Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Dwarka Sub City Flats Prices : Real or Hyped ?

akundra_1609 · 28-09-07

Hi Friends,

Currently the proces in Dwarka Su City are touching Everest like heights , this too when the occupancy is still 40 % & also still it is not a very "bustling" place like say Rohini . People say that prices in Dwraka are owing to the flats being held by Financiers & they are creating an unnecessary shortage when there is not . Now can somebody please suggest whether The prices of Flats in Dwarka are going to go even higher or gonna come down based on some theories floating around like :

01. There is some thinking at Govt end to make the Registration amount in porportion with the previaling rates whihc would automatically reduce the black money part & this would reduce the no of buyers (as the big businessmen who buy flats solely on black money) would get out of the buyers segment & so with reduced no of buyers automatically the financiers will have to rdeuce the price so as to make the flats saleable

02. Also , the opening up of lot of societies currently on hold by CBI would increase the supply & that also would result in dcerease of prices

Please Dear Friends suggest consdering all points as above - whether to wait or take decision now to buy property in Dwarka though not for investment purpose but for my " Zindagi Bhar ka Ashiana" but still i would not like to pay so high money now & then see the prices coming down.

Thanks !!!

28-09-07	#1
akundra_1609 New Member Join Date: Sep 2007 Location: Delhi Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Dwarka Sub City Flats Prices : Real or Hyped ? Hi Friends, Currently the proces in Dwarka Su City are touching Everest like heights , this too when the occupancy is still 40 % & also still it is not a very "bustling" place like say Rohini . People say that prices in Dwraka are owing to the flats being held by Financiers & they are creating an unnecessary shortage when there is not . Now can somebody please suggest whether The prices of Flats in Dwarka are going to go even higher or gonna come down based on some theories floating around like : 01. There is some thinking at Govt end to make the Registration amount in porportion with the previaling rates whihc would automatically reduce the black money part & this would reduce the no of buyers (as the big businessmen who buy flats solely on black money) would get out of the buyers segment & so with reduced no of buyers automatically the financiers will have to rdeuce the price so as to make the flats saleable 02. Also , the opening up of lot of societies currently on hold by CBI would increase the supply & that also would result in dcerease of prices Please Dear Friends suggest consdering all points as above - whether to wait or take decision now to buy property in Dwarka though not for investment purpose but for my " Zindagi Bhar ka Ashiana" but still i would not like to pay so high money now & then see the prices coming down. Thanks !!! Last edited by julie; 28-09-07 at 12:16 PM.