Property Prices In India

livelyfire said:
@sweetangel: It doesn't matter people are poor or rich. Roti, Clothes and Home are their rights. I am not talking about buying real estate by poor. But they must have a shelter. And education is the only thing by which they can survive. I just admire the education policy of Bihar Govt. Many kids from poor families and girls are started going to school.
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Of course the need of shelter, clothes and food is everyone's right but still government cannot provide these things to all poor people as they cannot earn bread for themselves. it is not at all possible to provide homes to these poor people as the quantity is quite high in india. Moreover poor people need food more than home as they cannot survive without food but can do without homes.
 
India's Blooming Property Sector:

Amidst relaxed policy methods, market corrections, recovering demand, India's attractive property sector reported lucrative direct foreign investments worth US $2.8 billion. Owing to government initiatives, improved capital markets accessibility, sustainable operating-performance Indian property sector have a promising future.
 
Well with the information posted here above only gives an inference that property prices are going to soar up and its going to become impossible for even middle class people to dream of buying a home. So i think govt. must tackle the prices of properties unless there is a sustained growth in even low lying sectors and improvement in earnings of people.
 
Property prices in India are increasing at a great pace, especially in the major cities of like Delhi and Mumbai. The rise in property price is a result of our growing and developing economy. It has been seen that many NRI's are investing in property in India and has prove to be a great investment option for people in India.
 
Hello,

Yes of course real estate price increases and investers also increase. But before investment need to check history and current situation of the area where we investment.

Thanks
 
Property prices have risen at the rapid speed in India, a country of 130 crore people, where building a small home is still a dream for 30 percent people living below the poverty line. Indian cities have become some of the most over populated places in the world. This is one of the main reasons real estate is so expensive in our country, especially in cities.

The second important thing, and the reason why property prices are booming is , Indians prefer and love to live in their own home.
 
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