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IPH · 10-12-07

After so many "reports" about behaviour of ICICI's "collection agents", our experience says that people are preferring for "other" options.

So, if ICICI is disbursing less number of "loans" the problem is "somewhere" else, definitely not in property market.

Property prices, specially in Mumbai/Navi Mumbai/Thane (primary property hub) are going up and up. There's no symptom of going down. We've seen that though the rate of purchase has gone down (not because of ICICI's "whatever", because of high interest rates), builders/promoters are not reducing their rates.

So, the basic point is, demand is more than supply, so the rates will go up, in 2008, 2009 and 2010, definitely.

Rate of "Roti, Kapda aur Maukan" will never go down. So, pppplease don't wait (or get mislead), buy NOW!

10-12-07	#2
IPH New Member Join Date: Dec 2007 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts	After so many "reports" about behaviour of ICICI's "collection agents", our experience says that people are preferring for "other" options. So, if ICICI is disbursing less number of "loans" the problem is "somewhere" else, definitely not in property market. Property prices, specially in Mumbai/Navi Mumbai/Thane (primary property hub) are going up and up. There's no symptom of going down. We've seen that though the rate of purchase has gone down (not because of ICICI's "whatever", because of high interest rates), builders/promoters are not reducing their rates. So, the basic point is, demand is more than supply, so the rates will go up, in 2008, 2009 and 2010, definitely. Rate of "Roti, Kapda aur Maukan" will never go down. So, pppplease don't wait (or get mislead), buy NOW!