kepler37b Posted June 18, 2022 Share Posted June 18, 2022 I just went on house hunting, on repeated insistence from my family. Our parents are stuck in a time warp and still think that possessing a house is still a matter of family izzat. But man the real estate is astronomical. A suspended and congested matchbox in the sky is 75L(Apartment) in hyderabad at least. An Independent is 1.5Cr+ (for 200 sq yards+). Why the f**k is this so costly? How was your experience house hunting in India? Link to comment Share on other sites More sharing options...
coffee_rules Posted June 18, 2022 Share Posted June 18, 2022 Bloody NRIs, IT boom, MNCs and liberalization Link to comment Share on other sites More sharing options...
kepler37b Posted June 18, 2022 Author Share Posted June 18, 2022 And the local level corruption Indian real estate is like drug trade in Mexico. Every govt office at every level asks for the cut The most stupid thing is that, most of salaried middle class knows this and still busy properties. Clarke 1 Link to comment Share on other sites More sharing options...
nevada Posted June 18, 2022 Share Posted June 18, 2022 2 hours ago, kepler37b said: I just went on house hunting, on repeated insistence from my family. Our parents are stuck in a time warp and still think that possessing a house is still a matter of family izzat. But man the real estate is astronomical. A suspended and congested matchbox in the sky is 75L(Apartment) in hyderabad at least. An Independent is 1.5Cr+ (for 200 sq yards+). Why the f**k is this so costly? How was your experience house hunting in India? Where did you look? 1.25-1.5 cr is starter price for a 3 br apt in a gated community within 15-20 min commute of Gachi Bowli. Independent homes with similar criterion cost 5-7 crores easily. Link to comment Share on other sites More sharing options...
Trichromatic Posted June 18, 2022 Share Posted June 18, 2022 2 hours ago, kepler37b said: I just went on house hunting, on repeated insistence from my family. Our parents are stuck in a time warp and still think that possessing a house is still a matter of family izzat. But man the real estate is astronomical. A suspended and congested matchbox in the sky is 75L(Apartment) in hyderabad at least. An Independent is 1.5Cr+ (for 200 sq yards+). Why the f**k is this so costly? How was your experience house hunting in India? Which areas are you exploring in Hyderabad? Other cities are more expensive than this. Link to comment Share on other sites More sharing options...
kepler37b Posted June 18, 2022 Author Share Posted June 18, 2022 I am looking at outskirts of the city.Even there the costs are crazy... Link to comment Share on other sites More sharing options...
Trichromatic Posted June 18, 2022 Share Posted June 18, 2022 1 minute ago, kepler37b said: I am looking at outskirts of the city.Even there the costs are crazy... I have started house hunting in Hyderabad. Villas seem to be 2+ and 3 BHK 1 cr+. Link to comment Share on other sites More sharing options...
ravishingravi Posted June 18, 2022 Share Posted June 18, 2022 Man. That's cheap. By Mumbai standards. Or should I say Mumbai suburbs ? Folks of south Mumbai @Mariyam benchmark to New York I believe. Clarke, Mariyam, nevada and 1 other 2 2 Link to comment Share on other sites More sharing options...
kepler37b Posted June 18, 2022 Author Share Posted June 18, 2022 58 minutes ago, Trichromatic said: I have started house hunting in Hyderabad. Villas seem to be 2+ and 3 BHK 1 cr+. Best of luck. For me: Buying a house in indian city = Voluntary slavery to our stupid and low-value IT industry. Again different people have different opinions. Vijy 1 Link to comment Share on other sites More sharing options...
kepler37b Posted June 18, 2022 Author Share Posted June 18, 2022 46 minutes ago, ravishingravi said: Man. That's cheap. By Mumbai standards. Or should I say Mumbai suburbs ? Folks of south Mumbai @Mariyam benchmark to New York I believe. That's the problem. Facilities in new york = 1 billion x Facilities in Mumbai. Clarke 1 Link to comment Share on other sites More sharing options...
EnterTheVoid Posted June 18, 2022 Share Posted June 18, 2022 (edited) Average house price in Sydney is 1.5 million dollars. Houses that are nothing special. Cost of living in general is a total rort. Kilo of tomatoes is $12. $17 parking/day. It was cheaper for me to go to Singapore for 4 days than it was for me to spend a weekend in Sydney. Going to Vietnam for 2 weeks soon. Want to escape these rip off prices. Edited June 18, 2022 by EnterTheVoid Stan AF and Vijy 1 1 Link to comment Share on other sites More sharing options...
Vijy Posted June 18, 2022 Share Posted June 18, 2022 5 minutes ago, EnterTheVoid said: Average house price in Sydney is 1.5 million dollars. Houses that are nothing special. Cost of living in general is a total rort. Kilo of tomatoes is $12. $17 parking/day. It was cheaper for me to go to Singapore for 4 days than it was for me to spend a weekend in Sydney. Going to Vietnam for 2 weeks soon. Want to escape these rip off prices. vietnam is lovely. make sure to avail yourself of the wonderful food they have; street food in particular is both cheap, good, and fairly hygienic. EnterTheVoid and Mariyam 2 Link to comment Share on other sites More sharing options...
Vijy Posted June 18, 2022 Share Posted June 18, 2022 1 hour ago, Trichromatic said: I have started house hunting in Hyderabad. Villas seem to be 2+ and 3 BHK 1 cr+. yep, Hyd prices are through the roof. my parents reside there. Link to comment Share on other sites More sharing options...
Trichromatic Posted June 18, 2022 Share Posted June 18, 2022 16 minutes ago, EnterTheVoid said: Average house price in Sydney is 1.5 million dollars. Houses that are nothing special. Cost of living in general is a total rort. Kilo of tomatoes is $12. $17 parking/day. It was cheaper for me to go to Singapore for 4 days than it was for me to spend a weekend in Sydney. Going to Vietnam for 2 weeks soon. Want to escape these rip off prices. When are you travelling? I will be in Vietnam in 2nd week of July. Link to comment Share on other sites More sharing options...
EnterTheVoid Posted June 18, 2022 Share Posted June 18, 2022 10 minutes ago, Vijy said: vietnam is lovely. make sure to avail yourself of the wonderful food they have; street food in particular is both cheap, good, and fairly hygienic. Thank you. Been there once before, going again soon. Went to Ho Chi Minh previously. Now going to Ho Chi Minh, Hue, Hanoi, Halong Bay, Hoi An, Danang, Tam Coc and Cu Chi tunnels. Just now, Trichromatic said: When are you travelling? I will be in Vietnam in 2nd week of July. July 22nd - July 31st. Vijy 1 Link to comment Share on other sites More sharing options...
gattaca Posted June 18, 2022 Share Posted June 18, 2022 2 hours ago, coffee_rules said: Bloody NRIs, IT boom, MNCs and liberalization Lol it’s business in Hyderabad lot of friends buy these apartment at launch wait for few months and flip it. Not NRIs they used to buy in the past but bringing money to US is painful. Link to comment Share on other sites More sharing options...
Vijy Posted June 18, 2022 Share Posted June 18, 2022 37 minutes ago, EnterTheVoid said: Thank you. Been there once before, going again soon. Went to Ho Chi Minh previously. Now going to Ho Chi Minh, Hue, Hanoi, Halong Bay, Hoi An, Danang, Tam Coc and Cu Chi tunnels. July 22nd - July 31st. cool, glad you already visited. the banh mi is one of my fav sandwiches globally. and lots of places to see as well of course - I just listed the food aspects EnterTheVoid 1 Link to comment Share on other sites More sharing options...
ravishingravi Posted June 18, 2022 Share Posted June 18, 2022 (edited) 1 hour ago, kepler37b said: That's the problem. Facilities in new york = 1 billion x Facilities in Mumbai. Bhai I saw an apartment recently in Malad Mumbai. Almost next to the metro line completely blocking the window and the building shakes a bit when metro passes by. Rs 2.5 cr only. 2 bhk. Edited June 18, 2022 by ravishingravi Link to comment Share on other sites More sharing options...
randomGuy Posted June 18, 2022 Share Posted June 18, 2022 2 hours ago, Trichromatic said: Which areas are you exploring in Hyderabad? Other cities are more expensive than this. The guy is stating genuine issue and you "Other cities are more expensive than this." Ye purani aadat hai kya Bhai :)) ... anyways Hyderabad should be top 4-5 in India according to property prices.... Link to comment Share on other sites More sharing options...
Trichromatic Posted June 18, 2022 Share Posted June 18, 2022 1 hour ago, EnterTheVoid said: Thank you. Been there once before, going again soon. Went to Ho Chi Minh previously. Now going to Ho Chi Minh, Hue, Hanoi, Halong Bay, Hoi An, Danang, Tam Coc and Cu Chi tunnels. July 22nd - July 31st. Any suggestion for Halong Bay cruise? 2 d 1 N. Link to comment Share on other sites More sharing options...
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