Yes Indian Market is definately overheated; reason being more money being paid for same or even poor quality of service or product... take a case of Flat or Rowhouse which costs anywhere between 30 to 50 lac. with this kind of money you get very good independent house in US or UK or Australia or other western country...which means a developed country. And we are still developing which means roads, quality of construction and service of builders are no way comparable with actual value for money scenerio.. I recommend buyers should stop buying the properties at these rates or ask for world class services. If you are paying best price don't settle for anything less, afterall its your hard earned money and you deserve full value for it.
