A recent report by Ambit Capital shows the real estate market in India is beginning to decline. Property prices have fallen by between 7% and 18% in the largest cities in the country over the past year. Apparently property prices in Delhi could have gone down by as much as between 20% and 25% over
Property Prices in India Continue to Rise, but Is the Market Overheated?
October 31, 2011 by
There are construction sites everywhere, especially in the new-age design townships of Noida and Gurgaon, but many are nowhere near completion as cash-strapped developers such as DLF seek to offload assets in an effort to improve cash flow. It’s no secret that many builders are in a bit of a fix, but in spite of
