H
yderabad's real estate market, particularly in areas like Kokapet-Neopolis, is facing a perfect storm of challenges. Developers who launched projects during the high-demand period are now struggling to break even due to skyrocketing land costs and RERA regulations.

    The once-thriving market for luxurious gated communities has slowed down significantly as securing large tracts of land becomes increasingly difficult. Meanwhile, demand for conventional apartments is declining, with middle-class buyers opting for second-hand properties priced under Rs 1 crore instead.

    This shift towards older apartments is further exacerbated by the shrinking supply of non-gated units. Hyderabad's real estate market is already plagued by high supply and low demand, making it vulnerable to external factors such as changes in migration patterns.

    The new laws in the US, aimed at discouraging migration from Telugu-speaking regions, are having a ripple effect on the demand for real estate, particularly among NRIs. If this trend continues, Hyderabad's real estate market could face even more severe setbacks.

    To overcome these hurdles and regain momentum, the city's real estate sector will need a significant revival.