Sat, Nov 22, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Finance, Residential property Watch more

India: Housing prices continue to rise

Posted on 29 November 2012

For all the talk of an economic slowdown and sluggishness in consumer spending, housing prices continue to rise. Barring Kolkata, home prices have continued to rise in most big Indian cities in the past seven quarters.
Prices have increased although absorption of residential property declined by 16% in the first half of the year to March from the preceding fiscal and absorption of commercial real estate by 29% in the same period, according to Citigroup Inc. “This is attributed to the slowdown in economy, rising interest rates and affordability issues,” Citigroup economists said in their latest macro survey………………………………………..Full Article: Source


 Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930