With the increase in AI and layoffs around the world and uncertainty in the IT, I am sure a wise person in their 30s would not take a huge loan and purchase it. It is much easy to be rented and invested in other avenues until they reach 50s. I think the notion of purchasing a home at a prime age and become slave to the financial system in todays age is so dumb idea. Also to be honest, there is no premium/luxury factor in the high rise buildings if we see them practically, on brouchers/animated videos it feels like so.
Black money is equitably distributed across all class of population. Market is skewed, it should approach to normal distribution and correction is the process, which big builders are stalling since 2 years.
@@torchbearer6300 Individual decides where 2 liveor not. His budget will decide whether to own or rent a house. Reply with logic and dont insult others. The price of high rise apartment doesn't match the sum of UDS price, Constructiin cost, Amenities cost and builder profit of 5-10%. Any knowledgable buyer will ask these things before buying high rise. This is the major 2 lac high rise apartments are not sold and oversupply. Builders have time for 1 year to reduce the prices a d sell their excess inventory, when the economy downturns from Oct. 2025, then this unsold inventory will be sold in Auction by the banks post 2025 with 50% discount. We have example of China now and India is not far away.
There are certain phases/concepts in any sector like, All time high, consolidation, down trend, uptrend, Overvalued , undervalued, oversupply, High demand, low demand. I think at present Hyderabad RE is at a phase of Overvalued, Oversupply, All time high. So a wise decision would be is to not hurry in purchasing, as the next phase would be consolidation/downtrend, at this phase a good bargain can be beneficial to grab the deals
Salaries increase by 10%, inflation increase by 7%, property rates increase by 30%, how someone can afford anymore. Better to get a small job and do WFH from villages instead....Hyderabad is not livable anymore for a person who even earns 100k per month.
Just keeping base price aside After this builder is charging Floor rise Aminities Corner Area premium for some community’s Car parking Roughy 1000rs/aft they are charging more After this again gst + registration + interiors For 3bhk nearly 50lakhs more we need to spend I have seen people struggling and compromising on interiors after spending 1.5cr on flat.
Unless you are rich and you dont depend on salary it is safe. Else it could be the dumbest decision of your life if you are working in IT and trying to buy a flat over 1 CR
If one has to buy affordable flats.Then buy and rent them. And see if you job nearby high cost residential areas ( as explained in the video) then stay as a tenant and enjoy the amenities as long as you are on the job. 😊 Just a common suggestion 😊
All are inflated prices shown on websites ....u should always see the UDS of the land and approximate per sft construction and later add money depending on amenities ...every flat has government value ..that is the original cost...negotiate near to the that....it is risky real estate at this price ...not riskless 🙃
It's a waste of money buying a flat in the West part of the city. All including comes to 15000 per sft. 9000 minimum is just base price . In Mumbai builders' quote based on carpet here, it's a super built-up area. Hyderabad is overhyped, and the prices will definitely fall by 30/40%
what about the sq.ft fraud done by builders, now a days 2400 sq ft is having carpet area same as 1800 old flats. Its a huge scam and government is encouraging it. IT employees and buyers should stop buying flats in Hyderabad. Call for embargo in Hyderabad, these people are becoming extremely arrogant with the black money they are hoarding.
Does it really cost 30L for interiors ? And that has to come out of Cash right ? For example if thinking of having 20% for 1.5 Cr house thats 30L so one would need 30L plus 30L = 60L in hand before taking a 1.2 Cr home ?
How hyderbad became is if you are not living in gtaed high rised apartment .his life is waste and they cretaed a mind set atleast we need to spend 1.5 cr then only we can get a small place on this world ....waste of money
High rise structure lasts only 30yrs then what is the use of paying 2cr, instead buy any land 1acre and any land with 60k with 120squards , simlex house construction max 30lacs. Land is permanent asset but flat has structural life value ...inquire known relative civil engineer structural consultant for more details
Plz break up thee claculation properly, dont add the sq. Feet price for their calculatiin quiter by builders. UDS price based on market value, construction cost, Amenities cost, builder profit, that will give true price and 5% above or below calculated price.
I have one mager doughnut 1.6 to 2.0 cr. 3bhk Any guarantee 5 to 10 years for leakage ,mager damages. tiles etc any way collecting corpus funds Example one refrigerator giving guarantee for rustfree,compressor etc 20 yrs
Prices will fall more then 50% in Hyd people working in Hyd don’t have any rule work only from Hyd, they will move to better places/ cities, that offers value for money.
Miyapur , kkpb is not equal to nizampet or bachupally. There is sky earth difference... Both are on opposite sides to connect to hi tec. If Can we get 6.5 in kkp or miyapur kindly msg. Nothing is less than 9k eg candeur, veryex viraat
I call high rises as vertical slums... Working couples are brainless and IT adds more dumbness... Inefficient flat to lift ratios, person to club house ratio, and no adequate rains in Hyderabad... Moreover, rampant black money...
When you can’t afford you can’t call it as a slum… 😁so how come anyone buy a plot of 4cent in Hyderabad and construct it… even villa in Kollur they are quoting 5cr
@@praveenjp3617 most property lovers lack the basic IQ to understand what real estate is. All unethical people of my nation believe in holding land and multiple properties and depriving the poor of their rights. Higher property prices only mean that the society has rotten to the core as it is a basic necessity like food and clothing. If you have to take a loan for that, it means there is something seriously wrong with the society you are living in.
@@saikrishnavits sir, we have very good project with highest construction quality PRATHISTHA SAARANG IN Ameenpur ,we have mini function hall,good water resource evey amenities with 4500 per sqft it is with in the GHMC limits and near to chandanagar bhel don't want to go up to patancheru
With the increase in AI and layoffs around the world and uncertainty in the IT, I am sure a wise person in their 30s would not take a huge loan and purchase it. It is much easy to be rented and invested in other avenues until they reach 50s. I think the notion of purchasing a home at a prime age and become slave to the financial system in todays age is so dumb idea. Also to be honest, there is no premium/luxury factor in the high rise buildings if we see them practically, on brouchers/animated videos it feels like so.
Why do you take rental houses for granted?? Look at Bangalore. Once rental crisis arises people start blaming govt ask the rents to be fixed
@@hemanthaugust7217 All problems one solution ask govt or blame govt 🙏🙏
Rents are shooting up very fast. Renting is no longer an inexpensive, peace of mind option.
High rise buildings are concrete slums.
People had taken High rises for posh , luxury and high class lives. Concrete slums 😂😂😂
Even developed countries don't have this kind of pricing. With the infrastructure we have in India its not worth buying in Hyderabad.
Developed countries also dont have as much black money as is present in hyderabad real estate
Black money is equitably distributed across all class of population. Market is skewed, it should approach to normal distribution and correction is the process, which big builders are stalling since 2 years.
It’s lot of population and demand causing high prices
Have you seen the Rent, its beyond 50k in average Gated community in Hyderabad. Specially in Gachibowli and other western part of Hyderabad
@@torchbearer6300 Individual decides where 2 liveor not. His budget will decide whether to own or rent a house. Reply with logic and dont insult others. The price of high rise apartment doesn't match the sum of UDS price, Constructiin cost, Amenities cost and builder profit of 5-10%. Any knowledgable buyer will ask these things before buying high rise. This is the major 2 lac high rise apartments are not sold and oversupply. Builders have time for 1 year to reduce the prices a d sell their excess inventory, when the economy downturns from Oct. 2025, then this unsold inventory will be sold in Auction by the banks post 2025 with 50% discount. We have example of China now and India is not far away.
There are certain phases/concepts in any sector like, All time high, consolidation, down trend, uptrend, Overvalued , undervalued, oversupply, High demand, low demand.
I think at present Hyderabad RE is at a phase of Overvalued, Oversupply, All time high.
So a wise decision would be is to not hurry in purchasing, as the next phase would be consolidation/downtrend, at this phase a good bargain can be beneficial to grab the deals
Salaries increase by 10%, inflation increase by 7%, property rates increase by 30%, how someone can afford anymore. Better to get a small job and do WFH from villages instead....Hyderabad is not livable anymore for a person who even earns 100k per month.
Well Explained & Highlight is Shock of life time is wen it people start searching fr teir Dreamhouse .😅
In delhi NCR with 100rs we can reach airport from anywhere...but in hyderabad 1000rs for cab...no metro connectivity and no roads.
Commuting from one place to other in city is more expensive
Hyderabad is a unique area that's why everything is expensive
Brother same in Chennai also
You need to add GST to the equation ..which is addtional 5% on the base price
Buchpally,miyapur nizampet,pragati nagar huge traffic and narrow roads😢
True
Too much pollution also in those areas due to Nearby IDA
Just keeping base price aside
After this builder is charging
Floor rise
Aminities
Corner
Area premium for some community’s
Car parking
Roughy 1000rs/aft they are charging more
After this again gst + registration + interiors
For 3bhk nearly 50lakhs more we need to spend
I have seen people struggling and compromising on interiors after spending 1.5cr on flat.
Unless you are rich and you dont depend on salary it is safe. Else it could be the dumbest decision of your life if you are working in IT and trying to buy a flat over 1 CR
True, i believe you should buy based on how much u can comfortably afford, instead of buying just because a colleague or a family member is buying
If one has to buy affordable flats.Then buy and rent them. And see if you job nearby high cost residential areas ( as explained in the video) then stay as a tenant and enjoy the amenities as long as you are on the job. 😊 Just a common suggestion 😊
You rocks Saurabh, we support you. You should have covered Osman Nagar projects also, a part of Tellapur
All are inflated prices shown on websites ....u should always see the UDS of the land and approximate per sft construction and later add money depending on amenities ...every flat has
government value ..that is the original cost...negotiate near to the that....it is risky real estate at this price ...not riskless 🙃
Rightly said.
Could you please cover areas like manikonda, puppalaguda, narsinghi?
Real estate grows mostly on NRI investments, as US interest rates are higher now it will slow down for few years
It's a waste of money buying a flat in the West part of the city. All including comes to 15000 per sft. 9000 minimum is just base price . In Mumbai builders' quote based on carpet here, it's a super built-up area. Hyderabad is overhyped, and the prices will definitely fall by 30/40%
i cant affort, waste all NRI are dumping here without any 2nd though, I rather buy in Andhra now.
One more important point is : Do check the maintenance charges when you r going for any apartment
2lakhs apartments are unsold in hyderabad as per report
2lakhs are legal units, What about illegal units 😂
what about the sq.ft fraud done by builders, now a days 2400 sq ft is having carpet area same as 1800 old flats. Its a huge scam and government is encouraging it. IT employees and buyers should stop buying flats in Hyderabad. Call for embargo in Hyderabad, these people are becoming extremely arrogant with the black money they are hoarding.
Why standalone apartments are not considered ?
No filter of gated community is put in the search bar, all the displayed apartment projects are considered for the analysis.
How reliable is good water supply in this jungles
Is it ok to invest at Kokapet? Ramky one astra at 9.3k per sft?
Persft price in bangalore itpl road is much less
Tellapur base price is now at least 7.5 ( occupancy after 2 years on avg )
that is official date but in reality the occupancy will be 3 to 4 years atleast
What would be avg price in narsingi for 3 bhk
6500 to 7000 square feet
@@amarnathreddy7287may I know which project is quoting 6500 in Narsingi 😵💫😵💫
@ check out this project verdant bayleaf, in manchirevula, which is 2km from Narsingi
Does it really cost 30L for interiors ? And that has to come out of Cash right ? For example if thinking of having 20% for 1.5 Cr house thats 30L so one would need 30L plus 30L = 60L in hand before taking a 1.2 Cr home ?
Good analysis
How hyderbad became is if you are not living in gtaed high rised apartment .his life is waste and they cretaed a mind set atleast we need to spend 1.5 cr then only we can get a small place on this world ....waste of money
Sir
Many APRTMENTS COMPLETED LOCKED THE DOORS THEY ARE NOT FLORING & WINDOWS NOT FIXED WAITING FOR PARTY THI IS THE SITUATION IN HYD SIR
Hyderabad city next gost china city, plenty of properties- but public can not afford.
High rise structure lasts only 30yrs then what is the use of paying 2cr, instead buy any land 1acre and any land with 60k with 120squards , simlex house construction max 30lacs.
Land is permanent asset but flat has structural life value ...inquire known relative civil engineer structural consultant for more details
Plz break up thee claculation properly, dont add the sq. Feet price for their calculatiin quiter by builders. UDS price based on market value, construction cost, Amenities cost, builder profit, that will give true price and 5% above or below calculated price.
I have one mager doughnut 1.6 to 2.0 cr. 3bhk Any guarantee 5 to 10 years for leakage ,mager damages. tiles etc any way collecting corpus funds
Example one refrigerator giving guarantee for rustfree,compressor etc 20 yrs
That’s the reason you need to go to quality builder..
Even GST 5%
Good analysis. Appreciate your efforts bro..
Is Manikonda and Kismatpur not in the reach of Middle class?
Manikonda no, Kismatpur yes
Never Hyderabad will go down in real estate, downtrend not happen. Its rich city.
Leaders made it un sffordable.
cost more than mumbai
Hydra coming
Will these per sqft price decrease after AP elections results if TDP come into power?
I don't think people who are working and living in Hyderabad would go and buy an apartment in Andhra just because of a change in Government.
Prices will fall more then 50% in Hyd people working in Hyd don’t have any rule work only from Hyd, they will move to better places/ cities, that offers value for money.
@@Mjks5641 so u mean in Gachibowli Kokapet we can expect apartments in gated community at 5000Rs per sq feet if TDP wins?
@@risklessrealestateyes, Gachibowli will come down to 1CR or below in gated , not 2 CR as u said.
@@Mjks5641 nice andi hope it happens, I am waiting to book a flat in My Home at 5k as per your information
someone said ..never buy a flat ever which is not READY TO MOVE IN 🤔.
Miyapur , kkpb is not equal to nizampet or bachupally. There is sky earth difference... Both are on opposite sides to connect to hi tec.
If Can we get 6.5 in kkp or miyapur kindly msg. Nothing is less than 9k eg candeur, veryex viraat
I call high rises as vertical slums... Working couples are brainless and IT adds more dumbness... Inefficient flat to lift ratios, person to club house ratio, and no adequate rains in Hyderabad... Moreover, rampant black money...
true. high rises are vertical slums and low rises are horizontal slums without and ventilation
When you can’t afford you can’t call it as a slum… 😁so how come anyone buy a plot of 4cent in Hyderabad and construct it… even villa in Kollur they are quoting 5cr
@@praveenjp3617 most property lovers lack the basic IQ to understand what real estate is. All unethical people of my nation believe in holding land and multiple properties and depriving the poor of their rights. Higher property prices only mean that the society has rotten to the core as it is a basic necessity like food and clothing. If you have to take a loan for that, it means there is something seriously wrong with the society you are living in.
@@praveenjp3617 if someone purchases shit at higher prices does not mean shit is healthy.
Beeramguda, Patancheru?
Please follow the same method shown in housing website and u can checkit andi
@@risklessrealestate Sure andi. But just thinking if it’s right investment there.
@@saikrishnavits sir, we have very good project with highest construction quality PRATHISTHA SAARANG IN Ameenpur ,we have mini function hall,good water resource evey amenities with 4500 per sqft it is with in the GHMC limits and near to chandanagar bhel don't want to go up to patancheru
Very realistic video
Thanks Sandeep
Nice topic
There is a lot of difference in price x amount per sft with handover in 2024 vs handover 2027 ppl never realise that.😆😆😆
That's true
Whats your opinion about prosperiti homes EKAM project near Exit 2 Velimela..@base price Rs.6200
Try to search in manchirevula near Narsingi