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Propmyna Khabri
posted on 12 MayTelangana to auction two prime Knowledge City land parcels
Ever worry if Hyderabad's property market will ever catch a breather? The Telangana government is about to e-auction two prime land parcels in Knowledge City, Raidurg, expecting a whopping Rs 1,800-2,000 crore. This move in an already booming IT hub signals strong institutional confidence and high valuations. What do you all think this means for property prices in the surrounding areas? Will this push them even higher?
#Hyderabad
Comments
Dekho, from a government revenue perspective, it's a good move. It shows strong economic activity and investor confidence, which is positive for the state. But for the common man, it's a double-edged sword. It puts immense pressure on property values. Sustainability ka kya hoga? Will this growth continue indefinitely, or is there a saturation point?
You mentioned sustainability. Do you think this growth is actually sustainable in the long run, ya bubble ban raha hai? Yehi darr lagta hai.
My heart just sank reading this. Last year, I almost finalized a 2BHK in Kokapet, but then my loan got delayed. Ab toh woh property mere budget se bahar ho gayi hai. It feels like every time we save a little, the market just leaps ahead. Is there ever a good time to buy, ya aise hi chalta rahega? It's so frustrating for first-time buyers.
Same here! Lagta hai market humari salary se tez bhaag raha hai, pakadna mushkil ho gaya hai.
Totally relate with your frustration. I had a similar experience with a flat near Ameerpet. Missed out by a whisker, and now the same configuration is like 15-20% higher. It's truly disheartening for us first-timers.
Sahi baat hai, affordability is a huge concern. I was looking at some plots near Attapur, thinking woh thoda affordable range mein aa jayega for investment. But this news makes me wonder. Has anyone seen any immediate impact on prices in areas like Kondapur or Gachibowli after this auction announcement? Builders toh wait nahi karte price hike karne ke liye, right?
To answer your question, direct impact on ready properties might take a little time to reflect, but the sentiment is already there. Developers who own land parcels nearby will definitely revise their rates upwards. I've heard some projects around Begumpet and Banjara Hills are already quoting higher, citing 'market conditions'. It's a chain reaction, unfortunately.
Yes, you're right, builders don't wait. Kuch brokers already bol rahe hain ki sentiment positive ho gaya hai, aur prices will definitely go up. Gachibowli, Kondapur mein already high hai, ab aur badhenge. Hum jaise log toh bas hope kar rahe hain ki stable ho jaaye.
Totally agree with your point. Hum toh kab se dekh rahe hain, kuch samajh hi nahi aa raha. Every time we think of finalizing something, a new development like this pushes prices further out of reach. Budget pura hil jaata hai har baar.
Yaar, ye news toh sunke aur tension ho gayi. Knowledge City mein already prices sky-high hain, aur ab yeh government auction? Matlab hum jaise first-time buyers ka toh sapna hi reh jayega ghar lena Hyderabad mein. Lagta hai ab aur bhi upar jayenge rates, kya bolte ho sab?
Exactly! Builders will just use this as an excuse to hike prices even more. They know the demand is high in IT corridors. Hum middle-class log toh bas dekhte reh jayenge, apna budget toh abhi se hil gaya hai.
Haan bhai, same feeling. Alwal mein bhi rates badh gaye hain, pata nahi kab rukega yeh price hike.