Property prices are likely to come down
People who are hoping to purchase a property any time soon shouldn’t worry about price rise for now. While the rest of the country rejoices and welcomes the Modi government, Shailesh Singh who is a Delhi based executive seems to be very worried. He has been looking for an apartment in the NCR region of [...] Continue Reading »
Despite the upcoming election verdict on May 16, not all asset classes have been bullish in anticipation. The stocks may have been up for the past few months, but the secondary market isn’t responding similarly. Prices of tens of thousands of homes in metros have crashed by as much as 20-30% this last year. This [...] Continue Reading »
Housing demand had increased last year after economic revival boosted consumer confidence and banks introduced teaser rates with lower interest cost for borrowings. Sensing better demand, builders had increased prices between 20% and 35% across the country. Property prices are likely to come down in 2011 making it more affordable to own a house, as [...] Continue Reading »
