By reducing the loan amount, buyers would not be able to purchase flats. Demand would Reduce and Hence the Price. Pl. don't throw your hard owned money to hype. If the builders have to do business they would have to reduce prices. They would not be able to hold for a long time becuase even they have borrowed money from the bank's and have to pay interest and principle.
Friends, it is in your hands to bring down prices to a realistic value.
RE:The Other Side
by firefly on Apr 07, 2008 12:05 PM Permalink
Yes Jago and throw Congress out who has increased inflation by 7.5% in 5 years. They want to make the once India Shining poor again.
RE:The Other Side
by Mohammed Islamul on Apr 07, 2008 02:30 PM Permalink
The ball is now 75 overs old.. so its lost its shine.. wait for 5 more overs.... then the new ball will be available....then we will get a shine
RE:The Other Side
by Jagdish Gujar on Apr 07, 2008 02:53 PM Permalink
I fully agree with this. If the banks undervalue a property, the builders will be forced to bring down the prices. Its in the interest of the consumers!
