Refer to RBI report
Refer to RBI Macroeconomic Report,
Home loan disbursements are down by 40 % compared to previous years.
In 2006-2007 Banks disbursed Home loans worth 46000 crs.
In 2007-2008 Banks disbursed home loans worth 26000 crs only.
This market may be crashed in near point.
Hence if you do not want to get fooled then stay away from market.
Regards
Sandeep
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