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Dear ck.kislay,
You are subscribed to the thread "Real Estate Bubble Set to Burst Again in India" by MANOJa, there have been 3 post(s) to this thread, the last poster was sapvin82.
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
These following posts were made to the thread:
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: TruthSeeker1
On: March 28 2018 12:14 PM
the shortage of water is a much immediate danger in cities... in the markets i track i see it in Hyderabad has issues in many places.. no tanker no water.. Bangalore is will get there eventually... Indian cities have been pushed to the limits...
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: youngmoney
On: March 28 2018 08:58 PM
NCR property. Ad on property website is for 3.1Cr On meeting with owner, he asked for 2.75Cr I offered 2.2Cr. Owner got angry and said last price is 2.6Cr I came home. 1 week later, broker called and said they have come down to 2.5Cr I ignored. 2 weeks later, broker called and said owner wants another meeting. I told him that my price is final and there is no point in meeting the owner. Got a call today that owner is ready to sell. Told the broker to prepare papers and I will meet owner tomorrow to finalize. For me, bubble has burst. Waiting patiently since 2014 has finally paid off. This is for my own use. Now i don't care whether prices rise or fall further. I got a nice home for myself.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/13876-real-estate-bubble-set-to-burst-again-in-india
Posted by: sapvin82
On: March 28 2018 10:38 PM
[QUOTE=youngmoney;n2590762] NCR property. Ad on property website is for 3.1Cr On meeting with owner, he asked for 2.75Cr I offered 2.2Cr. Owner got angry and said last price is 2.6Cr I came home. 1 week later, broker called and said they have come down to 2.5Cr I ignored. 2 weeks later, broker called and said owner wants another meeting. I told him that my price is final and there is no point in meeting the owner. Got a call today that owner is ready to sell. Told the broker to prepare papers and I will meet owner tomorrow to finalize. For me, bubble has burst. Waiting patiently since 2014 has finally paid off. This is for my own use. Now i don't care whether prices rise or fall further. I got a nice home for myself. [/QUOTE]Lol how many people in India can afford 2.2 crores property. High end market wil always be volatile. I am talking about below 1 crore. that will not come down in any market in south India. Jobs are being created right left and center in Technology. Even many PSU are adding people in tech sector. Invest in Bangalore/Goa now or wait another 5 years by listening to idiots in this doom and gloom forum and it will be out of reach.... I am not sure about NCR. NCR may fall another 20-30% in all segment.
With warm regards,
Team IREF
With warm regards,
Team IREF
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