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Are we entering into Real Estate Recession?

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Are we entering into Real Estate Recession?

Last updated: October 9 2010
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  • Are we entering into Real Estate Recession?

    yesterway there was news in TOI regarding dwarka expressway that all hurdles are cleared and project will speed up after diwali....

    So will sohna road extn. prices will reduce?

    Also there are news for national real estate consultant that there will be stagnation in residential real estate. Will that's reason for all builder to launch in this period????

    What will happen to Resale market?????
  • #2

    #2

    Re : Are we entering into Real Estate Recession?

    Can someone post the news in TOI yesterday?

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    • #3

      #3

      Re : Are we entering into Real Estate Recession?

      Does not look like a recession to me. Rates of most areas of Gurgaon have had phenomenal growth in the last 6 months or so & we may see correction in prices some areas ( especially Sectors 81 & plus ) , but most areas would continue to see growth ( there could be stagnation of prices for certain areas for certain periods of time)
      Please read IREF rules | FAQ's

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      • #4

        #4

        Re : Are we entering into Real Estate Recession?

        i think time wise correction is already there in the market

        what people r buying today in real estate in more than 80% of new projects,they may get the same project at 15-20% higher once the project will going to get complete after 3 years

        keeping safety of money into consideration it makes more sense to buy at resale in these new projects even at higher prices after project get ready
        Last edited October 9 2010, 12:23 AM. Reason: modi
        s I m

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        • #5

          #5

          Re : Are we entering into Real Estate Recession?

          Dwarka Eway

          Originally posted by amty_gr View Post
          Can someone post the news in TOI yesterday?
          nothing new in the news, here is the link

          http://timesofindia.indiatimes.com/c...ow/6702375.cms

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          • #6

            #6

            Re : Are we entering into Real Estate Recession?

            I think its a news 'managed' by builders in that area just on Nav occation to justify their price rise. though nothing concrete progress on e way

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            • #7

              #7

              Re : Are we entering into Real Estate Recession?

              news

              Originally posted by sandeep12345 View Post
              I think its a news 'managed' by builders in that area just on Nav occation to justify their price rise. though nothing concrete progress on e way
              You are right, there are news about this or that road with a headline implying something very good but nothing in the detailed news except the rosy speculations and restating whatever is already known in a futuristic hopeful manner.

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