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Impact of Current Political Scenario on Real Estate

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Impact of Current Political Scenario on Real Estate

Last updated: September 29 2012
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  • Impact of Current Political Scenario on Real Estate

    Looking at the current political scenario (TMC has taken the support back and there is some issue with NCP as well) where the current govt is though stable but dependent on many other parties to continue the full term till 2014.

    What would be the state of "Real Estate Prices" in case (though seems to be impossible) such a situation occur where mid term elections happen ?

    I guess in areas of Delhi and NCR where the prices are artificially hiked up, there would be a correction ..

    Looking for views from other forum members ..
  • #2

    #2

    Re : Impact of Current Political Scenario on Real Estate

    I guess, it is not going to impact Noida. SP is going to benefit from current political system. Mulayam singh is already eyeing on Delhi.

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    • #3

      #3

      Re : Impact of Current Political Scenario on Real Estate

      Originally posted by techie2k10 View Post
      Looking at the current political scenario (TMC has taken the support back and there is some issue with NCP as well) where the current govt is though stable but dependent on many other parties to continue the full term till 2014.

      What would be the state of "Real Estate Prices" in case (though seems to be impossible) such a situation occur where mid term elections happen ?

      I guess in areas of Delhi and NCR where the prices are artificially hiked up, there would be a correction ..

      Looking for views from other forum members ..
      Market will crash!! there will be blood bath all around.

      After that horrible experience, we all will become Ashoka

      I am a desktop analyst, I practice jyotish too!!

      Comment

      • #4

        #4

        Re : Impact of Current Political Scenario on Real Estate

        Originally posted by gharondabhai View Post
        Market will crash!! there will be blood bath all around.

        After that horrible experience, we all will become Ashoka

        I am a desktop analyst, I practice jyotish too!!
        very Funny.
        you LIVED in Metros and Big Cities..
        where are you now? Moon or Mars?
        Last edited September 28 2012, 06:45 PM.
        Thanks

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        • #5

          #5

          Re : Impact of Current Political Scenario on Real Estate

          Originally posted by cookie View Post
          very funny.
          You lived in metros and big cities..
          Where are you now? Moon or mars?
          jungle!!

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          • #6

            #6

            Re : Impact of Current Political Scenario on Real Estate

            GHarondabhai, did you mean Jharkhand? Morni, ghatorni me toh nahin rehte ho aap?

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            • #7

              #7

              Re : Impact of Current Political Scenario on Real Estate

              Originally posted by LChand View Post
              GHarondabhai, did you mean Jharkhand? Morni, ghatorni me toh nahin rehte ho aap?
              Aise, Morni is a beautiful place in Himachal!! I would not mind living there .. lekin Chunnu, Munni ka kya hoga?? So must settle in Jungle of GN!! Kya kare, aukad utni hi hain ..)

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              • #8

                #8

                Re : Impact of Current Political Scenario on Real Estate

                Thinking differently, With Govt finally waking up to the need of the moment and making an attempt at reviving the economy (for whatever reasons), stock markets are surging up. Do we see an interest rate cut followed by some +ve movement in RE as well.

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