Property demand revives

Published: August 21, 2009

In a providential turn of events, the global economic slowdown has provided end users a unique opportunity to buy their long cherished ’sweet homes’ as prices in many pockets in the National Capital Region have fallen steeply. In particular, apartments in the new launches are now available in some markets at almost 50% of the [...]

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Goldman Sachs says prices will drop by 30%

Published: November 25, 2008

NEW DELHI: Real estate prices in India requires to drop by 30% to spur demand, said Goldman Sachs in a report. However, the report further maintained that the sharp decline in the prices will have a negative impact on the economy.
Goldman Sachs said: “Our India Real Estate Team believes that prices need to fall by [...]

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