The Indian Realty is giving mixed signals. The price of the property seems to have held up although there is no increase in demand. Builders are showing the signs of the weakness in the sales. The finances are drying up. News are that some are on the verge of financial crisis and many are resorting to the alternate finances.
If past is any indication, the timing seems to be similar to that of about 5 - 6 years back. Elections are on the horizon, country's economy is not that great and stock market is showing poor signs. The big difference is that global economy is not in dire situation as it was then, thanks to US. So what do you think? Do you think this is good opportunity or market may go down further? Is it right opprotunity or should wait little longer?
this is a good oppurtinity because there is no any assumption that a realty market will go down further as day by day demand will increase...thanks for sharing a ice view...Malad Mumbai
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