how is real estate doing in your city?

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Deal Cadet
vvvishal
I am in Delhi and following the prices in Gurgaon closely. The prices are going up extremely fast, and new launches are getting sold out even before any project details emerge.

How is the market in your city? Home loan interest rates impacting?

Prices rising?
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Spearhead Spearhead
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Same happening in Navi Mumbai 

The PostMighty The PostMighty
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You working at Paradise Group?

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Helpful Helpful
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Real estate in Bangalore is going crazy! Post covid demand has been crazy and people are ready to pay any price to even get a rental property. Land prices, and apartments have also increased and registrations have somehow increased even more than pre covid levels. Not sure how long this is going to last.

Deal Cadet Deal Cadet
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Bengaluru landowners are minting money day and night
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Benevolent Benevolent
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Nothing like that in Hyderabad. Rental for two bedroom flats below 20,000 in the best localities in the heart of the city. Last week witnessed a sale deed of a 3 bedroom for Rs. 60 lakhs in City prime area

Generous Generous
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Someone from hyd was telling in a telegram group that even before the start of project 6-7k rs/sqft properties are being sold out (not so prime but good upcoming areas). The builders are not even ready to speak and their sales person say "take it or leave it". Hype?
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Wingman Wingman
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@aam_aadmi  where In hyd 3BHK costing 60L in prime area...I was searching for house..finding difficulty between 60-65

Benevolent Benevolent
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West Marredpalli, Kavadiguda, Padmarao nagar

Deal Major Deal Major
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how about mumbai are prices up for resale and new constructions

Deal Cadet Deal Cadet
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Not really up in Mumbai suburbs. But yes it has come back to pre COVID levels. It had softened during COVID.

Pre COVID already the rates were high, so not much increased after that. Also because lot of redevelopment projects are going on. It seems builders are getting quick approvals compared to earlier times.

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Deal Cadet Deal Cadet
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Wow, so same sort of an experience for everyone across the country.... How do you guys feel that interest rates will impact? Do you think a crash will come? Or prices will stop increasing? Or just keep increasing?
Deal Captain Deal Captain
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Mumbai  property  prices  are already high and increasing .

Lots of redevelopment  projects  of old buildings  going on. Flat sizes  are very very small in new buildings  now.  Construction  quality special  of redevelopment  building  is poor quality  .

Deal Major Deal Major
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the prices of those redeveloped flats are also high + high monthly maintenance
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