BrixResearch Moderator says: Market analysts are certain that property prices will come down after the turmoil in the global markets. Cash crunch in the US markets has set a tizzy in the global markets. Indian property developers are also anticipating some ripple of the same. This has brought in a halt to the property prices as developers are desperate to sell their projects.
Will this market correction bring down the prices of property? Will price correction help boost sales of property projects? What’s your take on this?
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The Indian real estate sector might be going through a major downturn but to some extent it is also making things attractive for foreign investors. The slowdown, in fact, has set in more realistic valuations and growth-oriented investment opportunities for biggies to close in profitable deals. The recession in the US and the fact that China is tightening its FDI policy has aided a remarkable shift in investment. Experts feel that cities like Mumbai, Bangalore and the NCR region are hot investment destinations because of their strategic importance. Considering this, Mr. Donald Trump Junior is all set to launch a $1bn fund to buy property in India and Lehman Brothers Real Estate Partners has recently acquired a 50% stake in Unitech's Mumbai project. Also, TAIB Bank, a leading private bank based in Bahrain has recently picked up a 26% stake into a project of Anant Raj Industries.For more view- realtydigest.blogspot.com
ReplyDeleteProperty prices will only increase and not come down. There is a tremendous pressure to sell property.
ReplyDeletemarket turmoils are no reason for property prices to come down. It is just that the market will become stagnant.
ReplyDelete- Priyanka
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