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?

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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?

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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.