New shopping complexes eagerly await tenants or leasers with 'to let' signs displayed prominently on their gates. Even after the crash in rental values up to 30%, many shops are finding no takers. As recently as 2007, it was very difficult to get a commercial space for rent or lease in prime localities such as Ameerpet, Somajiguda, and Kukatpally. But now the situation has changed. At their peak, rents in these areas stood at between Rs90 to Rs100 per square foot. These very shops are now available for just Rs60 per square foot. But still these spaces are finding no takers. Many commercial complexes in Hyderabad are empty and desperately waiting enquiries.

The rates for apartments are also witnessing a significant fall. The good news is that this is a positive sign for middle class families who wish to purchase a new flat. In 2007, the rates for apartments touched the sky and people could not dare think about of owning a house or flat as the price stood at around Rs4000 to Rs6000 per square foot in prime areas like Madhapore, Kondapore, Ameerpet, and Khairatabad. But now that the rates have fallen, the same flats are available between Rs3000 to Rs5000 per square foot.