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Old 23-06-08   #3
artdave is offline artdave
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Join Date: Jun 2008
Location: cupertino, california, usa (silicon valley)
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i found lot of price manupultion was going on india by developer by recodrding sales to inflate prices eventhough real sales did not take place, since, the cost of doing so in india is much lower than that in usa (such as title insurance, transfer tax and others). also, lot of sales made under black mony- to gain real data is the most difficult in india. i found in india to act like a buyer (paid some relatives to do so) in the makret place and see what kind of deal you can make. this gives you the only true measure. hard work but accurate-i did not want to do this because i was used getiing good information in usa-i found out that real market was really much lower than what every one was saying. this saved me in making bad investments last year.please let me know if there is better way-i like to know too.
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