Lanco Hill's price. Is it realistic?

Yesterday while talking with a builder, we came to know that Lanco
Hill's effective price is Rs.5000/- per SFT (including amenities).
Price should be high as the construction cost is high. We have seen
they are breaking rocks to make the land plane. They should charge
that to buyers. They are here to do business.

We have seen Unitech, DLF are offering quality appt in a lesser price
in other cities. Why the price is high in Hyderabad?
It's because of the people. People agreed to pay more.

People have the power to crash the real estate market. Wait for few
more months. These days people are not showing much interest in buying
appt.
Experts say there will be huge price correction in real estate market
in few months time.

Don't trust the news paper that tell you to buy appt now because they
are there to promote builders and their projects. They don't think
about you.