So, now is the time when the Residential real estate prices are stagnant in Gurgaon. I’m talking about plots not the high rise apartments. I personally feel that is best time for actual user to buy a property for himself. Inverstors are not putting in their money for a very good reason. The registries of the 60 sq yd plots has been closed by HUDA (Haryana Urban Development Authority) and god know how these decesion will help the government in increasing their revenues. There is a lot that need to be done in the Real Estate Sector in Gurgaon, lot of companies need to be invited to set up their bases over here and I don’t think this has happend from the last 3 years…. Hope for the best for future…
Archive for the ‘Real Estate’ Category
Residential Real Estate in Panga Nowadays….
Monday, July 31st, 2006Reviews of the real estate scenario in Gurgaon…
Wednesday, March 29th, 2006So, the real estate thing continues…
We had some good deals in the past months and still better deals in pipeline. We had many bad experiences in the near past. Sometimes the sellers backed out and sometimes the buyers. Its a sellers market in Gurgaon nowadays, property going up and up and nobody knows that where it will end. Well, good for us as we get more bulls in the market who are ready to invest millions and millions of rupees in thier pocket. But the irony of the business is that when if comes to negotiation, then the buyers and sellers having millions in their pockets breaks the deals just for Rs. 5000/-. How Foolish…