O
officesonrent
New Member
In my opinion 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.
Though there is still gap in demand and supply but as property prices have gone up on a insane rate in past few years, buyers are opting for wait and watch strategy at the moment. At the moment, there are more sellers and less buyers in the market and it is causing the current drop in property prices in India. Property prices future in India is currently good for the buyers and bad for the sellers.
Though there is still gap in demand and supply but as property prices have gone up on a insane rate in past few years, buyers are opting for wait and watch strategy at the moment. At the moment, there are more sellers and less buyers in the market and it is causing the current drop in property prices in India. Property prices future in India is currently good for the buyers and bad for the sellers.