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Villas for sale in Hyderabad?


Gowtham
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I’ve done good research at my level during my stay in Hyderabad until March.. After that I have moved to Mumbai now. 
EIPL, Saark, Aparna, etc many such realty giants have flooded around Mokila.. 

 

Most of them have a starting price of 1.5cr to 4 Cr per Villa.. Then price on land was ranging between 35000 to 38000 per sq yard.. 

 

Please correct me if I’m wrong and if there are any changes in the prices due to Covid.

 

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With this Pandemic .. the expected price for Villas by the sellers has gone up by 20%. The expected price of gated branded apartments has not changed. The price of small communities / smaller apartments has gone down by 40%..

There are tonnes of villas around Tellapur/Mokila .. Mokila the bigger ones quote around 3.5Cr plus and the around Tellapur it is currently around 2.5Cr plus.

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Just now, sagar said:

Reason behind this?
The world is expecting a depreciation because of the pandemic I suppose.. :o

Well i can give you the answer my wife gave :) .. We kind of booked a flat around an year ago in a high rise in Nallagandla which is still under construction ..Now my wife is thinking about the thought of staying in a community with thousands of families and people and using the same amenities which will be used by others. She wanted to sell that and think of getting into a Villa which would be kind of secluded with just double digit families :) .. and this thought process is passing on as with WFH almost permanent with many companies .. they would want to go back to their towns/villages or they would want to stay in villas in a city (even if it is outskirts).

Apartments wont sell much at least in the next 2 years unless they pitch in an excellent way.. I am seeing this in my area and surrounding areas..

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2 minutes ago, Gowtham said:

There is a shift in trend, where I am currently living. 
People are moving to suburban areas. Most of the big MNC's are canceling their lease term, some of them even paid extra fine to exit office space.
Trend will progress into Hyderabad as well. 

In fact I am contemplating to sell of that high rise upon completion (may get around 6% ROI)  and move into a villa on rent..

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6 minutes ago, Gowtham said:

Trend will progress into Hyderabad as well. 

5 years from now will still be a doubt to see this change In places like Hyderabad with the price hikes going on..

The prices of these villas anywhere in the close proximity of the city are in now price to reach out for.

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39 minutes ago, ksa171983 said:

move into a villa on rent..


Not everyone can afford a villa. But we may see trend shift for sure. 
There wont be any impact on big builders they sell based on trust and brand value. 
Small time builders will suffer a lot. 

Lets continue discussion over here.
https://www.trifod.com/index.php?/topic/1393-covid-impact-on-housing-trend-shift/

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