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Are foreclosures going to hit Indian real estate hard soon?

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Are foreclosures going to hit Indian real estate hard soon?

Last updated: April 22 2020
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  • Are foreclosures going to hit Indian real estate hard soon?

    With the growing insecurity amid the Coronavirus crisis, salary cuts an job losses have already begun. Does it hint towards an inevitable impact on the Indian real estate sector in the form of unprecedented foreclosures?
    Last edited April 21 2020, 11:54 PM.
    Talk TRUE; Talk IREF
  • #2

    #2

    Re : Are foreclosures going to hit Indian real estate hard soon?

    Will this benefit and open a jackpot for upcoming buyers who were in job hunt and due to overpriced market coudn't end their findings but now it's their time to buy same dream house at lower price??

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    • #3

      #3

      Re : Are foreclosures going to hit Indian real estate hard soon?

      Originally posted by anujwadhwa View Post
      Will this benefit and open a jackpot for upcoming buyers who were in job hunt and due to overpriced market coudn't end their findings but now it's their time to buy same dream house at lower price??
      Experts have claimed that the real estate prices in the India could see a correction of up to 20 per cent amid the coronavirus crisis. That would make way for home buyers with job security and free flowing cash to buy properties at low prices.
      Talk TRUE; Talk IREF

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