massetti naresh
Q: Hi sir, I am 27year old. Planning to buy a flat in Madinaguda surrounded with good societys. What about future of hyderabad real estate and Madinaguda chandanagar area value. What would to suggest, to hold or buy. Its not an investment purpose its for me to stay. But i would like to hold if values comes down
My comments to replies
Hi Massetti, Considering the historic trend we can expect steady increase from current price level and the year 2014 should end with around 10% increase, with respect to 2013. The prices of land and plots also will appreciate during the year. Once the Telangana state presents its budget, everyone in Telangana including Hyderabad will forget about Andhra, that being a different state! The prices of real estate in Hyderabad will zoom up to match with those in Bangalore & Chennai. The dream period of low prices of properties in Hyderabad is almost over. A new chapter will open soon, which will be bad for buyers, since they have to pay much more that they were used to.
Thanks...So you suggest to buy if i am getting around 2700+?
19th June 2014

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