Real estate is NOT BOOMING…
here i am contradicting…
read the ambit groups’ view….
http://reports.ambitcapital.com/reports/Ambit_Economy_Thematic_RealEstate_14Jul2015.pdf
here i am contradicting…
read the ambit groups’ view….
http://reports.ambitcapital.com/reports/Ambit_Economy_Thematic_RealEstate_14Jul2015.pdf
lakshminarasimman
sir i can tell only from chennai point of view
areas where you can decently live with all good facilities are still same like 25 yrs back.
people are paying minimum 30 40 lakhs to get pigeon cages far far away
it is sad to see daily some out of market movie or drama star advertising some farmland site far far away in all tv channels.
one more problem is people who bought 800sqft flats in good areas for 10 lakhs 10 years back are now demanding 1crore or above
Savithri
They must be thinking, it is only two more 0’s extra?
Ravi
Neat report. Thanks for sharing.