2009 Election, Telengana Impact on Real Estate, Land & Property Rates HYDERABAD, INDIA

1.0 The Big Messy Election

The elections this year is along drawn affair. After we vote on 16th April in Hyderabad, we have to wait a month, to know the result. The long election process impacts all development works. For the Govt. its is easy to hold the commission responsible and abdicate all works. So if there is intermittent powers cuts, bad roads and lack of drinking water?blame it on the Commission!

Hyderabad is sweating badly due to huge power shortage. Load shedding is the rule of the day (and night!). The new Govt. will have to bear the cross of the mess, on all fronts including power, water, funds for civic maintenance?? For the common man or a working professional, this lengthy election is nothing but a pain in the neck.

2.0 Actors

The good doctor seemed to be ahead of others with PRP splitting votes, during intial phase of the campaigning. He has wooed rural public with schemes like Arogyasri and Indiramma Housing. These schemes would help to swing votes. Its another matter that due to worsening treasury situation, hospitals are now turning away the poor, since crores seem to be pending to be paid to Hospitals, for the service given.

It would be a interesting if Naidu pulls ahead with his "Kutami Kichdi" of Parties including the CPM, TRS etc. Towards the end of the campaign, Naidu seem to have got stronger. He has created excitement in rural areas with DMK style offering of Free Color TVs and off course cash transfer scheme. The "cash transfer" offer may pull in voters and upset the Good Doctor. So will TDP return??

The biggest headache for Naidu is his old enemy and current Dost, the TRS Chief. TRS chief has forgotten or had no time, to make even a manifesto for his party! Instead of pushing the Telengana sentiment, he is now banking on Naidu's Free TV and cash scheme. Naidu is the most worried man in AP now! Worrying about TRS hijacking his "bright ideas" instead of campaigning hard for Telengana, during elections!

TRS is offering Naidus color TVs probably to let the poor watch TRS chief in future, when he actually starts fighting for Telengana. But after elections, if TDP wins, TRS will start bugging TDP. TDP is praying to get majority without TRS seats!

At the end of the day, PRP is expected to emerge only as a minor player.

3.0 Cash is King

Cash flows like the Ganga during Election time. The Election commission limits on expenses are not enough even for a day of "work" . Crores and crores are spent for electioneering, booze and parties. Candidates pay multiple crores to get a seat. In fact even a small realtor who was fielded by TRS for Secunderabad started crying about the 10 crore that he paid to get ticket, while he was being beaten up by party men who could not bag ticket, in the TRS Office premises.

Just think of the money that would have been paid by all MLA and MP Candidates of three major parties? (336 x 3 x average 10 crore = whopping Rs.10,000 Crore!). This is apart from crores to be spent by candidates as election expenses.

For party founders and top leaders, election is big time to make money. The black will get converted to white slowly and in a few years, they will become big industrialists running news papers and TV channels, for fun!

4.0 Will Telengana Happen ?

5.0 The Worry Factor for Real Estate

6.0 Impact on Constructed Area Rates

7.0 Impact on Land Rates

8.0 So what is the advice, considering possible split of the state?


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