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Real estate to see 10-15% correction

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Real estate to see 10-15% correction

Last updated: February 17 2014
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  • Real estate to see 10-15% correction

    Hi Guys

    Please share your views, after watching these below links ..got scary..i was about to buy in couple of weeks

    Realty prices set for steady dip in Mumbai - Money - DNA

    India's New Home Sales Drop Up to 25% on Higher Rates, Knight Frank Says - Bloomberg

    Experts see cheaper homes in ’11

    Rising loan rates to cool realty prices - The Economic Times

    India's housing bubble
  • #2

    #2

    Re : Real estate to see 10-15% correction


    Expect official declaration from PBAP in some time (next 1 - 3 Months) .....

    a 10 % concession initially

    Only then the sales will start happening. ....

    then in next 5-6 months more 5 - 10 % but strictly as private conversations at Builders office

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    • #3

      #3

      Re : Real estate to see 10-15% correction

      +1. Man this is what many are saying here:- This is not the right time to buy property.
      If you are happy, you are successful.

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      • #4

        #4

        Re : Real estate to see 10-15% correction

        Good to see how the prediction went the way of the dinosaurus in 2011.

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        • #5

          #5

          Re : Real estate to see 10-15% correction

          One more valuable thread to look back and see correlation between such stats and prices. In 2011 things went exactly in opposite direction. My guess is that we only look at a small portion of all factors ignoring the major ones thus resulting in horrendous results.
          Last edited February 17 2014, 02:07 PM.

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