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Is repayment may cause realty correction?

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Is repayment may cause realty correction?

Last updated: December 9 2010
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  • Is repayment may cause realty correction?

    According to article below, developers may have to reduce the prices and sell off apartment to maintaon cashflow. Does this mean Indian realty market will see correcton in a month or two?

    http://www.mydigitalfc.com/companies...lty-prices-378
  • #2

    #2

    Re : Is repayment may cause realty correction?

    quite a scary article, lets see what happens in next 2 months.
    Originally posted by Noida-apt View Post
    According to article below, developers may have to reduce the prices and sell off apartment to maintaon cashflow. Does this mean Indian realty market will see correcton in a month or two?

    http://www.mydigitalfc.com/companies...lty-prices-378

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    • #3

      #3

      Re : Is repayment may cause realty correction?

      for a good project (reputed builder, good location)

      correction?

      No way!

      even they are asking for handsome premium.
      NO RISK NO GAIN

      Comment

      • #4

        #4

        Re : Is repayment may cause realty correction?

        Originally posted by Pradyot1315sqf View Post
        for a good project (reputed builder, good location)

        correction?

        No way!

        even they are asking for handsome premium.
        Atleast in Noida there is no scope of correction from current prices.

        Comment

        • #5

          #5

          Re : Is repayment may cause realty correction?

          I guess builders may not reduce BSPs but will try to lure customers by introducing some scheme like they used for promotions.

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