bubble burst in real estate

Property bubble – A myth
With home prices always on a rise; for instance, Chennai realty prices have more than tripled since 2007; the ultimate asset class investment as per the majority of Indians is considered to be real estate. Although, currently there are signs of a slowdown, within the last quarter, out of the 26 residential markets prices of property […]

Indian realty attracts NRIs
Mumbai: In accordance with city based real estate consultants, as a follow-up to the recent rupee depreciation, Non-Resident Indians (NRIs) from around the world have manifested interest to invest within the Indian real estate sector. Due to the depreciating value of the rupee, the dollar has been appreciating against the rupee which has lead to a […]