Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Media Rah Rah
by Pravin T Kirpalani on Jul 29, 2008 04:00 PM

The Media especially the business entertainment channels like CNBC TV18 dont tell the true picture. The Real Estate Agents along with Builders are hand in glove. How can you expect a man with 10 Lakh rupee salary buy a Rs.80Lakh and upwards property in Mumbai. A decent 2BHK in Mumbai already above a Rs.1crore. This is a sad state indeed. A place like Belapur is commanding Rs.6k psf. Mulund Rs.6kpsf. What's so special about these places. Its just unaffordable now.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
''We are headed for a distressed mkt''