When Real Estaste down, What Can we do

2018, THE YEAR REAL ESTATE Down New Delhi: We all know somebody who has made a mini fortune by investing in a flat or residential plot at the right time. Despite the usual ups and downs, there exists a deep-rooted sense among Indian investors that residential property is a sure-fire investment which delivers excellent returns. This wisdom has been passed on from generation to generation. Yet, unless you’ve been living under a rock, it’s evident that residential real estate has been down in the dumps. According to National Housing Bank data, property prices in Mumbai and Bengaluru increased annually by just about 7.50% and 5.75% respectively between June 2013 and September 2017. In Delhi, prices actually fell by -0.70% annually during the same period. Beyond the data, we hear numerous stories of investors in distress with their money stuck in delayed projects. There are also stories of many brokers, in fact the entire realty ecosystem, struggling to cope with this slowdown. Read more at http://starhealthdevarajan.com/news/534 Call 9840177017 Devarajan for insurance related Servies www.licdevarajan.com