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.

Home loan rates go up!

Magicbricks Moderator says: Most banks have hiked the interest rates for home loans after the Reserve Bank of India (RBI) increased its Cash Reserve Ratio (CRR) by half a per cent.

- Will this affect property transactions?

- Is the government thinking about the middle class home seekers?

Share your opinion with us. Please send you feedback in the ‘comments’ section.

Property prices coming down?

Magicbricks Moderator says: A recent report by a property consultancy indicates that the property market is witnessing a ‘correction’ and the prices will face 'stagnation'. In simple words, it means that the prices for land and flats are coming down owing to economic factors.

Do you agree with these claims? Do you feel that the property prices will come down any soon? Have you bought a house recently? What has your experience been?

Share your opinion with us. Please send you feedback in the ‘comments’ section.