₹1.5-2 Cr Apartments Today… But Who Will Buy Them For ₹4-6 Cr Tomorrow?
Seeing a lot of apartments in Hyderabad being sold at ₹1.5-2 Cr today.
On top of that:
• ₹10k-20k monthly maintenance
• Property tax
• Registration costs
• Interiors
• Rental yields barely around 2-3% in many cases
Yet many people are buying these mainly as investments expecting the same flats to become ₹4-6 Cr by 2030-2035.
Genuine question:
Who is going to buy these apartments at those prices in the future?
Especially considering:
• IT sector growth may slow down
• High-paying jobs are becoming less secure
• Layoffs and AI impact are increasing
• Salaries may not grow at the same pace as real estate
• Liquidity for high-ticket apartments could become a major issue
Currently, a huge chunk of buyers seem to be:
• IT employees
• NRIs
• Political/business families
• Investors parking surplus money
But will the next generation of buyers be willing to risk ₹4-6 Cr on apartments with high maintenance and aging buildings?
Not trying to spread negativity, just genuinely curious about the long-term sustainability of current pricing.
Would like to hear different perspectives from investors, homeowners, and people actively tracking Hyderabad real estate.