You're right to question it, because 53% sounds unreal at first glance. But look closely, and you'll find that this jump is not just hype or black money, but a mix of genuine demand coupled with some big-ticket investor moves that make the averages look inflated.
Even after the surge, Hyderabad is still the most affordable among the top metros. Add to that the insane infra push - Neopolis, Kokapet, Tellapur, Metro Phase 2, SRDP, airport expansion - and you have pretty solid fundamentals. A lot of end-users are still buying because the job market here (especially in IT and BFSI) is stable compared to other cities.
Those ₹150–₹200 crore per acre land deals? They make headlines but don’t reflect the broader market. The mid-segment and gated community sales are still largely end-user driven.
That said, your point about froth is fair. Luxury plots and prelaunch flats do show speculative activity. If IT hiring stays flat or interest rates move up again, we could see a correction-not a crash, merely a reality check.
So, yeah… not “la-la land” yet, but definitely a phase where fundamentals and FOMO are dancing together. ????
