Indian Real Estate - Is It Recession or Correction - Indian Real Estate Forum

Indianil · 03-01-09

Dear All,

Request to rate

Indian Real Estate Sector - Is it recession or Correction at present. Rating with reasons will be more appreciated.

arin_12 · 04-01-09

You will find more correction on the RE as days goes on. Rhis sector is completely over priced.

evishnu · 05-01-09

Not sure about the way Recession is declared in India, Do we have a governing body of Economist to confirm a recession? Going by the media and GDP data, it definitely is recession.

Indianil · 01-02-09

well, there are two types of market in real estate sector in India from my point of view:

1. End User's Market : Here the the transactions in buying, selling and leasing etc are done by the people for self use.

2. Investor Driven Market : Here 90% or even more transactions are done by investors with an intention to sell it later at premium.

If you look at the end users market, though the transactions have reduced but even then there is not much availability today also and either the prices are sustaining at earlier level or even if there is correction, it's marginal only. There's hardly any distress sell.

to be continued:

View Poll Results: Indian Real Estate is in Recession or Correction
Recession	7	38.89%
Correction	11	61.11%
Voters: 18. You may not vote on this poll

03-01-09	#1
Indianil New Member Join Date: Dec 2008 Posts: 29 Thanks: 0 Thanked 0 Times in 0 Posts	Indian Real Estate - Is It Recession or Correction Dear All, Request to rate Indian Real Estate Sector - Is it recession or Correction at present. Rating with reasons will be more appreciated. Last edited by Indianil; 03-01-09 at 11:44 PM.

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04-01-09	#2
arin_12 Member Join Date: Dec 2007 Posts: 225 Thanks: 0 Thanked 0 Times in 0 Posts	You will find more correction on the RE as days goes on. Rhis sector is completely over priced.

05-01-09	#3
evishnu New Member Join Date: Jan 2009 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Not sure about the way Recession is declared in India, Do we have a governing body of Economist to confirm a recession? Going by the media and GDP data, it definitely is recession.

01-02-09	#4
Indianil New Member Join Date: Dec 2008 Posts: 29 Thanks: 0 Thanked 0 Times in 0 Posts	well, there are two types of market in real estate sector in India from my point of view: 1. End User's Market : Here the the transactions in buying, selling and leasing etc are done by the people for self use. 2. Investor Driven Market : Here 90% or even more transactions are done by investors with an intention to sell it later at premium. If you look at the end users market, though the transactions have reduced but even then there is not much availability today also and either the prices are sustaining at earlier level or even if there is correction, it's marginal only. There's hardly any distress sell. to be continued: