Check out The Hindu news paper of August 7th. It mentions that there are 2 lakh apartments that are vacant! Added to this is the economic slowdown and food & fuel inflation. People who wish to buy property in the current climate purely for investment should beware as they could make a very bad loss! There may be a bust just around the corner. Mumbai, Pune & Kolkata have already seen a significant decline! Bangalore has also experienced a slowdown excepting the high end segment from brand name builders. Sarjapur will also definitely be affected when the IT industry is affected (which it certainly will in the very near future- see the quarterly/ annual results of the big name IT organizations there). My own experience is that people usually prefer to buy a "new" apartment. Resale is next on the list and driven by location alone. So people wishing to "invest for resale" will be severely affected.Check out The Hindu news paper of August 7th. It mentions that there are 2 lakh apartments that are vacant! Added to this is the economic slowdown and food & fuel inflation. People who wish to buy property in the current climate purely for investment should beware as they could make a very bad loss! There may be a bust just around the corner. Mumbai, Pune & Kolkata have already seen a significant decline! Bangalore has also experienced a slowdown excepting the high end segment from brand name builders. Sarjapur will also definitely be affected when the IT industry is affected (which it certainly will in the very near future- see the quarterly/ annual results of the big name IT organizations there). My own experience is that people usually prefer to buy a "new" apartment. Resale is next on the list and driven by location alone. So people wishing to "invest for resale" will be severely affected.

There is one other thing to also consider. Our IDIOT Govetnment is amending the marriage laws to give half the property to wives. Now women are rampantly misusing marital laws to get rich quick. Divorce/ separation cases are heading to 50%! The usual strategy is to file false dowry harassment and domestic violence cases and then file claim for the husband's property. (ask your nearest friendly neighbourhood lawyer & s/he will educate you). Then the negotiation will start. Now the amended laws ONLY makes this TERRORISM LEGAL! In the west such women are called "GOLD DIGGERS". SO IF YOU HAVE A SHAKY MARRIAGE OR PLANNING TO GET MARRIED, its better NOT TO INVEST ANYTHING IN YOUR NAME (AT LEAST FOR SOME TIME), or enjoy your money NOW. ADOPT A WAIT & WATCH APPROACH AND THEN DECIDE!There is one other thing to also consider. Our IDIOT Govetnment is amending the marriage laws to give half the property to wives. Now women are rampantly misusing marital laws to get rich quick. Divorce/ separation cases are heading to 50%! The usual strategy is to file false dowry harassment and domestic violence cases and then file claim for the husband's property. (ask your nearest friendly neighbourhood lawyer & s/he will educate you). Then the negotiation will start. Now the amended laws ONLY makes this TERRORISM LEGAL! In the west such women are called "GOLD DIGGERS". SO IF YOU HAVE A SHAKY MARRIAGE OR PLANNING TO GET MARRIED, its better NOT TO INVEST ANYTHING IN YOUR NAME (AT LEAST FOR SOME TIME), or enjoy your money NOW. ADOPT A WAIT & WATCH APPROACH AND THEN DECIDE!