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RE:People here seem to be dreaming
by Ghanta on Dec 14, 2007 06:41 PM

I agree. The problem is that a lot of buying happened in real estate primarily as investments. This led to a fake over-demand and consequently over-pricing.
Even if prices are dropping( which I doubt), they will not drop substantially.
This is true for all places be it Bangalore, Chennai , Mumbai etc.

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Plan to buy a house? Head for Bangalore