Rediff
It seems the Bangalore real estate bubble has burst.
The city, which saw some unrealistic rise in property prices in the past few years, has witnessed a sharp drop this year. A survey conducted by a real estate firm corroborates this.
Read full article
Blog editor's note: The editor has noted a slew of articles appearing in mass media outlets prodding people to buy property in Bangalore as prices have fallen from its peak. Someone is panicking some where. The editor feels that the property prices are still going to go further south.
It seems the Bangalore real estate bubble has burst.
The city, which saw some unrealistic rise in property prices in the past few years, has witnessed a sharp drop this year. A survey conducted by a real estate firm corroborates this.
Read full article
Blog editor's note: The editor has noted a slew of articles appearing in mass media outlets prodding people to buy property in Bangalore as prices have fallen from its peak. Someone is panicking some where. The editor feels that the property prices are still going to go further south.
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