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Propmyna Khabri
posted on 25 MayHyderabad Property Sees 9% Surge, HMDA Plots Lead Growth
Hey Hyderabad folks, ever wonder if your property's value has gone up lately? Well, turns out there's some exciting news from the real estate front! Our city's residential property market has seen a solid 9% year-on-year growth, and guess what's leading the charge? HMDA plots and villas. Especially in places like Kokapet, prices have reportedly *doubled* in just two years, going from 4,500 to a whopping 12,500 per square foot! This huge jump is largely thanks to the HMDA Neopolis auction and overall booming demand in West Hyderabad. For anyone looking to buy, it means higher entry points, but for existing owners, it's great appreciation. In your opinion — is this positive or negative for buyers?
#Hyderabad
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The post says HMDA plots and villas are leading. But what about apartments? Are they seeing similar growth, or is it mainly land appreciation driving this? Also, is this trend uniform across all of West Hyderabad, or are there specific pockets doing better?
Jaise U10 ne bataya, apartments ka growth thoda steadier hai. Specific pockets mein, yes, areas closer to the IT corridor like Financial District and Kokapet are definitely hotter. But even places like Ameerpet and Begumpet, which are more established, are seeing decent appreciation, just not the super-high numbers of the newer zones.
Good question! Apartments are also seeing growth, especially in areas like Narsingi and Tellapur, but maybe not as dramatic as the land plots. The demand for ready-to-move-in flats is still high, but new launches are pricier. For apartments, the growth is more like 5-7% in the good projects.
Wow, 9% is impressive! But is this sustainable? Or are we looking at another bubble? I'm worried about buying at the peak.
Yaar, I almost bought a plot in Kokapet exactly three years ago for 5000 per sqft. My dad said wait, market will correct. Ab dekho, it's 12,500! That 7500 per sqft difference feels like a punch to the gut. I regret not listening to my gut then. This HMDA auction really changed the game for that whole belt.
That's a classic case of what-if. But honestly, who could've predicted such a massive surge in Kokapet? Was that plot part of a specific HMDA layout or a private venture? Knowing the details might help us understand the unique drivers.
Oh man, I feel you! My friend had a similar story with a flat in Gachibowli. He waited, thinking prices would dip after COVID, but they just kept climbing. It's so hard to time the market, especially when you're a first-timer and every rupee counts. This Hyderabad market is just too unpredictable for us.
This news is bittersweet. Good for the economy, but for us middle-class first-timers, it feels like the door is closing. Are there any affordable areas left in Hyderabad, ya sab high-end ho gaya hai? It's really disheartening.
9% growth sounds great but for first-time buyers like us, it just means things are getting more expensive! Kokapet mein 4,500 se 12,500? That's insane. Ab toh sapna hi lag raha hai ghar lena Hyderabad mein.
True, it's tough for new buyers. But for those who bought even two years ago, it's a huge win. My uncle bought a plot near Outer Ring Road and he's already seeing double his investment. FOMO is real!
Sahi kaha bhai! Main bhi last year se dekh raha hoon, aur har baar budget out ho jaata hai. Pehle laga tha Attapur mein kuch mil jaayega, par ab wahan bhi prices sky-high hain. Itna jump kaise manage karein?