Good times ahead for Indian property buyers?

Magicbricks.com Moderator says: Indian property prices and rental values may be poised for a “major correction'' as supply of affordable housing in India remains limited and office space exceeds demand, says a report by Goldman Sachs Group Inc. Prices and rents in some regions could fall as much as 30%, the report stated. 

Does this information indicate good times for property buyers? 

Will you pay to make your home Vaastu compliant?

Magicbricks.com Moderator says: Every day new technologies are making way into the property segment. These days, home buyers look for smart safety features in their dream home like CCTV surveillance, fully air-conditioned environment and 24 hrs security.

Would you pay extra for a Vaastu complaint home?  Would you make efforts to make your home environment compliant with Vasstu and Feng Shui recommendations?

Share your views in the ‘comments’ section.

Should investors buy property now?

Magicbricks Moderator says: Property prices have stabilised over a period of time. Reports by real estate consultants suggest that property prices will still suffer set back of 30-40%.

Is this the best time to buy then? What do you suggest? Should investors park their funds in property? Or will the prices sink further?

Have your say in the 'comments' section.

Interest rates slashed. Will real estate boom again?

Magicbricks Moderator says: In a bid to safe guard the property segment, all major state-run and private banks have slashed interest rates for home loans. Punjab National Bank and Union Bank have cut their home loan rates by half a percentage point. IDBI Bank has cut the home loan rate by 50 basis points.  

Will this measure boost property sales? Will this attract more home buyers in the market? Will this move trigger some transactions in the market?

Share your views in the ‘comments’ section.