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RE:well thats a great news....hope it happens
by johnson dsouza on Jul 29, 2008 03:57 PM

Even IT people can't afford to buy an house in Metros like Mumbai at today’s rate...I just can’t imagine to go for 50 Lacs bank loan to buy an house where I can live with my wife and parents….some days back I read one property on sale advertisement in news paper….It was a 850 sq ft flat at Borivali and the owner was expecting 70 Lakhs….I could not just digest it…..

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''We are headed for a distressed mkt''