31.01.2011 - Bangalore: Property prices to see 10-12pct rise in '11 in city
From Business-standard.com: Property prices in Bangalore is expected to see a rise of 10-12 per cent in 2011 on the back of rise in input prices along with hardening of interest rates. However, demand will remain robust with sound volume growth for most of the real estate developers in the current calender year despite a possible rise in home loan rates. “Demand will remain robust and there will be sound volume growth in Bangalore as the interest rate hike will not substantially increase home loan rates,” Sushil Mantri, president of Confederation of Real Estate Developers’ Association of India (CREDAI)-Karnataka said...........................................Full Article: Source
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