doom in RE has started from 2008 recession time.
Ahmedabad did not see price correction, mainly because of industries are growing here in modi regime. BRTS, good infra and new industries coming here did not let prices go down but upto me, prices have gone up in last 2 years.
But in other cities, like mumbai, pune, bangalore, chennai, hyd, noida etc, prices have corrected from 2007-2009. In cities like mumbai/pune recently there was some price hike in 2010 but its still not sustainable. the market is stagnated.
Quote:
Originally Posted by dhoom
Surprising you mentioned the boom time in your earlier post to be 2000-2010, do you think that doom in RE has started.
D
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