Indian real estate – boom or a bubble?

Property prices in India are rising fast, and as the tech boom spreads across the country, and more Indians buy homes,with the growing economy at the rate faster than 8% a year, real estate is attracting more investors, even from overseas

Though India is one of the major countries in Asia with an improving market there are concerns about an asset-price bubble raising questions as to whether the speculation of the past year and a half, which has driven land prices up by 30% to 100% and real estate stocks up as much as 2,000%, may be coming to an end.

Its the boom or bubble question in Indian real estate that has been a cause of worry lately.
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