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The ups and downs of our volatile eceonomy has its impact on real estate too. Spending power is directly proportionate to investment capacity. The current governments, policies and support of corrupt practices has laid our economy open to financial disaster.

Though the news artciles talk about hundreds of thousands of unsold properties across the country, there are some pockets where prices are still holding at ridiculous levels – in spite of lesser property deals happening in the recent past. This reflects the stalemate between the investment sentiments and holding capacities of people. There is no sense in the market. Speculation has become too risky.

Wait and watch is the apt approach.

AUTHOR : Anit Gopinath
Posted on : 2031-08-12 00:00:00
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