Same happening in Navi Mumbai
how is real estate doing in your city?
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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.
papa_kancha wrote:Bengaluru landowners are minting money day and nightReal 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.
sushil.paradise196 wrote:Same happening in Navi Mumbai
You working at Paradise Group?
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
aam_aadmi wrote: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?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
papa_kancha wrote: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.
Problem is precovid per ton steel was 40-45k now it is 75 K (had gone all the way upto 95k few months back). Lot of construction material prices have shot up (doubled too). Construction of affordable housing is coming down. Everyone constructing newly is going for bigger ticket size. So rates are going up and up.
rsai01 wrote:True - raw material price doubled for many after covidProblem is precovid per ton steel was 40-45k now it is 75 K (had gone all the way upto 95k few months back). Lot of construction material prices have shot up (doubled too). Construction of affordable housing is coming down. Everyone constructing newly is going for bigger ticket size. So rates are going up and up.
aam_aadmi wrote: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
Hyderabad was already overpriced in last 2 years..now they want to clear their inventory before elections next year..even now you cant get a good apartment below 1.5 cr in prime areas like gachibowli or financial district
@aam_aadmi where In hyd 3BHK costing 60L in prime area...I was searching for house..finding difficulty between 60-65
how about mumbai are prices up for resale and new constructions
desiman wrote:how about mumbai are prices up for resale and new constructions
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.
rr134181534 wrote:@aam_aadmi where In hyd 3BHK costing 60L in prime area...I was searching for house..finding difficulty between 60-65
West Marredpalli, Kavadiguda, Padmarao nagar
agada wrote: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.
Are outright transactions happening for older buildings in mumbai how much do the buyers bargain while purchasing flat
surya.psm260 wrote:Hyderabad was already overpriced in last 2 years..now they want to clear their inventory before elections next year..even now you cant get a good apartment below 1.5 cr in prime areas like gachibowli or financial district
1.5 Cr priced apartments are super luxury types, inclusive of full interior decorative finishing, huge open landscaped area, swimming pool, club etc For that level, prices are same anywhere in the country. Since most new industry is coming up in outskirts, prices in such satellite townships may be higher than in the main city
rsai01 wrote:Bro. Please check DM whenever convenientProblem is precovid per ton steel was 40-45k now it is 75 K (had gone all the way upto 95k few months back). Lot of construction material prices have shot up (doubled too). Construction of affordable housing is coming down. Everyone constructing newly is going for bigger ticket size. So rates are going up and up.
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 .
masumshah59838 wrote:You working at Paradise Group?
No
Loaferg wrote:the prices of those redeveloped flats are also high + high monthly maintenanceMumbai 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 .
desiman wrote:Increased Maintenance charges is going to be there due to taxes , security , lifts , etc . Minimum Rs 5000 per month in any redevelopment society is there . Big tower maintenance charges near my house is Rs 10000+ .
the prices of those redeveloped flats are also high + high monthly maintenance

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
Problem is precovid per ton steel was 40-45k now it is 75 K (had gone all the way upto 95k few months back). Lot of construction material prices have shot up (doubled too). Construction of affordable housing is coming down. Everyone constructing newly is going for bigger ticket size. So rates are going up and up.