December 24, 2008

Global slowdown: Will property prices take a dip?

BrixResearch Moderator says: Market analysts are certain that property prices in India will come down owing to the current slowdown in the global markets. Cash crunch in the US markets has set a tizzy in the global markets. Indian property developers are anticipating some ripple effect 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?

Type your response in the ‘comments’ section.