Q:
Avoid investment in area such as Boisar,Karjat,Villages around panvel.Over-hyped,Bubble,Prices may Crash more than 50% .Subprime crisis,subprime loans ,Lehman brothers , United States 2008 housing crash,China ghost Cities ,China Housing bubble - Google it and get your answers.Time to not to buy or invest in Property Now .Sign DHFL has Crashed more than 60%
Q:
ALERT !!! Is India in Property or Real Estate Bubble
See this : Situation of Housing Projects By very big brands & companies
https://www.thehindubusinessline.com/news/national/boisar-where-apartments-are-lying-vacant/article6781518.ece
Are Property Price Over-inflated, Over-Hyped, Artificially high or Over-Priced oe exaggerated ? and it is a part of inflating Bubble which is going to burst ? A Property Price Crash or Collaspe !
As it happened in US in 2008 where prices of Real Estate in some areas almost reached to 1%
https://en.wikipedia.org/wiki/United_States_housing_bubble
As it is Happening now in china where Price of the Real Estate or Housing are falling in Sub-urban Areas ?
https://www.youtube.com/watch?v=XopSDJq6w8E
This are the GHOST TOWN OF CHINA and PROPERTY OR HOUSING BUBBLE
https://www.youtube.com/watch?v=BcyYyyaPz84
Reason there will Be Real Estate or Property Crash in India :
1)Over-Supply of Housing Units & Vacant or unsold Property inventory
This is the situation of hottest property market in Indian city called MUMBAI
https://www.afternoonvoice.com/4-8-lakh-flats-remain-unsold-mumbai.html
https://housing.com/news/52-per-cent-maharera-registered-residential-stock-unsold-mumbai-cushman-wakefield-propstack-report/
https://mumbaimirror.indiatimes.com/mumbai/cover-story/realty-crisis-mumbai-is-witnessing-its-worst-ever-property-market-slump/articleshow/61313018.cms
2) Supply of Property property from GOVERNMENT ORGANISATION SCHEME such as MHADA , CIDCO Delhi authority
Huge Vacant Plots are lying Unsold with this authorities
https://timesofindia.indiatimes.com/city/mumbai/no-takers-for-rs-869-crore-mhada-flats-and-plots/articleshow/65300076.cms
3) Pradhan Mantri Awas Yojana (PMAY) Huge supply of houses for poor under this Scheme
4) Preference : People now prefer To rent Instead of owning house due to employment Old trend of necessary to own house is ending
now its becoming more Feasible to Rent than own
Un-necessary construction of property in far areas where its not necessary , way beyond city limits , Outskirts like for example : Palghar,Boisar,Khopoli(too much over-hyped prices) where Property prices
are too much inflated ( real rates may be only 25%) where there is danger of big losses, prices may crash to almost 90%
See this : Situation of Housing Projects By very big brands & companies
https://www.thehindubusinessline.com/news/national/boisar-where-apartments-are-lying-vacant/article6781518.ece
So is it better to spend money on other investment or spend it for leisure & enjoyment it your choice
Latest Answer: Hi Karan,
Can you suggest some good project and locality for investment? I am looking for a 2 BHK flat and my budget is Rs.40 lakh. Can i get a good property in the above mentioned localities? Your recommendation will be highly appreciated.
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