Browsing: Property price correction

Headlines Real Estate Crash, Property Market Crash, Delhi NCR Property Crash, Delhi NCR Real Estate Crash, Real Estate Price Crash, Real Estate Price Correction, Property Price Crash, Property Price Correction, Indian Real Estate News, Indian Realty News, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Best Real Estate Journalist, Best Property Journalist

Will Delhi NCR property market crash?

The bubble across Delhi-NCR property market is quite visible. It’s no more a question of whether but when that the market will correct or crash. The question today across the built environment of real estate in this part of the world is that how serious is the crisis ahead. Prima facie, no one would like to admit this unpleasant reality, not at least those who have skin in the game of real estate. Ravi Sinha tries to read the pulse of the property market of Delhi-NCR.

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Price correction a reality in secondary market

Swadeep Sharma was on a house hunt in Noida for the last two years. Last year he could find a house of choice at one of the newly delivered projects in Noida Expressway at INR 5600 per sq feet. He could, however, not manage his finances then. Now that he has managed his finances, he went to the same location anticipating shelling out more money. He was, however, taken by surprise. The apartment in the same society is today available at INR 4800 per sq feet.