I have a property in Kandivali (E) purchased 2 years back for investment. I heard that there may be recession in property market. Please suggest me as to should I Sale this property or wait for better price ? Thanks, Sunil
RE:Please Suggest
by mj on Mar 03, 2008 12:28 PM Permalink
looking at the present scenario, and the sky high prices, I suggest you sell the property. In six month's time I predict a huge drop in property prices. best of luck.
RE:Please Suggest
by Kavita rag on Mar 03, 2008 03:46 PM Permalink
the current rate is the best you can get. You may have to wait for another 6-7 years to reach the same level of price once the recession kicks in.
