Sunday, November 26, 2006

The Coming Bust in the Hyderabad Real Estate Bubble

The Land prices have gone up several times across Hyderabad city. In many places, they have gone up ten folds in a matter of months. Hyderabad city seems to be the happening place with special zones created for semiconductors, garments, offshore IT and BPO, biotech and anything else that you can think of.

Apartment prices are going through the roof. You cannot get a new apartment for anything less than 60 lakhs - the average size of a two bedroom apartment which was 750 sft about 10 years ago has now become 1500 sft.

To read the full blog posting click this link - The Coming Bust in the Hyderabad Real Estate Bubble