July 7, 2008

Is this the best time to buy property?

Magicbricks Moderator says - Recent media reports suggest that Indian property market is heading for stagnation. Real estate prices have stabilised in most cities. While the home loan rates have been hiked, experts feel that this is the best time to buy property.

Maharashtra Chamber of Housing Industry President has indicated that this is the best time to buy property since property prices are reasonable and the chances of an upside in the future are greater as compared to other asset classes.


Do you agree with this?


Send in your feedback in the 'comments' section.

2 comments:

  1. Anonymous7/7/08

    Certainly. Property prices will only increase in future. People who have funds should invest in property.
    - Mitesh Shah

    ReplyDelete
  2. Anonymous15/7/08

    CBRE report has said that property prices will come down in next 2 months. That ways it becomes the best time but on the ground the situation has not changed.

    ReplyDelete