|
|
 Email this Page |  Write to us
Here's how real estate prices are falling
March 25, 2008
High interest rates and overheated asset prices have cooled the super-charged growth in real estate even as a demand-supply mismatch continues in the Indian property market.
Decline and fall
Price movement over the last three to six months in the central business districts in key cities has been flat
Prices are expected to be flat in the near future
Speculators moving out, end-users buying cautiously
Commercial real estate supply to increase in coming six to eight quarters
Interest rate cut would have helped boost demand, but with inflation up, this is unlikely
Input costs - steel, cement etc - have gone up, along with land price
Text: Raghavendra Kamath
Image: A labourer pushes a handcart past a billboard of real estate group DLF in Mumbai
Photograph: Indranil Mukherjee/AFP/Getty Images
Also read: The classy Hyderabad International airport
Powered by 
|
|
|
Advertisement
