Real estate crash in kukatpally??

I've seen reports about a real estate crash in Kukatpally, though I'm not sure about other areas. I'm still young and don't know much about real estate. People are blaming the Hydra and the Congress government for this crash. Builders are saying there are no new purchases happening, and they're unwilling to lower prices to increase sales. How much of this is true, and how does a change in government actually influence property rates? Lack of money seems to be the main issue. I'll start earning this year, but seeing the current flat rates in the city is concerning. I don't want to spend all my savings for 6-8 years just to buy one flat (don't know if even that is enough). Is there any hope for us youngsters, or is this just a game for the big players? My dad was saying most of the real estate has been inflated but will stay stagnant as people don't have that much money.