Anyone India is the only market in world where only real estate prices are rising not the rent this goes only for residential properties. In Gurgaon you can get a two BHK for rent on 16K, but if you want to buy it will be at least 80 lacs. From simple business sense the 8% Interest rate on 80 Lacs after tax works out to be approx 35K. Why would a user then buy that property? It's only the speculators who are driving this boom. All set to become a doom after commonwealth games at least in NCR.
