Indian real estate – boom or a bubble?
35 Replies10k+ ViewsLast Reply: 10 years ago
vardaan
New Member
Started 13 years ago
35 Replies
Sort by :Filter by :
Oldest
All
- Hi.........,
I think no one knows this for ure. Bu let hear the expert views Concerns about an asset price bubble have led the Resserve Bank of India to raise the risk weightage on real estate loans exended by banks, and mortgage rae have gone from 7.5% to about 9.5% as a result, That's still well brlow the 15% rate that most Indians were used to, but it's enough to raise questions about whether the speculation of the past year and a half, which has driven land prices up by 30% to 100% and real estae stocks up as much as 2'000% , may be coming to an end.CommentQuote0Flag - real estate pricesOriginally Posted by graceHi.........,
I think no one knows this for ure. Bu let hear the expert views Concerns about an asset price bubble have led the Resserve Bank of India to raise the risk weightage on real estate loans exended by banks, and mortgage rae have gone from 7.5% to about 9.5% as a result, That's still well brlow the 15% rate that most Indians were used to, but it's enough to raise questions about whether the speculation of the past year and a half, which has driven land prices up by 30% to 100% and real estae stocks up as much as 2'000% , may be coming to an end.
Dear grace,
Yes. We cannot see such increases repeating atleast for another 6 to 12 months minimum. Either, it will be slowly going downtrend or remain at same levels as of now.
ks2071746CommentQuote0Flag - Originally Posted by nick_alan_76I checked various message boards discussing the financial mess and associated job losses in USA. It confirms that they had worst job losses since WW2. And as you stated Wiseman, people are already talking about Outsourcing and its impact on the overall US
outsourcing where?
one of the top 3 best destinations would be india.
i see some job creation there do you?????
may be the US bane is our boon??????????????CommentQuote0Flag - Re Will Correct By 50% If Not More
we will see corrections in real estate more than 50 % in one year. the next year IT budget by US companies will be known only by march. more job losses likely and more real estate corrections also likelyCommentQuote0Flag - real estate trendOriginally Posted by badrigwe will see corrections in real estate more than 50 % in one year. the next year IT budget by US companies will be known only by march. more job losses likely and more real estate corrections also likely
Dear badrig,
If what you say is going to happen, it will be bad for the RE industry as a whole but may be good for the buyers.
ks2071746CommentQuote0Flag