its sad but true why do you think reality prices in places like Hyd Blre ,Pune have gone sky high..I am an IT guy myself but cant imagine paying rs 4500/- psf for a palce which is 20 kms away from main city..buildesr themselves have said that they are targeting IT people..Builders have stopped making 1bhk flats you will find all flats are 30 lac onwards..in place like pune 3k-4k was the highest rate one could hear but places which are close to IT parks (outside city limits) builders are quoting 4k -5k only because of IT industry..i am not trying to blame IT people here
