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India: Cold realty market will warm up in 2012

Posted on 03 January 2012

With all economic parameters indicating a slowdown, real estate prices should moderate in 2012 making it possible for many people to buy an apartment. Similarly, an oversupply situation in commercial real estate should soften rentals in this sector during the year, feel experts.
“The near-term outlook for residential real estate market is likely to remain cautious, given the likelihood of low market sentiments. Key market indicators, including absorption and new launches are likely to remain low given the execution concerns,” Samir Jasuja, founder and chief executive officer (CEO), PropEquity, a real estate data and analytics provider………………………………………..Full Article: Source


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