Magicbricks Moderator says -Recent media reports suggest that property prices in posh Delhi and Mumbai areas continue to rise while the real-estate rates in Gurgaon are decreasing.
Gurgaon is one of the most active markets in the NCR wagon. Are property prices really stabalising there? Is property becoming affordable there? Anybody has any clue about how the transactions are happening in that market?
What's your take? Send in your replies here (in the comments section). Else, write to us at editor@magicbricks.com .
Subscribe to:
Post Comments (Atom)
Prices are not coming down, only the rate of increase has halted.
ReplyDeletePrice escalation is happening. The prices will rise only.
ReplyDeleteProperty prices will only grow. The demand is more than the suppply. Hence, there are no chances that property prices will fall.
ReplyDeleteProperty prices are definetely going down now, properties that were soled appx 55000 per square yard can now be purchased at appx 40000-45000 per square yard. Dealers confirming that, but still these are expensive. One should understand difference between price and value.
ReplyDelete