May 26, 2008

Property rates to go up in Bangalore. Will you still buy property there?

Magicbricks Moderator says – A recent news report says that property developers’ association in Bangalore has decided to increase the rates of all projects by Rs75-500 per sq ft. This decision was announced by Confederation of Real Estate Developers’ Associations of India (CREDAI-Karnataka chapter). Rising prices of steel and construction material has been cited as the main reason for this hike.

Will you still buy property there? Will this impact your property buying decision?

Send in your answers in the comments section. Else, send them to
editor@magicbricks.com