! Her name is Megha. Appreciate your suggestion on the kind of guests you wish for us to invite. We shall surely work on this.
He is unable to explain why the markert will pickup in 2025. No realistic view. Real-estate growth is directly linked with the employement. One should understand employment growth which is the key factor.
He did mention that in 2024, Hyderabad saw over 10 Million Sqft of net commercial space occupied which is one of the highest in the country and much more than the ~4 Million sqft occupied I. 2023. With that he mentioned there will be more people occupying the space and hence over a period of time that would result in more residential purchases and hence scope for market to do better.
Please correct me if I am wrong. The 10 million sft that was sold last year is yet to be occupied, which can happen in 2025.
Now we do not know how much of that area is under construction and whether that 10 million sft is completely purchased or was booked by the companies or the investors.
Also populating them with high quality jobs is going to take its time.
It will not do better job market is worst since 3-4 years and I am not seeing any rapid growth in job@@hyderabadgrowth
Nothing much. Just because he invested money there 😊
Black money has to go some where , the default place to put is real estate
Waiting for long time for your episode 😢... thanks 🙏
We will try and not make you wait for long, moving forward :)
Thank you for your encouragement 🙏🏻
I think these reports are more builder or developer centric, the factual date should be done based on occupancy rather than units sold. This number gives the real picture of real estate
This data is from the reports Anarock publishes through their research. They are a renowned name in Indian real estate and do extensive research to gather data and publish reports. It would be very complicated and difficult to get data on occupancy. Also, it wouldn’t be the true picture as one may or may not occupy the property when it’s ready. So it wouldn’t give an accurate picture.
Hyderabad has sold at its peak post Covid for last three years. It's stomach is full. With so much inventory lying idle, the sales will drop further. Hyderabad should see drop this year and next year as well. Even prices might moderate.
We will have to wait and see how long this lull period will continue for. The one key indicator is the high absorption in commercial real estate which at a later point may start reflecting in residential sales as well.
@@hyderabadgrowth world wide it jobs are reducing with ai. And more over more jobs are going from India to Philippines , malesiya and other south Indian countries those commercial spaces will be empty
Prices Have gone V High, in all major cities,could be the main issue
In the long run prices are bound to keep increasing but there will always be phases where markets get slow and price growth will also be slow. We must always remember that properties with a good proposition (location, quality, price, legality) are likely to keep increasing at a faster rate than the market.
@@hyderabadgrowth the challenge is increase in price ahead of its time is the challenge. Another big challenge is unlimited FSI which builders are exploiting and creating “urban slums”
Nobody from the industry will give a negative view about the demand outlook even if sale number dipped by 5%.
Last to last year, my company handed 0% salary increase. Last appraisal is about 3-4% on avg. New job pay packages have corrected by a lot. So, how many would be able to buy apartments 3-5cr worth apartments? Only fools will compare with BLR. There are many more high paying jobs in BLR than in HYD. Tell me a new IT park in HYD which has been operational and occupied?
Totally valid point I don't see further much growth in job market
Very true, job cuts are on the way. Forget about salary hikes.
*Those who may want to know which company I work for - it is one amongst Magnificent7
Very informative! Thank you… waiting for more…
Great to know! Lots more coming your way!
Hyderabad's real estate market is at an all-time low. All the positivity being pushed from the developers' and aggregators' perspectives doesn’t resonate with consumers. While the channel makes an effort to counter comments politely, the guest frequently contradicts his own statements, and the host fails to catch and challenge these inconsistencies. It comes across as an echo chamber, where those struggling in the market want reassurance that they're doing well, only to hear that others have simply outpaced them. It's reminiscent of the "dollar logic" we've heard from our central finance minister.
Yes they think people can be influenced by such positive PR, real estate is a major investment for people so they think 100 times more with caution.
The current market is definitely slow. We are trying to bring guests with various backgrounds to share their views. It's important that every member of our audience does their own research as well before making any decisions.
Wow i like the demeanour and the questions of the interviewier. To the point and extracts optimum info from the guest..
We are glad to see know this. We will continue to bring out valuable information for our audience.
There is speculation about Developers are not launching new project as there is new RR tax (commission) is introduced to collect upfront, before launch.
In the maze of bricks, some spaces lie cold,
Unseen, unsold, their stories unfold.
But beyond the hustle, the land calls out,
Where nature whispers, and hearts dance about.
Chasing luxury with towers that rise,
We forget the peace beneath open skies.
Let’s build with earth, where true wealth is sown,
In the garden of life, we’re never alone.
Those are some good lines with a lot of thought to ponder on 🌳
@@hyderabadgrowth Thank you! 🌱 Indeed, there's much to reflect on in the balance between progress and nature. Together, we can cultivate spaces that nourish both the earth and our hearts. 🌿💚
Absolutely!
lovely poem, is it your original! lot of deep meaning they have ... lot of concrete around, nobody is using alternate materials for individual houses too... i would also love people to use maximum natural elements in construction ... but it isnt happening now... its said that temperatures will keep rising and we should invest in research and turn people to earth friendly materials.
@@hyderabadgrowth Thanks
Real Estate prices will not go down unless there is a huge job market crisis.
It’s true that in the medium to long term prices will keep going up. Like you said unless there’s a very unlikely scenario like a job market crisis for a long period of time, the market wouldn’t crash. Phases of slow growth and minor corrections in some areas/projects could very much happen every few years.
I am a builder myself inventory is high . Too many ventures beside my building . High rise buildings are also having a lot of inventory. Lot of traffic going to come up in high rise zones
how the unit numbers arrived?
Do they count small 10-20 flat complexes in this number ?
The guest is from Anarock which is India’s leading property consultants. Anarock gets this data through their research from multiple sources on-ground, through registrations data etc. This data is primarily from RERA approved projects of flats.
We need more plots ventures, villas, independent houses that don't have monthly maintenance fees, etc
That would be difficult to find. When there is no maintenance fees, then those communities are not maintained and it's a matter of time before things go bad and quality of living for those residents will be very low. Good maintenance is a critical factor for the growth of a property and good living standards for the residents.
@@hyderabadgrowth Well, so whole country should go bad? That is not a logical point at all.
Prices wont come down. They will rather demolish if unsold.
Its probably because they didnt invest the money themselves. In the name of soft launches they have gotten the money needed to build the venture and the land they didnt buy but took it in exchange for flats.
That's a very unlikely possibility in a city like Hyderabad. There will be slowdowns and in some cases price corrections, but demolish, is not something we see happening.
Its a property everyone loves property and eveyone buy through loans .....flats are very very much less when compare to number of people
same thing they are telling from last two years about unsold inventory.. then why there is such surge in price?
The guest has mentioned that the unsold inventory was around 1 lakh units last year and it's similar this year as well. The increase in price is a factor of multiple aspects such as increasing constructions costs and increase in land prices in good locations. Note that in some prime areas even in slow markets the prices will increase but at a slower pace and in not so prime areas, the price increase may not be much. What was mentioned in this podcast is an average increase.
All these podcast are just to push real estate market. There is no market in Hyderabad. No point of buying flat for 1cr in Hyderabad. Ppl realised instead of paying EMI if they would put it in mfs and stock market the returns are high and at current interest rates of home loan and artificially inflated prices nobody is interstated. Game bn real estate ppl and common ppl who pay EMI s
If one is buying flat within hyderabad city then price for 2bhk (1200 sft) in a community is 1.2 cr approx. Outside city limits near ORR you may get for lesser price. Compared to other cities like Mumbai, Bangalore, Chennai our sft cost is less which is a reality. Land price and construction cost is up so get ready to compromise with building quality if you are getting a flat for lesser price. People (NRI, elite club, etc) who invest will benefit since Hyderabad is at heart of India and can expand in 4 directions geographically. Info coming from a common man who took 5 years before booking a flat :)
Good to hear about your experience. While it is true that the all-inclusive price for a 1200 set apartment in a community could be around 1.2 Cr, we also believe there are quite a few areas in the city where you would be able to get the same size of a flat for below 1 Cr. However one must look at the proposition (location, quality, developer reputation, legality and price) before they make a decision.
Like you rightly said, there's no doubt the long term continues to look good for Hyderabad.
You were fooled , sorry for trying to justify the price you paid
@@rammanohar8161 it depends on individual requirement. I have chosen a gated community and gone ahead with a top builder in the city, in a prime locality very accessible to IT corridor. Current rental value stands at 35k to 40k around for 2bhk in the community. You need to keep in mind also your asset allocation which will be different for each individual. These decisions cannot be generalized for all.
Thank you team
Most welcome, Suresh
Crores of rupees common people can afford to buy house this is insane middle class people will end up living in rented homes😢
The host is already pre-determined that all is good
The problem in Hyderabad is steep jack up of land rates inspite of having huge land bank. Artificial demand creation and gone out of reach of middle class. It will take some time to recover
We must agree that in some areas the rates have gone up very high and in a short time.
This guy has totally lost on the customer purchasing power. People have no money, less jobs, high inflation. Their current debt to income ratio is already high. So there will be less new buyers
Just a query -- what is the percentage of flats that a builder needs to sell to be on no profit no loss zone in an apartment
Hyderabad real estate is overhyped in last 3 years. We know there is a demand initially. But realtors became greedy with demand and prices soared too high.
While big wigs like myhome,aparna ,rajpushpa,presitage groups are selling their flats like hot cakes others couldn't make it up .most of the reinvestors are the main buyers fro these big wigs.
And as someone said ,no one will reduce the price even if there are lot of unsold pieces left.
Brokers make the rentals too high.
Soon Hyderabad west will become a no place to live for middle class
Have you all forgotten Hydra and Revanth Reddy? The reality is real estate is a controlled mafia in Hyderabad. This podcast is sugarcoating a lot of stuff.
Also, there is a lot of 'local' aspects to buying a flat or land in Hyderabad. Unlike Bombay or Bangalore, Hyd is not as cosmopolitan as it's marketed. Few neighborhoods like Kondapur, Manikonda (West Hyd) are only on demand. And that too super premium realtors like Aparna, My Home & Rajapushpa have good occupancy
Today the margin for most of the builder is only rs 500. But still no sales. I doubt if many builders will finish the projects. Pls buy only in a ready to move in buildings. Only then the money will be safe
Unlimited FSI 😮😮 5 lakh sft in just one acre 😮😮😮
Unlimited FSI has been a topic of discussion for a while now. If misused, the density can skyrocket and cause many issues.
@@hyderabadgrowth Yes, even national builders (Ex: Prestige at Budvel) is coming up with ~160 flats per acre, which is huge. Lots of new high rise buildings coming in Osman Nagar, Tellapur and Kollur also, with very higher prices. Not sure, how much time will take for these flats to be occupied.
The High rise society is not at all affordable living. Water problem is high. In Hyderabad prices hav skyrocketed and i feel people who purchase houses in that saturated prices are either Lawyer , Doctor or corrupt govt employees be ias , ips or any govt office employee and Corrupt Politicians who hav plenty of black money with them
The sales are already stagnant,but still we see ads coming up with new residential apartments,not sure who is buying
Actually things prices are increased, GST, Reg charges very very higher land rates increased artificially previous Govt BUT QUALITY NOT IMPROVED
Any suggestion on buying flat in Budwel layout ?
Real Estate projects are a good place for folks to park their black money thus no worries if the market is down or up. Just ensure that these greedy folks keep the rents under control….I am sensing with this over construction the rents will also observe correction. Hyderabad can be best described as a market that bites more than what it can chew….
In model house builder all are branded items example. Toilet Tiles, taps, flooring etc are in 3rd standard fixing in years it will get problems
Practical house is very poor quality compare to model house ?????..
When looking at a model house, one must specifically confirm with the builder on what is going to be provided in the actual house and of what quality and brands.
Dont go for society fame ,....purchase in your budget and your requirements....
Valid point! It's crucial that we know our budget and not divert from it too much due to other reasons.
Hyderabad and chennai are the only cities affordable in the country. With a budjet of 1.5 cr, you will get 2000 sq feet area flat in western part of hyd. Which is most happening and beautiful place in the country.
This may be true if compared to Bangalore, Mumbai and Delhi. But you will be able to find properties at such prices in other cities.
Not very different from the ANI podcast interview of the Goa minister of tourism😊
Do not buy anything in Hyderabad until the hydra goes off. Every quater there are new rules and demolition. Buy only if you can afford the loss.
Current Govt failed in all aspects, and previous govt left the costs at very high. So for next few years it will not be easy.
It's known how Congress functions. Before assembly elections, everyone in real estate was predicting a stagnation in Hyderabad market. But current government has gone above and beyond to ruin the market. Now sellers are quoting 20-30% less for land even in posh areas like Banjara -jubilee hills. Logic would suggest that people should be rushing to buy these discount deals. But people are unsure/predicting more crashes.
Can we ever hear the truth coming from an industry insider.
These builders, landlords, brokers, agents, investors will always try to pump the Market with false news and fake news.
West Hyderabad is ripe for a correction of 40%.
A correction of 40% is a very big number! Usually the well known/reputed brands will not come down on their price much even in a slow market. The more aggressive corrections may happen in projects/brands which are still not as well known and are struggling with cash flows in a slow market.
@hyderabadgrowth Of course they will not voluntarily, they will forced too.
Sir purchase a small refrigerator he will give guarantee for 10 to 20 years now a days but. We are paying 1.5 to 2.5 Cr no guarantee for 10 yrs
One good thing that has happened in real estate is a regulatory body like RERA coming in. It gives more power to the customer if things go wrong with a project. It’s important that everyone who invests in a property is aware of the guidelines of RERA.
What is the magic to improve improve
I do understand it is optimistic talk, but doesn't reflect the reality on the ground. It is over priced in Hyderabad compared to other cities and rental value is low. How the investors can do it in Hyderabad and normal people can't afford it. Pricing will go down 2025, just stay tuned.
Completely agree. Mudit is seller. This optimism doesnt work for the common people who are buyers. Affordability took a huge blow in Hyderabad. 2.5 to 6 crores for a regular 3 bhk in prelaunch is too much. The engineers have to earn a minimum of 3-5 lakh per month post tax to afford that, in current situation. This situation cannot prolong..
People says prices will be down in 23, 24 and it never happen but correction did happen and I doubt even in 25 the prices will go down.
I see, host voice is slightly different, compared to previous episodes ?
No it’s the same a😀
@@hyderabadgrowth i like ur Husky voice...hope u keep it real... :)
See in bangalore the sales are primarily dependent on the working force but it isnt the scenario in Hyderabad Hyd real estate and sales of flats forsay also is dependent on many sectors like pharma retail etc also real estate doesent mean only sale of flats it also includes open plots and open lands when the transactions in sales of lands in rural Telangana goes automatically the Hyderabad realestate will also go up
Yes, Hyderabad does have people from various sectors buying properties. However the purchase of flats is done largely by the workforce in the IT sectors - especially in the west of Hyderabad. Gachibowli, Financial District, Kokapet and beyond.
That said , we don’t see any evidence of reduction of price point in and around Kokapet , even the new projects are opened up with huge price, this is very confusing to what these consulting companies tell us , I am not sure about other areas in and around Hyd and Secunderabad, but Kokapet and Mokila are absolutely not selling at the right price point.
The primary reason for the price hike in the areas you mentioned is the increase in land prices. The prices skyrocketed after the auction where lands were purchased for high numbers. Now it's at a stage where developers cannot go below a certain price due to high land prices.
@ yes I understand that, if they have to sell their unsold inventory, something got to be done, there’s a demand still in this area for high end homes and villas, there is 3X appreciation for villas over the last couple of years, this area is indeed a gold mine for development
Now in Hyd ..every property being sold minimum 5x .. dont fall as prey at this time .
How’s the investment potential in Capital AMARAVATI
It’s too early to comment. Once we see development happen onground at a brisk pace, then you could see more people interested in investing there.
It is time to lower the rates which they never do
It is funny to see even people like this quote AI city, new city.
These places dont have any roadmaps
Most of the commercial space is in FD, Gachibowli, Puppalaguda, Raidurg.
Simple funda, purchase only in a place that is commutable from above areas.
All I see is greed. There might be various reasons for this. But this drives the business. Developers might come with n number of reasons for the high prices, but they are also answerable for the quality. Everyone came up with new charges, hidden charges which might be okay for now, but in the long run it will only ruin the industry and it has started.
Ok modiji sab changa sihave an interview just exactly after a year
He looks more of Ashneer Grover
Over prices
Madam, Pl add some energy to your words. U speak like a person just got up from a sick bed
While each one has their way of speaking, we will definitely work on your feedback.
All high rises in Hyderabad have stinking bathrooms. Isn't it not the truth.
We don’t believe that’s true. The projects which have been built with good quality have mostly not had such issues. The ones you are referring to may be the ones that have not been built well.
@@hyderabadgrowth So, My Home, Aparna, Rajapushpa aren't the good ones. Because of cheap or faulty STP, they pump used water which is not 100% treated, which stink the bathroom, this exists in majority of the high rises.
The host is sounding very dull. Let her have a dose of glucose before the start of any interview. Very dull.
Further she wants only negative news to be heard.
Focus on the content bro. Most of the people who speak very excitedly tend to fake or have zero knowledge on what they are saying.
We will take your feedback. However, our intent is only to get real information that will be useful to our audience whether it is negative or positive is not something we focus on.
ruclips.net/video/8AsEFWF-c0Y/видео.htmlsi=MqjeU27AC92H9wYP
This guy has totally lost on the customer purchasing power. People have no money, less jobs, high inflation. Their current debt to income ratio is already high. So there will be less new buyers
ruclips.net/video/-UXBZYLwyFw/видео.htmlsi=SdRT-fH6gLspk5VY