These real-estate prices have gone up beyond the reaches of even upper middle-class people unless they have assets thru hereditary means or if they have overseas income sources. Only young married executives where husband and wife both are making good money are investing in real estate without thinking about the cost or returns etc%u2026just to avoid heavy income tax. This bubble is going to bust soon as people who really need house will stay away from purchase and those who have bought it for heavy price may not able to get good returns (thru rent) or they may find lending rates as very high to sustain such heavy investment for a very long periods. Since most of the real estate prices are not offering Value For Money, since the market force is playing on the price hike, it is bound to fall significantly. I can only pity those who have invested in Apartments by paying Rs80 Lakhs or Rs 50 Lakhs etc%u2026
