ALL THOSE WHO READ THIS MESSAGE. THIS IS A FALSE ARTICLE. THE RATES HAVE NOT COME DOWN YET.
The rate for per sq ft shown in this article are quite less from the profit the builders have kept. The builders are not losing anything but earning less profit than before. Who is getting screwed up is the buyer(WE).
We need to wait for another 2years for the right price.
RE:THIS IS A FALSE REPORT
by Jayaram MV on Dec 12, 2007 11:07 AM Permalink
It will go down even further once IT companies start scale down due adverse effect that US economy is holding right now. We will get better price within just matter 3 to 6 months when we have clear information US companies IT budget (capex) for the next year.
RE:RE:THIS IS A FALSE REPORT
by rajesh kannan on Dec 12, 2007 11:12 AM Permalink
If US economy goes down dont think only real estate price will come down, even peopel like u will be fired from iT companies,then u will not even be able to buy a small cheap apartment ha ha