Comments on: Forbes Predication For Real Estate

By: riathareja

riathareja — Wed, 30 Apr 2008 05:52:32 +0000

India is unstoppable, the market will continue to boom, real estate will stay at inflated levels and India will soon reach the high quarterly growth rates of 10% politicians and economists are predicting. Despite the economy’s growth spurt in the recent years, the anticipated demand far exceeds potential supply. Skyrocketing wages won’t help solve the shortage of skilled labor. And that’s not all–infrastructure is not equipped to deal with the onslaught of foreign and domestic investment. India may get a bit too hot to handle in 2007.For more view- realtydigest.blogspot.com

By: Rajani

Rajani — Fri, 25 Apr 2008 10:32:24 +0000

Indian property market is projected to grow at a rate of between 40 to 45 % during 2008.
This follows growth of between 35 to 38 % in the previous two years

By: Vikas Bamotra

Vikas Bamotra — Wed, 09 Apr 2008 09:25:26 +0000

An international real estate agent Knight Frank predicts that the Indian property boom which lasted for the majority of 2007 is likely to continue into 2008, but it could be tempered by the credit crunch. For the same reason he advising buyers to “wait and watch for a month” before deciding to invest.
The projections which was made by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) during January, the Indian property market is projected to grow at a rate of between 40 to 45 % during 2008.
This follows growth of between 35 to 38 % in the previous two years – largely as a result of massive investment which has poured into the country.
“In certain cities, yes [the boom will continue]. In the centre of towns and cities such as Mumbai and Delhi the boom is continuing, but I do not know what is going to happen with the present situation,” said Jaideep Singh, head of the India desk at Knight Frank.
In further evidence of the market’s strength, a survey conducted by the Association of Foreign Investors in Real Estate (AFIRE), published in February, found India’s booming property sector has attracted foreign investors and figures in the top three property markets.Following the US and China, India at presents the best opportunity for capital appreciation in the world.