Realty bubble: Hyderabad has one lakh unsold housing inventory

[JackSeal]

For the past one and a half years, a large number of flats have been lying vacant owing to high prices along with the increase in bank loan interest rates. 
https://www.newindianexpress.com/states/telangana/2023/aug/15/realty-bubblehyderabad-has-onelakhunsold-housing-inventory-2605394.html

[MiryalgudaMaruthiRao]

janalu egabadi kontunnr anta

[halwa_fan]

endi consequences mari.. wait cheyala to buy property 

[veerigadu]

Seems like NRIs stopped buying.
 

in my case, I realized it too late. My biggest regret so far. 

[argadorn]

1 minute ago, veerigadu said:

Seems like NRIs stopped buying.
 

in my case, I realized it too late. My biggest regret so far. 

It will never happen .. you might have realized after 8 years … e 8 years enko 200 k vachi untaru they will buy .. never ending process 

[halwa_fan]

2 minutes ago, veerigadu said:

Seems like NRIs stopped buying.
 

in my case, I realized it too late. My biggest regret so far. 

did you buy or not?

[veerigadu]

Just now, argadorn said:

It will never happen .. you might have realized after 8 years … e 8 years enko 200 k vachi untaru they will buy .. never ending process 

Vokay. All bakraaasss avvalsindheee antavvv

[veerigadu]

Just now, halwa_fan said:

did you buy or not?

Yes ba. Andukeee regret antunna. That money will never come back. 

[halwa_fan]

Just now, veerigadu said:

Yes ba. Andukeee regret antunna. That money will never come back. 

vokay.. 

[Galactus]

new bakra tejams will buy, don't worry, also, black money antha poyadi RE lone so prices will be artificially high and will keep going higher until next 2 decades atleast

ee lopala oka mega recession vastundi, kani appudu kone dhairyam evvariki vundadu

[Ryzen_renoir]

 

@futureofandhra  Mee jaggadu vasthey Hyderabad super annavu ippudu choosthey edho tedaga undhi enti ? Malli 2024 lo amaravathi venture start avuthundhi Ani Hyderabad buyers waiting aa ?

[Konebhar6]

18 minutes ago, argadorn said:

It will never happen .. you might have realized after 8 years … e 8 years enko 200 k vachi untaru they will buy .. never ending process 

Kotha porallu kastha smart unnar anna .. ikka invest chesetollu ekkuvayyaru ... housing, restaurants, grocery stores, stock markets, crypto .. India lo real estate tagginchesaru..

[basha786]

Just now, Konebhar6 said:

Kotha porallu kastha smart unnar anna .. ikka invest chesetollu ekkuvayyaru ... housing, restaurants, grocery stores, stock markets, crypto .. India lo real estate tagginchesaru..

real estate dose not give immediate returns and we are at the peak 

[Genuine11]

34 minutes ago, veerigadu said:

Seems like NRIs stopped buying.
 

in my case, I realized it too late. My biggest regret so far. 

I have been saying this to everyone in my circle since my career beginning but mostly no one listened. now everyone accepts that I guessed it correct. at least nenu chala minimal pampanu

kaani India nundi w hi te aithe wire transfer with no hassles thechukovachu like 100k each year I guess

[hyperbole]

Under construction also is listed as unsold inventory, it makes sense for Hyderabad to have so much inventory because the construction has picked up a lot post Covid. It is a flawed logic to see 1 lakh unsold inventory and expect price cuts but the prices are trending higher because there is a lot demand. Per year there are sales of 30-35 apartments/houses and which means even with 1 lakh houses unsold we are in a deficit (this inventory is projected to come to fruition in another 3-5 years)

All this inventory is in pipeline to be completed by 2026-2028. If there is lot of overhang and then it is a concern(i.e the time building remain for sale on the market since the time listed), but overhang has come down from 24 months to 16 months