Property prices might come down

Q: Hi, I have come across a news regarding the property : its states that the price will come down. Kindly discuss the reason and details .

Jamuna sikhri, Delhi-NCR

14th November 2013

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Replies (5)

I think guys we should mot get confused about the market , it is just the unexplained and continuous increase in the price of land that is allowing realtors in Mumbai and the NCR to survive for neither sale of apartments or rentals will keep them afloat in the current gloom and doom.

Amit Raj, Delhi-NCR

14th November 2013

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You know guys this might also effect the affordable housing projects and a strike in wrong chord with investors owing to the low yield and long gestation period involve may worsen the situation.

Harilal, Delhi-NCR

14th November 2013

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Mr Harilal I fell that developers are holding on to inventory with unproductive prices, which implies that the market has to undergo a correction.

Deep Thakur, Delhi-NCR

14th November 2013

Guys this is the fact the economy has chances to slow down a bit, as some of the developers are over-leveraged due to a constraint in cash flows because of slowdown in sales and difficulty in getting loans. Add to that the fact that private equity players are all looking to exit their investments now. With no money coming in, real estate is in dire straits!!!!!!!

Jeet Bhaskar, Delhi

14th November 2013

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Yes Sukhpreet there are chance that banks may further tighten the screw on India’s unregulated real estate sector by asking for higher collateral which will make it more difficult for the industry to borrow loans.

Lohit Raj, Delhi-NCR

14th November 2013

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So guys.. how will this effect the buyers and builders?? Who will have a good news?? :P

Pranab Malakar, Delhi

14th November 2013

hahahaha Pranab good question bro..! bad news for realty tycoons but good news for buyers. The more the sector comes under pressure, the more realty prices will come down as builders are forced to disgorge inventories to up cash flows.

Nikhil Agarwal, Delhi

14th November 2013

Yes Jamuna the news came in that due to the crash crunch in the market, there might be a chance that drop in property sales.Also the news came in that real estate firms are finding it difficult to meet repayment commitments due to the visible slowdown in sales and the fact that majority of banks have virtually stopped fresh loan disbursals.

Lohit Raj, Delhi-NCR

14th November 2013

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