July 15, 2008

Is realty segment heading for a slump?

Magicbricks Moderator says - Media reports are predicting “slow down” of the property segment. Lacks of funds, poor transaction records and the haul in global economy have been cited as main reasons for property market’s problems. Many property developers are holding back to their projects, fearing that they may get a cold response from the market.

Do you agree with these reports? Is this the doom time for property segment?

Share your opinion with us. Send your responses in the 'comments' section.