Anyone planning to buy a house/office should postpone their decision by 4-6months coz Real estate pices are going to cool down soon. With rising interest rates there are not many genuine buyers in the market only big investors who have pumped in black money. We have seen unrealistic hike in prices for the last 2years and similarly we'll see realistic cool down in coming 2years. This is not my personal opinion, but based on facts & views of leading HFCs like HDFC,ICICI,GEmoney, etc. We are already seeing the corrections in big metros (like Delhi, Chennai,Mumbai,B'lore,etc) and soon we'll see it in smaller metros too (Pune,Hyderabad,Chandigarg,etc). It's also nature's law that anything and everything that rises very fast without sound base, comes down equally fast.
