Alkapuri Colony at Manikonda Hyderabad

Alkapuri Colony at Manikonda Hyderabad

Few days back the price was around Rs.15ooo/- per Sq yrd.

Now we can't say. It would be around 3 km from lanco hills. It looks like a village.

In 3 years it can be a city but if TDP comes or telegana issues come ups then ??

But Andhra people have money. they can build city in their village. They why don't they create IT city in Vizag? Why they have been slecting Hyderabad? Hyderabad has major water issue. Through out the year you find water tanker on the hyderabad roads.

What should be the price of an appt in a village? It can be 1200/- to 2000/- max. But in these areas people quote aprox 3000/- perSFT.

It's because builders and land owners. What can you do? Take a 40 lacs loan for 20 years and pay your entire salary for a 2BHK house.

Jago... You are the buyers, you have the power to change the market. Decide today that you will not approach to a builder alone. Build a group of 5 or 10 and then talk to builders.

Basic calculation:
Rs.1000/- per SFT is enough for a super deluxe flat. Add land price and builder's margin (10%). This would be your flat price. You are paying for land. So builder can't charge extra for parking. Amenities ? This is the only way builder have been making money. They show you nice pictures like your kids are playing. You and your wife in a swimming pool., etc. After showing the images they quote Rs1000/- extra for world class amenities.

You have common sense, apply that before you buy a flat. Last sentence, don't ever think that you will get a good return from your house at this moment.

Price is already high and we all are waiting for price correction. THAT MUST HAPPEN. AS SOON AS POSSIBLE. WE CAN'T PAY 3000/- pet SFT for a flat in a village.

If it's village now then quote today's price.