With the increase in AI and layoffs around the world and uncertainty in the IT, I am sure a wise person in their 30s would not take a huge loan and purchase it. It is much easy to be rented and invested in other avenues until they reach 50s. I think the notion of purchasing a home at a prime age and become slave to the financial system in todays age is so dumb idea. Also to be honest, there is no premium/luxury factor in the high rise buildings if we see them practically, on brouchers/animated videos it feels like so.
Black money is equitably distributed across all class of population. Market is skewed, it should approach to normal distribution and correction is the process, which big builders are stalling since 2 years.
@@torchbearer6300 Individual decides where 2 liveor not. His budget will decide whether to own or rent a house. Reply with logic and dont insult others. The price of high rise apartment doesn't match the sum of UDS price, Constructiin cost, Amenities cost and builder profit of 5-10%. Any knowledgable buyer will ask these things before buying high rise. This is the major 2 lac high rise apartments are not sold and oversupply. Builders have time for 1 year to reduce the prices a d sell their excess inventory, when the economy downturns from Oct. 2025, then this unsold inventory will be sold in Auction by the banks post 2025 with 50% discount. We have example of China now and India is not far away.
There are certain phases/concepts in any sector like, All time high, consolidation, down trend, uptrend, Overvalued , undervalued, oversupply, High demand, low demand. I think at present Hyderabad RE is at a phase of Overvalued, Oversupply, All time high. So a wise decision would be is to not hurry in purchasing, as the next phase would be consolidation/downtrend, at this phase a good bargain can be beneficial to grab the deals
Salaries increase by 10%, inflation increase by 7%, property rates increase by 30%, how someone can afford anymore. Better to get a small job and do WFH from villages instead....Hyderabad is not livable anymore for a person who even early 100k per month.
I am a follower of manchi margam chanel , as per him , Kokapet would be ghost town of India, I agree to some extent , How many can afford to buy apartment in neopolis , and how many are available , many premium builders like myhome, prestige are constructing lot of flats at higher cost , I expect occupency rate would be 10 out of 100. Maintainence cost for rest of 90 flats will fall on 10 residents.
Just keeping base price aside After this builder is charging Floor rise Aminities Corner Area premium for some community’s Car parking Roughy 1000rs/aft they are charging more After this again gst + registration + interiors For 3bhk nearly 50lakhs more we need to spend I have seen people struggling and compromising on interiors after spending 1.5cr on flat.
If one has to buy affordable flats.Then buy and rent them. And see if you job nearby high cost residential areas ( as explained in the video) then stay as a tenant and enjoy the amenities as long as you are on the job. 😊 Just a common suggestion 😊
Unless you are rich and you dont depend on salary it is safe. Else it could be the dumbest decision of your life if you are working in IT and trying to buy a flat over 1 CR
All are inflated prices shown on websites ....u should always see the UDS of the land and approximate per sft construction and later add money depending on amenities ...every flat has government value ..that is the original cost...negotiate near to the that....it is risky real estate at this price ...not riskless 🙃
It's a waste of money buying a flat in the West part of the city. All including comes to 15000 per sft. 9000 minimum is just base price . In Mumbai builders' quote based on carpet here, it's a super built-up area. Hyderabad is overhyped, and the prices will definitely fall by 30/40%
High rise structure lasts only 30yrs then what is the use of paying 2cr, instead buy any land 1acre and any land with 60k with 120squards , simlex house construction max 30lacs. Land is permanent asset but flat has structural life value ...inquire known relative civil engineer structural consultant for more details
How hyderbad became is if you are not living in gtaed high rised apartment .his life is waste and they cretaed a mind set atleast we need to spend 1.5 cr then only we can get a small place on this world ....waste of money
Plz break up thee claculation properly, dont add the sq. Feet price for their calculatiin quiter by builders. UDS price based on market value, construction cost, Amenities cost, builder profit, that will give true price and 5% above or below calculated price.
Miyapur , kkpb is not equal to nizampet or bachupally. There is sky earth difference... Both are on opposite sides to connect to hi tec. If Can we get 6.5 in kkp or miyapur kindly msg. Nothing is less than 9k eg candeur, veryex viraat
@@saikrishnavits sir, we have very good project with highest construction quality PRATHISTHA SAARANG IN Ameenpur ,we have mini function hall,good water resource evey amenities with 4500 per sqft it is with in the GHMC limits and near to chandanagar bhel don't want to go up to patancheru
Prices will fall more then 50% in Hyd people working in Hyd don’t have any rule work only from Hyd, they will move to better places/ cities, that offers value for money.
With the increase in AI and layoffs around the world and uncertainty in the IT, I am sure a wise person in their 30s would not take a huge loan and purchase it. It is much easy to be rented and invested in other avenues until they reach 50s. I think the notion of purchasing a home at a prime age and become slave to the financial system in todays age is so dumb idea. Also to be honest, there is no premium/luxury factor in the high rise buildings if we see them practically, on brouchers/animated videos it feels like so.
Why do you take rental houses for granted?? Look at Bangalore. Once rental crisis arises people start blaming govt ask the rents to be fixed
@@hemanthaugust7217 All problems one solution ask govt or blame govt 🙏🙏
Rents are shooting up very fast. Renting is no longer an inexpensive, peace of mind option.
High rise buildings are concrete slums.
People had taken High rises for posh , luxury and high class lives. Concrete slums 😂😂😂
Even developed countries don't have this kind of pricing. With the infrastructure we have in India its not worth buying in Hyderabad.
Developed countries also dont have as much black money as is present in hyderabad real estate
Black money is equitably distributed across all class of population. Market is skewed, it should approach to normal distribution and correction is the process, which big builders are stalling since 2 years.
It’s lot of population and demand causing high prices
Have you see the Rent, its beyond 50k in average Gated community in Hyderabad. Specially in Gachibowli and other western part of Hyderabad
@@torchbearer6300 Individual decides where 2 liveor not. His budget will decide whether to own or rent a house. Reply with logic and dont insult others. The price of high rise apartment doesn't match the sum of UDS price, Constructiin cost, Amenities cost and builder profit of 5-10%. Any knowledgable buyer will ask these things before buying high rise. This is the major 2 lac high rise apartments are not sold and oversupply. Builders have time for 1 year to reduce the prices a d sell their excess inventory, when the economy downturns from Oct. 2025, then this unsold inventory will be sold in Auction by the banks post 2025 with 50% discount. We have example of China now and India is not far away.
There are certain phases/concepts in any sector like, All time high, consolidation, down trend, uptrend, Overvalued , undervalued, oversupply, High demand, low demand.
I think at present Hyderabad RE is at a phase of Overvalued, Oversupply, All time high.
So a wise decision would be is to not hurry in purchasing, as the next phase would be consolidation/downtrend, at this phase a good bargain can be beneficial to grab the deals
Salaries increase by 10%, inflation increase by 7%, property rates increase by 30%, how someone can afford anymore. Better to get a small job and do WFH from villages instead....Hyderabad is not livable anymore for a person who even early 100k per month.
In delhi NCR with 100rs we can reach airport from anywhere...but in hyderabad 1000rs for cab...no metro connectivity and no roads.
Commuting from one place to other in city is more expensive
Hyderabad is a unique area that's why everything is expensive
I am a follower of manchi margam chanel , as per him , Kokapet would be ghost town of India, I agree to some extent , How many can afford to buy apartment in neopolis , and how many are available , many premium builders like myhome, prestige are constructing lot of flats at higher cost , I expect occupency rate would be 10 out of 100. Maintainence cost for rest of 90 flats will fall on 10 residents.
Manchimargan is alunatic
Just keeping base price aside
After this builder is charging
Floor rise
Aminities
Corner
Area premium for some community’s
Car parking
Roughy 1000rs/aft they are charging more
After this again gst + registration + interiors
For 3bhk nearly 50lakhs more we need to spend
I have seen people struggling and compromising on interiors after spending 1.5cr on flat.
If one has to buy affordable flats.Then buy and rent them. And see if you job nearby high cost residential areas ( as explained in the video) then stay as a tenant and enjoy the amenities as long as you are on the job. 😊 Just a common suggestion 😊
Unless you are rich and you dont depend on salary it is safe. Else it could be the dumbest decision of your life if you are working in IT and trying to buy a flat over 1 CR
True, i believe you should buy based on how much u can comfortably afford, instead of buying just because a colleague or a family member is buying
Buchpally,miyapur nizampet,pragati nagar huge traffic and narrow roads😢
True
Too much pollution also in those areas due to Nearby IDA
You rocks Saurabh, we support you. You should have covered Osman Nagar projects also, a part of Tellapur
You need to add GST to the equation ..which is addtional 5% on the base price
All are inflated prices shown on websites ....u should always see the UDS of the land and approximate per sft construction and later add money depending on amenities ...every flat has
government value ..that is the original cost...negotiate near to the that....it is risky real estate at this price ...not riskless 🙃
Rightly said.
Well Explained & Highlight is Shock of life time is wen it people start searching fr teir Dreamhouse .😅
It's a waste of money buying a flat in the West part of the city. All including comes to 15000 per sft. 9000 minimum is just base price . In Mumbai builders' quote based on carpet here, it's a super built-up area. Hyderabad is overhyped, and the prices will definitely fall by 30/40%
Real estate grows mostly on NRI investments, as US interest rates are higher now it will slow down for few years
2lakhs apartments are unsold in hyderabad as per report
2lakhs are legal units, What about illegal units 😂
Could you please cover areas like manikonda, puppalaguda, narsinghi?
Never Hyderabad will go down in real estate, downtrend not happen. Its rich city.
High rise structure lasts only 30yrs then what is the use of paying 2cr, instead buy any land 1acre and any land with 60k with 120squards , simlex house construction max 30lacs.
Land is permanent asset but flat has structural life value ...inquire known relative civil engineer structural consultant for more details
Is Manikonda and Kismatpur not in the reach of Middle class?
Very realistic video
Thanks Sandeep
Is it ok to invest at Kokapet? Ramky one astra at 9.3k per sft?
Good analysis. Appreciate your efforts bro..
How hyderbad became is if you are not living in gtaed high rised apartment .his life is waste and they cretaed a mind set atleast we need to spend 1.5 cr then only we can get a small place on this world ....waste of money
There is a lot of difference in price x amount per sft with handover in 2024 vs handover 2027 ppl never realise that.😆😆😆
That's true
What would be avg price in narsingi for 3 bhk
6500 to 7000 square feet
Why standalone apartments are not considered ?
No filter of gated community is put in the search bar, all the displayed apartment projects are considered for the analysis.
Plz break up thee claculation properly, dont add the sq. Feet price for their calculatiin quiter by builders. UDS price based on market value, construction cost, Amenities cost, builder profit, that will give true price and 5% above or below calculated price.
Even GST 5%
Persft price in bangalore itpl road is much less
Tellapur base price is now at least 7.5 ( occupancy after 2 years on avg )
that is official date but in reality the occupancy will be 3 to 4 years atleast
Nice topic
Whats your opinion about prosperiti homes EKAM project near Exit 2 Velimela..@base price Rs.6200
Try to search in manchirevula near Narsingi
Leaders made it un sffordable.
i cant affort, waste all NRI are dumping here without any 2nd though, I rather buy in Andhra now.
someone said ..never buy a flat ever which is not READY TO MOVE IN 🤔.
Miyapur , kkpb is not equal to nizampet or bachupally. There is sky earth difference... Both are on opposite sides to connect to hi tec.
If Can we get 6.5 in kkp or miyapur kindly msg. Nothing is less than 9k eg candeur, veryex viraat
cost more than mumbai
Beeramguda, Patancheru?
Please follow the same method shown in housing website and u can checkit andi
@@risklessrealestate Sure andi. But just thinking if it’s right investment there.
@@saikrishnavits sir, we have very good project with highest construction quality PRATHISTHA SAARANG IN Ameenpur ,we have mini function hall,good water resource evey amenities with 4500 per sqft it is with in the GHMC limits and near to chandanagar bhel don't want to go up to patancheru
Will these per sqft price decrease after AP elections results if TDP come into power?
I don't think people who are working and living in Hyderabad would go and buy an apartment in Andhra just because of a change in Government.
Prices will fall more then 50% in Hyd people working in Hyd don’t have any rule work only from Hyd, they will move to better places/ cities, that offers value for money.
@@Mjks5641 so u mean in Gachibowli Kokapet we can expect apartments in gated community at 5000Rs per sq feet if TDP wins?
@@risklessrealestateyes, Gachibowli will come down to 1CR or below in gated , not 2 CR as u said.
@@Mjks5641 nice andi hope it happens, I am waiting to book a flat in My Home at 5k as per your information