ani

Seeking Alpha in Indian Real Estate

Mariya, keep you money you will witness a break down in cochin real estate market as these builders and brokers manipulated the common man for 2 years. Now it has come to a stage where these builders on going projects are almost dead!! After the sub prime banks are very much critical about the applicants repaying capacity. Inflation will really squeese the average person who invested in realestate because these people spend 80% income for repayments.

wait and see...there is Ups and down. I have witnessed same fate years back where builders pushed the apartment with huge loss!