1. Real estate has gone in down trend due to the fact that last 2 years has seen a lot of speculative buying and had manged to get home loans at low interest rates.
2. However speculative buying has gone due to strengthening of rate of interest and now only genuine buying is visible in the market. Presently a 15%-20% oversupply is visible which means a softened price.
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30 Jul 2008
IndianReal estate sector analysis and future for real estate stocks
IndianReal estate sector analysis and future for real estate stocks
2008-07-30T22:59:00+05:30
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