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string(789) "Now that Modi sarkar is firmly in place for the next 5 years, what would be the likely impact on real estate prices in Mumbai?
One possibility is that if the stock market rallies & the returns there are good, will investors shift their monies to the stock market for better returns given that the real estate prices are already quite high & are unlikely to give high returns. If investors shift monies will real estate prices drop?
Second possibility is foreign real estate funds/investors might feel that India's economy/Modi's policies will lead to higher returns than other locations abroad. They will invest (and quite sizable funds) in real estate projects giving builders much needed cash. This will keep prices at high levels or maybe go up even higher.
What do you feel..."
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One possibility is that if the stock market rallies & the returns there are good, will investors shift their monies to the stock market for better returns given that the real estate prices are already quite high & are unlikely to give high returns. If investors shift monies will real estate prices drop?
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What do you feel...
Comment