A widely circulated discussion on Reddit has opened a sharp debate on how real estate hype cycles are engineered — particularly in India’s smaller towns — revealing how investors repeatedly fall into the trap of artificial demand, inflated prices and psychological manipulation.
The long post narrates a real-life account from a Tier-3 town, offering a rare inside view of how developers and dealers allegedly create, control and cash out market frenzy. Advertisement
A dream sold on hype
According to the Reddit discussion, the story began when a well-known Tier-1 city developer entered a Tier-3 town and purchased 29 acres of land on the outskirts — land that reportedly lacked proper road access and clear regulatory approvals like CLU, RERA registration or even a boundary.
Despite this, t

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