Real estate in TG villages/small towns

[baku_keku]

Any Insights?

In villages of  Karimnagar dis

I haven observing, People are taking  out all the money from Banks, or from business and investing on lands (any land, farming land, plot etc).

 

it has become very tough to get a good deal and there are many buyers in market even in small villages, Money is being pumped and circulated at its peak nowdays...

 

Is it same all over TG  districts????

 

Why suddenly people are inclined in lands???? 

[snoww]

Demonetization 

Rythu bhandhu 

kaaleshwaram .

Fear of banks 

[Hydrockers]

1 1/2 kinda oka ekaram 14 ki ammaru ma vallu

Ippudu adhi 36 anta

[hyperbole]

Avtually hyd kanna % of growth districts lo ekkuva unnadi. Towns/district head quarters lo ayite hyd core city lo kuda levu aa rates 1-1.5 lakh/yard. 

[JohnSnow]

3 minutes ago, hyperbole said:

Avtually hyd kanna % of growth districts lo ekkuva unnadi. Towns/district head quarters lo ayite hyd core city lo kuda levu aa rates 1-1.5 lakh/yard. 

gajam 1.5 lakh endhi? 

[jefferson1]

7 hours ago, snoww said:

Demonetization 

Rythu bhandhu 

kaaleshwaram .

Fear of banks 

This 

people lost trust in banks and government

recession ki one of the reason 

[WigsandThighs]

7 hours ago, baku_keku said:

Any Insights?

In villages of  Karimnagar dis

I haven observing, People are taking  out all the money from Banks, or from business and investing on lands (any land, farming land, plot etc).

 

it has become very tough to get a good deal and there are many buyers in market even in small villages, Money is being pumped and circulated at its peak nowdays...

 

Is it same all over TG  districts????

 

Why suddenly people are inclined in lands???? 

Correst..kondham ante 10 competitors ready ga untunnaru cash chethila pattukoni 

[BostonBullodu]

7 hours ago, baku_keku said:

Any Insights?

In villages of  Karimnagar dis

I haven observing, People are taking  out all the money from Banks, or from business and investing on lands (any land, farming land, plot etc).

 

it has become very tough to get a good deal and there are many buyers in market even in small villages, Money is being pumped and circulated at its peak nowdays...

 

Is it same all over TG  districts????

 

Why suddenly people are inclined in lands???? 

idi eppat nundo undi in TG outside of Hyd and in Hyd too may be nee drushti dani meedaki poyindo ledaa nee circle lo ippudu chala mandi investing emo baaa

 

[Merabharathmahan]

Cash is king man always. Lands konte adi eppudu perugutado eppudu thaggutado evadiki teliyadu. Govt. Change ayina emina edo okati avutundi. Land ki safety ledu and nuvvu ammudam anna time ki konevadu evvadu radu nuvvu adigina rate ki. illu kattinchukunta ante konukko otherwise open lands lo paisalanni pettadam waste and black ayipotay. 

[Deadp0ol2]

Why demand only for TG bhoomulu? why not for Andhra lands?

[galiraju]

[snoww]

27 minutes ago, Deadp0ol2 said:

Why demand only for TG bhoomulu? why not for Andhra lands?

Kaaleshwaram water coming Ani hype in TG

 

[NenuEvaru]

Money ekkuva ayayi janala degara, they dont have option to invest anywhere 

 

1. Apartments - highrise buildings vachey varaku, there is lot inventory and demand decreased, paisal unna valu rents ivadanikey tesukunaru - but epudu loans ekkuva vasthunayi ani chala mandi apts kontunaru - so ppl are not buying secondary or multiple apts

2. Commerical - manchi area lo manchi sqyards, shapre tho land dorakadam kashtam ayindi, and commerical rents are directly proportional to amount of business done - business thakkuva vuntey rents time ki ivaru

3. Gold - blocked asset, oka family ki 1 kg vuntey, dani kana velaru, it has been rising for last 6 months, but it was mum for last 10 years

4. Stocks & MFs - epudu paduthundo enduku paduthundo - epudu leysthundo - evadiki ardham kavadam ledu, with all insider trading and senstive global markets

5 - FDs - interest is at 7%, but inflation is at 3% - so technically only 4% growth, more over Govt and IT direct eyes vuntayi dani meeda - so ppl dont go beyond 1 cr

6. Lands - there will be huge surge in food demand going forward due to middle class rising, less farmers on ground, better export options, India having better tropical climate compared to Europe. Other thing is less registration value, so motham black money andulo toyavachu - lekalau easy ga adagaleru, then no property tax, free current, free water, em pandinchina no taxes, farm house laga vuntnudi future generations ki, land satisfaction vuntnudi, more over land is limited so 10 years tarvatha manchi land dorakadam kashtam etc etc etc

[hyperbole]

1 hour ago, Deadp0ol2 said:

Why demand only for TG bhoomulu? why not for Andhra lands?

 

39 minutes ago, snoww said:

Kaaleshwaram water coming Ani hype in TG

 

That’s not the primary reason..off all these years the land rates in TG were dirt cheap because lack of irrigation and secondly infrastructure was severely lacking and also because of socio political issues like naxalism etc and availability of cash among locals , even for places as close bhongiri was selling for 3-5lack/acre in my village during 2005-2013, now literally the same lands are going any where between 50-1cr depending on far are near they are from the main road.

here are my reasons:

1) basically jump in the infrastructure(village to mandal roads are double roads now, mandal to dist are being made 4 lane roads), power and drinking water issues resolved. 

2) village level commerce improved multi fold. People have money in their hands now from higher employee wages, improved real estate activity, higher farm wages, improved activity in allied farm sectors like dairy, sheep and poultry and primarily Government is also pumping a lot of money in the form of welfare schemes (50k crores/year) and hence economy is stimulated and in the end some of this cash stops in few peoples hands like shop owners, doctors, fertilizer dealers, merchants etc and those are the people who are reinvesting in to lands than depositing  in to their bank accounts(thanks to demonetization)

3) Hyd grew multi fold(literally like 3-4 times in the past decade), the people who sold lands for hefty prices around Hyd are reinvesting again in lands that located further away than putting in the banks.

4) Good and stable governance, decentralization like split into 30+ districts, power, irrigation projects, improved connectivity in general are other factors contributing to the prices. Personally we have had investors from other states like KA, MH who are working hyd IT sector had evinced interest  to buy couple of acres from us to build farm houses. Fear of naxalism almost disappeared now because of strong law and order situation  in the state

 

[Merabharathmahan]

25 minutes ago, NenuEvaru said:

Money ekkuva ayayi janala degara, they dont have option to invest anywhere 

 

1. Apartments - highrise buildings vachey varaku, there is lot inventory and demand decreased, paisal unna valu rents ivadanikey tesukunaru - but epudu loans ekkuva vasthunayi ani chala mandi apts kontunaru - so ppl are not buying secondary or multiple apts

2. Commerical - manchi area lo manchi sqyards, shapre tho land dorakadam kashtam ayindi, and commerical rents are directly proportional to amount of business done - business thakkuva vuntey rents time ki ivaru

3. Gold - blocked asset, oka family ki 1 kg vuntey, dani kana velaru, it has been rising for last 6 months, but it was mum for last 10 years

4. Stocks & MFs - epudu paduthundo enduku paduthundo - epudu leysthundo - evadiki ardham kavadam ledu, with all insider trading and senstive global markets

5 - FDs - interest is at 7%, but inflation is at 3% - so technically only 4% growth, more over Govt and IT direct eyes vuntayi dani meeda - so ppl dont go beyond 1 cr

6. Lands - there will be huge surge in food demand going forward due to middle class rising, less farmers on ground, better export options, India having better tropical climate compared to Europe. Other thing is less registration value, so motham black money andulo toyavachu - lekalau easy ga adagaleru, then no property tax, free current, free water, em pandinchina no taxes, farm house laga vuntnudi future generations ki, land satisfaction vuntnudi, more over land is limited so 10 years tarvatha manchi land dorakadam kashtam etc etc etc

Inflation 3% unda india lo Lol.... govt cheppedi based on govt rate of lands, apartments. Bayata entha ku ammutunnaru cheppu apartments, lands?? Govt rate kante double or triple price ki ammutunnaru. Now calculate actual inflation % based on real rate of real estate.  FD rates cut down to 6.5% and 10% TDS pothe 5.8% matrame vachedi. Asalu india lo biggest issue is real estate rates. First govt. real estate rates ni very strict cheste kani economy fix avvadu