According to report by Construction Real Estate Developers in India (CREDAI), real estate all across the country, especially in metropolitan cities is looking gloomy. The sales of many commercial projects have declined due to the effect of global recession. It…
Tag: real estate bubble burst
From Invitation Only to Open Carpets – From Super Luxury to Affordable and Functional Homes
Our friends from the real estate industry are eating humble pie. At one time, many properties would not entertain walk-ins. The prospective buyer was told, the property was sold by invitation only. Now they are calling, chasing and running after…
Hyderabad Real Estate Bubble Busts
In late November 2006, I had put a post on the coming bust in Hyderabad real estate. Quoting from that article ” It is not a question of whether the real estate bubble will bust but when it will bust”.…