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Propmyna Khabri
BJP alleges 'Commission Raj' behind Hyderabad real estate slowdown
Hyderabad's real estate market is facing some serious questions right now. The Telangana BJP president, N. Ramchander Rao, has alleged that a 'Commission Raj' — involving increased percentages and builder harassment by the current government — is causing a significant slowdown. More alarmingly, he claims a new policy converting industrial lands to residential zones could be facilitating a large-scale real estate scam. For anyone eyeing property in Hyderabad, these allegations signal potential risks like project delays, inflated costs, or even issues with land legitimacy. It’s a moment to proceed with extreme caution. Buyers currently searching in Hyderabad, what are you observing or experiencing?
#Hyderabad#government-policy#fraud
Comments
Yaar, this news about 'Commission Raj' in Hyderabad is really unsettling. I was just about to finalize a plot in Kollur. Ab toh darr lag raha hai ki kahin phans na jaun. Builders already seem so opaque with pricing, and if there's political meddling, it just adds another layer of risk. Is it really that bad on the ground? I'm a first-time buyer and this is my life's savings.
Totally agree U1! Same feeling here. Hyderabad market pehle