Jump to content

Hyderabad Real estate


Recommended Posts

Posted
3 hours ago, Tomb__ayya said:

DB medhavulu, expert analysts lu . . meru keka ahee. . . brahmanandam+lol+.gif

 

+_(

 

Real Estate In Telangana To Be Bullish Post Covid-19

By IANS On April 20 , 2020 | UPDATED 18:03 IST
real-estate11587385922.jpg
 

Hyderabad: Real estate sector will become bullish and positive post Covid-19 and Hyderabad will remain the most favorite investment destination, real estate experts and consultants have forecast.

They believe that this phase is only a pause for growth and investment traffic is neither lost nor diverted.

They were speaking during a webinar conducted by The Federation of Telangana Chambers of Commerce and Industry (FTCCI) on 'Facing the global pandemic - The way forward for real estate'.

"The centre's 'Make in India' programme might get a boost from this difficult situation in the medium to long term, but short-term pains for developers are inevitable," said K. Bhasker Reddy, Vice President, FTCCI.

"Dropping prices in a scenario like this is hardly the answer. However, the government might launch measures to make it more lucrative for buyers to invest in property. It is also expected to support real estate, the second-largest employment generator in the country, by waiving off tax on unsold inventory," he added.

Srikanth Badiga, Chairman, Infrastructure, Real Estate and Smart Cities Committee, FTCCI, said the trade was planning to give representations to the government on various issues like timeline extension, property tax and stamp duty exemption for next one year.

R. Chalapathi Rao, President, Telangana Real Estate Developers' Association (TREDA) suggested that the government should give relief on property tax and stamp duty for the next 6 months.

"Government of India estimates the economic loss as 6 to 7 lakh crores. Out of this, real estate is 1 lakh crore. In this scenario, developers will not reduce the prices but offer some discounts to sell the properties," he said.

Rao also wanted liquidity improvement and last mile funding for developers. Time-line for completion of the projects should be extended for next one year.

P. Prem Kumar, National Vice President, National Real Estate Development Council (NAREDCO) suggested that market rates as per the registration department should be frozen for next two years. He also sought waiver of late filing fee, relaxing time line for all compliances till September for quarterly update and Real Estate Regulation and Development Act (RERA) Audit.

He said plan sanction fee and other related fee be collected from developers in installments and occupation certificate should be outsourced to architects or should be made self-certified.

Ganesh Subudhi, CFO, K. Raheja IT Park said that the Finance Minister should come with policy for Real Estate Investment Trust (REITS) funding. He believes that April will also not give relief to developers. "Last quarter the sales have declined but as a IT park developer we have good rentals due to the BPOs and call centres," he said.

R. Ramkumar, Vice Chairman, Indo- American Chamber of Commerce, AP & TS, strongly advocated that India open Foreign Direct Investment to revive real estate sector like china.

 

 

Real estate industry lo work sese vallu obviously peruguthundi ane kada septharu 

  • Replies 61
  • Created
  • Last Reply

Top Posters In This Topic

  • snoww

    13

  • Hydrockers

    9

  • Tomb__ayya

    8

  • AndhraneedSCS

    4

Posted
5 hours ago, AndhraneedSCS said:

I know some people contemplating a back-off after paying a 10% for an apartment in advance.

 

Reason: No more job security at this time to go-ahead

I know multiple such people. Local leaders tho settlement sepinchi advance back thechukundam ani planning. 

Posted
Just now, snoww said:

I know multiple such people. Local leaders tho settlement sepinchi advance back thechukundam ani planning. 

Meeru ante highly respected and settlements cheyyagalaru. Normal people ki avanni work out kavu ga 

Posted
5 hours ago, AndhraneedSCS said:

They are still deciding. But yes, if they backoff, 10% bokka.

 

 

Sale agreement sign chesi and loan kuda approve ayte bokka ani vina...It they didn't sign they should get it back

Posted
Just now, ring_master said:

Sale agreement sign chesi and loan kuda approve ayte bokka ani vina...It they didn't sign they should get it back

aa details naku teliyadu.  Not sure why they would give lakhs of money without any document. 

 

 

Posted
1 minute ago, AndhraneedSCS said:

Meeru ante highly respected and settlements cheyyagalaru. Normal people ki avanni work out kavu ga 

Blood , breed, highly respected anni lite. Aa area lo evadu most famous oo aa field lo vaadiki dabbulu ichi matter finish sepinchukovali

Posted
13 hours ago, snoww said:

Farm lands prices increased minimum 10 times in last few years through our TG. 

10 times may be 20 years ago prices nundi ayyiuntadi............... Prati gottam gaadu cheppukuntadu naa land inni crores value ani......... But no one will come forward and buy at those prices........... No large scale transaction will  happen at those prices quoted.

Most of land owners don't even have good proper documentation...... Many of the lands outside ORR are in litigation with farmers and politicians.

2008 lone they peaked to heights and crashed 50% during that recession........... Malla pre-recession peak levels ki vachinayi............ No one has gained more than 3 times their investment since 2010.

My dad and my babai together have over 3 acres land Tellapur and 2 acres in Shamshabad(less than 5 KM from Airport)...........  They bought way back in late 90's and early 2000's when I'm in my 10th class...... Almost 20 years ayyindi. They fought for almost 5-6 years in court with farmers and politicians to get the right title.

Even with good documents......... oka 6 months if you don't visit or check your land......... it will be occupied by mfcking politician or mafia. Indian real estate in cities is ruled by politicians and Mafia........ Normal people will face torture maintaining these porperties.

Posted
36 minutes ago, Gaali_Gottam_Govinda said:

10 times may be 20 years ago prices nundi ayyiuntadi............... Prati gottam gaadu cheppukuntadu naa land inni crores value ani......... But no one will come forward and buy at those prices........... No large scale transaction will  happen at those prices quoted.

Most of land owners don't even have good proper documentation...... Many of the lands outside ORR are in litigation with farmers and politicians.

2008 lone they peaked to heights and crashed 50% during that recession........... Malla pre-recession peak levels ki vachinayi............ No one has gained more than 3 times their investment since 2010.

My dad and my babai together have over 3 acres land Tellapur and 2 acres in Shamshabad(less than 5 KM from Airport)...........  They bought way back in late 90's and early 2000's when I'm in my 10th class...... Almost 20 years ayyindi. They fought for almost 5-6 years in court with farmers and politicians to get the right title.

Even with good documents......... oka 6 months if you don't visit or check your land......... it will be occupied by mfcking politician or mafia. Indian real estate in cities is ruled by politicians and Mafia........ Normal people will face torture maintaining these porperties.

+99999

Posted
5 hours ago, neneno1 said:

Aparna Western Meadows is the venture..they are expensive not just for the brand..they are leaving enough land for a huge park, they are constructing a  huge club house with amenities, under ground power lines, drainage etc. These are really important for a hi-fi community.

If you go for open plots, it would like any other gandhi nagar or venkateswara colony

If you are looking for a rich locale, these amenities are needed

Club house is already built... if they construct that road which leads directly to the Financial District area, the prices will skyrocket in this Western Meadows. The best layout with all the facilities nearby Hyderabad. 

Posted
2 hours ago, Jobsforeveryone said:

Club house is already built... if they construct that road which leads directly to the Financial District area, the prices will skyrocket in this Western Meadows. The best layout with all the facilities nearby Hyderabad. 

you mean if government constructs the road ?

Posted
11 hours ago, Tomb__ayya said:

DB medhavulu, expert analysts lu . . meru keka ahee. . . brahmanandam+lol+.gif

 

nee pichi.. industry lo loss vastundi antey evvadaina sponsor chesi mari ilanti hype ley create chestadu.. personally, I don't think hyd will be affected.. chuttu vunna districts kooda hyd ani cheppukuni tirigey vallaki slight impact vuntadi.. brahmanandam+lol+.gif

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...