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Property prices future in India

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Property prices future in India

Last updated: May 5 2012
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  • Property prices future in India

    Property prices future in India is expected to move downwards. Property prices trends shows that real estate prices in major Indian cities are falling. Recent reports suggest that real estate prices in India are expected to fall up to 20 to 40 percent due to high interest rates and high real estate prices. Cities like Mumbai, Bangalore, Ahmedabad and Hyderabad are witnessing a falling in housing rates.

    Property prices future in India depends a lot on how interest rates and real estate prices moves in next 6-12 months. Though real estate prices in Delhi and NCR are still increasing but the pace has gone down which is indicating that even regions with positive prices rise can witness some fall in next few quarters.

    Real estate bubble has been forming in India for some and it is imperative that it burst as soon as possible. Real estate companies and brokers have deliberately hike property prices and recent slowdown is a result of unrealistic pricing in real estate sector in India.
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