Property price poised to come down

BrixResearch Moderator says: Market analysts are certain that property prices will come down after the turmoil in the global markets. Cash crunch in the US markets has set a tizzy in the global markets. Indian property developers are also anticipating some ripple 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.

Do new sectors in Gurgaon offer hope to home seekers?

BrixResearch Moderator says: The Haryana Urban Development Authority (HUDA) is developing about 58 new sectors in Gurgaon. HUDA will develop most of these sectors while some land has earmarked for the private property developers as well. This is in accordance with the policies of the new Master Plan. Home seekers are hoping that these sectors may offer affordable housing.

- Do you also agree with this?

- Will new sectors, that are located in the periphery of Gurgaon, be an ideal housing solution for the citizens?

Will new law curb black deals in real estate?

BrixResearch Moderator says: The Haryana government has recently passed a new law to control unscrupulous deals in the real estate segment. Under this law, every property broker operating in the sate will have to register details of the property sold, rented, leased or sub-letted.

- Will this bring transparency in property segment?
- Do such laws help in any way?
- Are more such laws needed in India?

Share your opinion with us in the ‘comments’ section.