Will real estate price soar in 2015?

Q: I heard that real estate price have fallen by 17 percent so is there any chance that the real estate price will soar in 2015.

Jackie,

4th February 2015

Real estate News in Bangalore

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According to a report, Bengaluru has emerged as India's top real estate investment destinations, beating Mumbai and New Delhi helped by strong demand for office spaces.

Bangalore ranks 20th in JLL's Asia Pacific City Investment Intensity Index, compared to 34th and 42nd for New Delhi and Mumbai respectively.

Pratap, Bangalore

16th November 2015

Comment

Demand for quality office spaces has been extremely high in Bengaluru, which is attracting global players in the city. Bangalore being the smaller city than Mumbai and New Delhi but yet managed to attract investors in comparison of its size.

Balaji, Bangalore

16th November 2015

No, definitely not, the rates have remained stagnant. Real estate prices are not expected to go down further. If you are planning to invest this is the right time, as the market is in the correction mode. Invest before it reaches the peak.

Arun Ram, Bangalore

23rd April 2015

Comment

Hey Arun, Which are the areas that is good for investment in Bangalore or which localities will fetch me good returns?

Jackie,

30th June 2015

According to property research firm Liases Foras, home sales fell by 8% across the top six cities of the country in the quarter to December.

Govinda,

5th February 2015

Comment

I came to know that Mumbai property prices raised by 10 percent approximately, where as there is a decline of 43 percent in new launches in 2014 and in 2015, the prices are expected to rise, but to the extreme. It is predicted that there will be a rise by 4% in the residential sales of combined six Indias top cities.

Karthik Deshmukh, Bangalore

4th February 2015

Comment

Out of six markets, Chennai was the worst affected with a 48% on-year plunge in sales, while Bengaluru and the National Capital Region (NCR) saw sales drop down by 25% and 15%, respectively .

Somesh Venkatesh, Bangalore

5th February 2015

@ Karthik, I read somewhere that Hyderabad saw healthy improvement, with a rise of 55% quarter-on-quarter on sales, while Pune and Bengaluru saw sales rise 36% and 27%, respectively . The Mumbai Metropolitan Region was the only area where sales dipped, by 3%, in the quarter while prices remained stagnant.

Balaji, Bangalore

5th February 2015

According to Knight Frank report, the Real estate prices will see a upward trend in 2015. In spite of sluggish demand in the real estate property market over the last year, residential property prices are soaring. It is the correct time for homeowners and absolutely not for the potential home buyers.

Karthik Deshmukh, Bangalore

4th February 2015

Comment

Last year there was a drop down by 17 % in the residential sales in India's top six cities. Usually the drop down demand would drop the realty prices down. According to the report, prices are heading higher due to the sharp decline in new launches.

Krupa Vasavaraj, Bangalore

4th February 2015