Mumbai developers are battling high inventory.
Gurgaon and Mumbai, the richest cities in Haryana and Maharashtra, respectively, have always been the preferred markets for investors. Most parts of these cities are beyond the reach for those looking for affordable homes.
PE funds have invested Rs 13,000 cr into the property market in Bengaluru.
There is also scope for buyers to negotiate for discounts.
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As returns decline, with extent and time horizon uncertain, some of these investors look to shift to safer zones
Bengaluru's average home prices are Rs 4,000 a sq ft.
Real estate developers are banking high on ultra-luxury projects.
People are not just splurging on clothes, mobiles and household goods through the online route, they are also looking at cars and even houses.
These homes offer services that help lead a smooth retired life.
These projects are targeted at financially well-off and upwardly mobile Indians.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
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