In Hyderabad

I found the ads below in the members section of a prominent Hyderabad Real Estate Support Web site..  Serious erosion of investor confidence in real estate.. Reasons given seem valid, but I see a ton of such resales and cancellations in the market ..

Lanco : underconstruction. 2550 sft, 3 bedroom flat in prestigious LANCO HILLS. current sale price 4600/sft I bought it at 4400/sft and ready to sell at same price.

Flat-2150 SFT, 5th floor east facing.Builder-Aliens developers,Project-Aliens space station.Project is HUDA approved. Construction work just started and delivery in 2010 Year end. Expected price is 2750 Rs per SFT negotiable against Rs.3500/sft.Booked the flat 1.5 years back at 2500rs per sft. Settling down in Chennai and therefore considering resale. Specifications of the flat are simply excellent and the apartment tower is a skyscraper with good view. visit aliens website for details.