Buying real estate is widely
considered a safe bet by Indian investors, even though the market might show
otherwise.
Like every other market, real estate
too has its highs and lows. For instance, the real estate market boomed between
1988 and 1994, and most property prices went up by over 10 times during this
period.
However, the bear market that
followed was very challenging. By 2002, many properties were being put on the
market at half the peak price they achieved in 1994.
Buying
real estate is widely considered a safe bet by Indian investors, even
though the market might show otherwise. Like every other market, real
estate too has its highs and lows. For instance, the real estate market
boomed between 1988 and 1994, and most property prices went up by over
10 times during this period. However, the bear market that followed was
very challenging. By 2002, many properties were being put on the market
at half the peak price they achieved in 1994. If one considers the ..
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