I do not agree with the author. Anything that grows overnight without fundamentals, is bound to fall down. I've returned back to Hyderabad from US in this Jan after 3 years. Before that I lived in Hyderabad for more than 4 years. After 3 years, I did not see much development, but the reality prices were sky rocketted. Reality prices were jacked up the brokers without real worth in them. Here in Hyd, Govt is the big villain and it's politicians. It's became a joke now that if any shit politician wants to jack up prices near his lands, he/she just makes the govt/govt body to annouce a fictious project/integrated township/SEZ, u can name any other shit here. Now in Hyderabd, common man cannot afford to have a house/flat and it's done by the Govt. Totally artificial prices without any real development.. And the BAKRAs in this entire episode are the NRIs/IT/ITES people.
