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Property Buyers in state of Dilemma

No Comments Sub Category:Realty News,Uncategorized Posted On: Oct 28, 2011

Real estate is witnessing such a boom India, wherein the property prices have been fluctuating with the rise of every dawn. The real estate has spared no land it includes even the rural areas, townships and big localities in each and every corner of the country. This is what is bothering the property buyers in India. Every day people are witnessing the hoardings which advertise upcoming new residential projects, multi-facilitating, extreme comfortableness, luxury at its best and only thing bothers is the varying price range. The cities like; Gurgaon, Mumbai and Noida are nowhere lagging back in competing wit other cities, these cities are also filled with apartments, villas and independent houses.

One of the Mumbai based real estate broker reported saying that the real estate business is in a real fix and all about making money but nothing else. He added on saying that, he witnesses minimum hundreds of land documents at his office desk and now none of those land owners are bothered to either sell them or buy a new one instead and also he says he is finding tough time advertising the remaining land to be sold to any buyers. He himself claims that, he is waiting for the real estate price to fall down for him to purchase a new flat in Mumbai.

Source: MoneyLife

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