Quote:
Originally Posted by abhi_jj123
I recently read few articles while surfing that there is high probability that RE market in NCR will come down in the final leg to commonwealth and thereafter post the event as the existing supply buildup is anyways very huge. on a rough calculation, minimum 60 odd projects in each of satellite towns is under construction or due completion in next 6 months. Plus another big number wherein amount has been sourced by the developer and now he has start the project....In light of this, what's the take whether ppl like me based out of another city in India and basically from norther region with not much of over and above disposable income should go for the kill and buy/book now or continue to be born spectator...
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We know for sure the prices are very high. But I have been waiting for 2-3 years to buy something in NCR but it seems real estate developers have big lobby and with the help of media want to take all the money from customers .
I am very skeptical about new projects. And the amount of money builders are asking, they are not even delivering any quality as per the money. It seems sky is the limit for them to increase the prices as long as people like us are getting trapped.
Metro and commonwealth are weapons of speculation.
I personally don't want to dive into it right now, but I am not clear either what is going to happen next so there is a fear too that I will never be able to afford any good place in NCR.