100km from Hyd, 1 acre=42lakhs ($60k/acre)

[snoww]

18 minutes ago, hyperbole said:

only 30 lakhs varaku OK anukunta, aa taruvata IT risk unnadi, anudu ke chala mandi trying to buy whatever they could, my father offloaded some land and he has been on a hunt to buy something else for 4 months now and either he is not finding what he likes or what he likes is out of his range..also from the point he started out, the same property appreciated 20-25% in this 4 months. Also the competition is crazy, in couple of instances my dad would call me and I delayed by a day or two to decide and they were gone by the time we got back to the seller

yes. I was only taking about even deposits too raising in banks. 

There is huge demand for real estate. Everyone looking to invest in it. 

Unless government starts tracking the money details in real estate transactions demand wont decrease. 

[iddaritho]

i remember in 2007 , my friend sold his and his brother 20 acre land for 25 laks , so he can afford education in US  near yadagirigutta 

hope was my friend would earn money the land he sold is currently around 40 crores 

vedu hardly 5 c earn chesadu last 11 yrs lo 

papam his brother lost the land gor this guy education 

 

very unfortunate 

[Chola]

7 hours ago, Fire0007 said:

On way to our village Mothkur in Yadadri

In Dec 2018 a 10 acre land was quoted at 1.4cr (14lakhs/acre), now the same property costs 42lakhs/acre ($60k/acre)  4.2cr

Remember this is not even a roadside property, roadside is $100k/acre (70lakhs on average).

Where is the money coming from guys?

Not many people save more than $2-4k/month, even in a year you cant buy 1 acre

Over priced.

[futureofandhra]

1 hour ago, snoww said:

yes. I was only taking about even deposits too raising in banks. 

There is huge demand for real estate. Everyone looking to invest in it. 

Unless government starts tracking the money details in real estate transactions demand wont decrease. 

It won't happen man

Vallaki politicians links vundavachu

 

[r2d2]

100km ante chaala dooram kada.. still that expensive???

[RaaoSaab]

5 hours ago, iddaritho said:

i remember in 2007 , my friend sold his and his brother 20 acre land for 25 laks , so he can afford education in US  near yadagirigutta 

hope was my friend would earn money the land he sold is currently around 40 crores 

vedu hardly 5 c earn chesadu last 11 yrs lo 

papam his brother lost the land gor this guy education 

 

very unfortunate 

America saduvulaku aasthulu ammadam antha telivina pani kadu...loan a better