In fact, the current market scenario provides more value investment opportunities. So, it is positive for mutual funds.
However, financial experts are of the view that though REMFs are good for those who want to participate in the property boom, investors should not look at them as equity funds.
It is a true that some developers are unable to sell houses and are offering discounts to lure purchasers. But, recent buyers have also discovered that many of these discounts are only marketing gimmicks.
They are aggressive going through the financial details of the customers. All indications that life is going to get tougher for potential home loan borrowers.
With barely a few days left before the current financial year (2007-08) comes to an end, it's time to pay taxes and file returns.
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