Author: Raoji

You have the Indian economy in a tail-spin,equities are hammered out of shape,the job market is the worst in years,the Rupee is plunging to new lows and yet real estate is doing well…thank you very much.

The report below by 99 acres makes for fascinating reading.Most realty destinations have provided eye popping returns in the last one year.Most real estate agents are in bad shape and yet prices show no signs of abating.

[gview file=”https://alphaideas.in/wp-content/uploads/2013/08/MumbaiReport_99acres_180813.pdf”]

So what’s next?

All signs (falling transaction volume,low credit offtake,low rental yields etc) point to a bust in the real estate market.The catalyst?Elections.