Hyderabad real estate bubble

[Thantrik]

13 hours ago, Ryzen_renoir said:

Idk which planet you are on but the per-capita income of indians or even Telangana is not growing anywhere close to the real estate prices you quoted 

Real estate prices are driven by black money , bakra NRI's and artificial sentiment of buyers 

Prices in Hyderabad are close to big cities of USA with 1/10th of amenities 

Dude which era ur on what is black money for an IT employee, do you have any idea on the raise of IT exports, EXIM, Pharma f hyd? so you think everything in india just runs on black money, I challenge you now a days go to a bank or somewhere else and bring 25 lacs cash the only option is 500 & 100 notes, looks like ur still in 1980's mostly 80% of housing is on bank loans which is completely white, dude wake up India is becoming a manufacturing hub with high raise of standards just don't think India will be the same forever 

 

https://economictimes.indiatimes.com/news/economy/indicators/per-capita-income-seen-growing-nearly-70-to-usd-4000-by-fy30/articleshow/102249069.cms?from=mdr

[andhra_jp]

22 hours ago, veerigadu said:

Simple math as per todays scenario......This prediction is based on current situation. 

2cr/35k rent per month. Assuming its occupied every month....It takes 571 months for you to break even. 

This is close to 48 years. I did not even factor bank loan interest rates, HOA, repairs and taxes. 50 years life tharvathaaa you will cash profit. Appatikallaaaa a apt construction value intact unteee...

I know rent amount wont be same in future...blah blah...But rent kosam konadam anthaaa dhed dhimak inkoti ledhuuu...

Builder bad cows are biggest beneficiaries of this apartment concept...Buyer will endup with regrets eventually. They cant even claim a sq yard of land as their own....Its pathetic. 

correct yee kaani house appreciation kuda vuntundi kada bro so if its in prime area then u need to add that factor as well...

[andhra_jp]

Orri baboi according to this report hyderabad is most expensive and only next to mumbai considering EMI-to-income ratio...

 

Quote

 

Ahmedabad, Kolkata and Pune most affordable housing markets in India: Knight Frank report

Affordability Index indicates the proportion of income that a household requires to fund the EMI of a housing unit in a particular city

It said Ahmedabad had the most affordable residential properties with EMI (Equated Monthly Instalment)-to-Income Ratio standing at 23 percent
whereas Mumbai was the unaffordable home market among the top eight cities with an EMI-to-income ratio of 55 percent.

Pune and Kolkata having an EMI-to-income ratio of 26 percent each.

The EMI-to-income ratio for Bengaluru and Chennai stood at 28 per cent each, for National Capital Region (NCR) at 30 percent and for Hyderabad at 31 percent.

https://www.moneycontrol.com/news/business/real-estate/ahmedabad-kolkata-and-pune-most-affordable-housing-markets-in-india-knight-frank-report-11204391.html