The much awaited Real Estate Correction has begun in India.
For the past few months I was waiting for this moment when the main stream media talks about the Real Estate correction. This has started. Economic Times has started with this article.
http://economictimes.indiatimes.com/markets/real-estate/realty-trends/jittery-investors-selling-flats-below-market-rate/articleshow/11275674.cms
Please go through it. It says Investors started selling flats much below the price builders quote.(make no mistake, still the investor is making profit). Now this early birds are smart I would say. Because soon the so-called investors would have to sell much below their purchase price.
Start Music.
The Party Begins.
Real Estate Bubble, Real Estate Correction, Real Estate Fraud, India
For the past few months I was waiting for this moment when the main stream media talks about the Real Estate correction. This has started. Economic Times has started with this article.
http://economictimes.indiatimes.com/markets/real-estate/realty-trends/jittery-investors-selling-flats-below-market-rate/articleshow/11275674.cms
Please go through it. It says Investors started selling flats much below the price builders quote.(make no mistake, still the investor is making profit). Now this early birds are smart I would say. Because soon the so-called investors would have to sell much below their purchase price.
Start Music.
The Party Begins.
Real Estate Bubble, Real Estate Correction, Real Estate Fraud, India
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