Hi ,
My brother came to India for vacation and he is desperate to buy property in Bangalore as it is getting delayed for more than 2 years.

Seeing this economy condition,my opinion is not to invest anything at this time and asked him not to do anything atleast until Feburary 2009.

He has seen the resale house(30 x 50 , G+1 floor) near Relance mart in Bannargatta road(Mico Layout) for 60Lakh and decided go for it if they reduce the price more.

is that the wise decision? please advise.
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