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India: Time to sell your house with realty prices peaking and a correction in the offing

Posted on 13 June 2011

As property prices surpass the 2008 peak levels, realty experts believe that a correction is possible in the next couple of quarters, especially in cities like Mumbai and Delhi where prices have risen fast. This, according to some experts, offers an opportunity to real estate investors to book profits.

Parvinder Singh Sidhu , a Navi Mumbai-based marketing executive, concurs. Five years ago, Sidhu had bought a second home, a 750-sq-ft flat at Belapur in Navi Mumbai for about Rs13 lakh………………………………………Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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