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- Rising property prices in Indian Real Estate can be attributed to the very fact that there is a mismatch between demand and supply.
Another factor could be the ease at which home loans are available. As compared to a scenario some 10 years back when procuring home loan was a difficult task and the interest rate was not too high. Now the case is very much different, you can avail home loans easily but the interest rates have certainly climbed. This may help in stabilizing property prices in some cities but not drastically.
However, a correction is unlikely because of the current realty boom, demand from the booming Indian economy, foreign investment and rise in the income of families.CommentQuote0Flag
- IS there any impact after budget????CommentQuote0Flag