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India's Exploding Real Estate Market: Shades of the Florida Condo Bubble

If you are checking agricultural land prices on 99acres.com then those sellers are not the farmers or actual land owner. Suggest s more practical hands down approach rather than sitting in an office and checking on the internet. As a comparasion prices for agricultural land in Karjat (1 hr out of Mumbai) is available for $10-15K an acre but middle men who have bought land, subdivided into smaller pieces are selling to Mumbaites as a weekend home for the equivalent of $150-200K per acre, if one has to go by the various advertisements in the daily newspapers.