Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post

pondyda · 13-11-09

Prices in Bangalore has gone up in Bangalore by 20-25% again by Oct- Nov 09 timeframe. The recently arranged home expo visits has led to create an artificial demand and builders are looting the same. JP Nagar 7 phase was 2200 psf has now gone to 2900. EC was 1600 gone to 2200psf, V raman Nagar and closeby was around 1800-2100 and now 2400-2900.

These are all artificialyy created demand making people feel insecure taht flat prices will rise and will be out of hand in few days..
Equity master is already saying real estate bubble is to burst very soon. If major companies burst small builders will also get afected.

13-11-09	#5
pondyda New Member Join Date: Nov 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	prices gone up again Prices in Bangalore has gone up in Bangalore by 20-25% again by Oct- Nov 09 timeframe. The recently arranged home expo visits has led to create an artificial demand and builders are looting the same. JP Nagar 7 phase was 2200 psf has now gone to 2900. EC was 1600 gone to 2200psf, V raman Nagar and closeby was around 1800-2100 and now 2400-2900. These are all artificialyy created demand making people feel insecure taht flat prices will rise and will be out of hand in few days.. Equity master is already saying real estate bubble is to burst very soon. If major companies burst small builders will also get afected.