by B Rawat
Wait for 4 months. property in delhi will come down 101% I think correction will range about 20% & NCR will be 30% for above 30 lacs property. 20lacs-30 lacs property will come down 15% in delhi & 25% in NCR.
-Sensex creshed ,Extra/income money gone
-in Delhi DDA 5010 flate come for sale.
-Intrest rate is high
-Inflation is high (remain double digit) No logic to purchase still live on rent.
-Global recession will impect India too. More job lose.
-price of all product will be soften (election year 7 State & general Election)
-Crude Oil price below 62$ per barrel so diesel & petrol rate come down by approx
1rs & 2 rs per ltr respectively.
So many other reason to see fall in real estate.
regards,
B N rawat
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