The booming real estate market in the city of Hyderabad has changed the lives of many people. Those who got lucky became millionaires overnight and those who were on the flip side lost whatever they had in the name of widening, encroachments, land mafia, Ring Road and what not.
The prominent among the areas which have been seeing some incredible hike in land prices is the Kukatpally and after that belts and even Patancheru which was once meant to be a god forsaken Industrial area has now become a gold mine.
Prices are soaring between Rs 10000 per square yard in the deep interiors of Pati to the burning price of Rs 30000 per square yard on the Patancheru main road. Call it boom or development but one thing is clear, the dream of a common man to build a house or buy a land is ruled out now with the soaring prices.