04.04.2013 - India: Why the real estate market could crack in 2013
For middle class Indians, investing in property has been the surest bang for the buck. On an average, property values have quadrupled in the last decade. But now there are increasing signs that the dream run that real estate has enjoyed over the last decade could be coming to an end. Real estate practitioners point to slowing sales and rising inventories. As this story in The Economic Times explained, there is a glut of independent homes in south Delhi. Around the country, in separate micro-markets, the story is no different...............................................Full Article: Source
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