Originally Posted by logix

Hi,

I see that HDFC has started auctions in Navi Mumbai.
I see this as potential bubble heading to burst in RE.

Please see all links below to see for yourself that flats are being auctioned for 2-3 Lakhs. (somewhere even for 1 Lakh)

]http://images./newsletter/attach/278.pdf[/url]

]http://images./newsletter/attach/277.pdf[/url]

]http://images./newsletter/attach/261.pdf[/url]

]http://images./newsletter/attach/260.pdf[/url]

]http://images./newsletter/attach/258.pdf[/url]

]http://images./newsletter/attach/254.pdf[/url]

I invite comments from all senior members, i believe this will cause stir in the forum & prevent people from losing their hard earned money.