Don’t confuse under-construction inventory with vacant units

Recent claims on social media and digital platforms that Hyd has more than one lakh unsold flats have sparked debate among homebuyers and investors

Property Pulse

Recent claims circulating on social media and digital platforms that Hyderabad has more than one lakh unsold flats have sparked debate among homebuyers and investors. However, real estate industry representatives have questioned the interpretation of these figures, saying they present an incomplete picture of the city's residential market.

According to CH Prabhakar Rao, president, TBF,  much of the confusion stems from equating unsold inventory with vacant, ready-to-occupy apartments. A significant portion of the available inventory comprises homes that are still under construction and are expected to be delivered over the next few years, he said.

Understanding unsold inventory

Developers explain that large residential projects, particularly high-rise communities, are typically developed in phases and often take three to five years to complete. During construction, apartments that are yet to be sold are classified as unsold inventory, even though they are not ready for occupation. Industry representatives say treating such under-construction units as vacant completed homes can create a misleading impression of market conditions.

Market moderation

The industry acknowledges that residential sales have moderated after a period of exceptionally strong growth, particularly in certain premium housing segments. However, developers maintain that demand continues in several mid-segment and affordable housing projects, supported by Hyderabad's expanding employment base and infrastructure development. They also point to ongoing investments in IT, Global Capability Centres (GCCs), Metro expansion and road infrastructure as factors expected to support long-term housing demand.

Verify information

Industry representatives advise prospective buyers to rely on verified market data rather than unverified social media posts while making investment decisions. Before purchasing a property, buyers should verify the project's TG-RERA registration, construction status, statutory approvals, developer's track record and delivery timelines. Market observers say informed decisions should be based on project fundamentals and credible data rather than viral claims.

Unsold vs Vacant

• Unsold inventory includes apartments that are still under construction.
• Large residential projects typically take 3-5 years to complete.
• Unsold does not automatically mean ready homes are lying vacant.
• Industry says buyers should verify project status before investing.
• Experts advise relying on credible market data rather than social media speculation.
This version is legally safer because it attributes the position to industry representatives, avoids stating that the viral claim is false, and explains the underlying issue so readers can draw their own conclusions.