17.01.2012 - Why residential property prices never fell in Indian cities
Investors are the lifeline of a cash-strapped developer. They are the ones who are keeping builders afloat even now. Pankaj Kapoor, managing director of real estate research firm Liases Foras, explains that compared to 1995, when there was shortage of liquidity in the market which led to a crash in the real estate sector, the situation now is quite different. "There are hardly any avenues which offer you safe returns today. The stock markets are volatile and gold prices are also at an all-time high. So, investors look at the real estate sector to park their excess funds. It is not the developers who would have to take a price cut but the investors," he adds...............................................Full Article: Source
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