Quote:
Originally Posted by ravikishan
hi aditi ,are you a native from ahmedabad.you seem to know lot about the place.i m from mumbai and my friends have invested in godrej garden city.well its true that most of the buyers are investors.dont know when the bubble (if its a bubble) will burst as there seems to be lot of end user demand due to easy availaibity of bank loans.whats your view on the indiabulls sabarmati project.theya re selling 930 sq ft of apartment for around 22-24 lakhs.i am also an investor and in two minds whether to go for pune or ahmedabad
|
You are right itz certainly a bubble 90% of people in ahmedabad earn below 5 lakhs how can they afford homes priced at 50 lakhs that too a bad quality the city doenst offer much employment opportunities no specific industry there just a 2000 crore investment of NANO has artificially created a boom there is much more investment made in other places you should wait the bubble will burst there will be a oversupply condition very soon