There is all likelihood of this survey being made up by builders. Definitely the prices have stopped increasing irrationally. So, the builders have come up with this survey to attract people to come back to the property market.
RE:Its a made up survey by builders to attract people
by Rediff on Dec 12, 2007 03:53 PM Permalink
Even I agree with you. The moment I read this in TOI this was the first thought in my mind.This article is here because some big shot builders must have paid huge amount to get this article on the front page of TOI. Can you imagine "Bangalore property prices comming down" as a front headline in TOI.
RE:Its a made up survey by builders to attract people
by sailas g on Dec 13, 2007 06:53 PM Permalink
the article clearly reflects the vested interests as it only talks about prices of south, east, south east , north. Article didnt mentioned about west, or south west, north west or north east directions becos only in the south or south east directions only lots of real estate money went in and lots of apartments were constructed.
