Would like to know if RE prices in chennai expected to drop further or will it remain stable/increase for year 2009?
Reason is

1. There has been very marginal drop in RE prices across chennai <10% as compared to bangalore/mumbai to 35-45%

2. Real estators have been holding the flats though not booked and they aren't dropping prices..instead it's been cat and mouse game..
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  • I would not keep waiting and miss the boat once again.
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  • It has got to go down further

    I feel that RE prices have to go down further. With so much of job losses, cuts in salary etc, I donot see a reason why things will go up again. Atleast for me I'll prefer to hold on to my cash for now.

    Regards,
    lsjey
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  • It will remain stable in 2009 and 2010
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  • Chennai Realestate Guide comparison

    www.builderschennai.com/directory/pricelist/price.html

    Check this out
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