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How
is the Real estate market?
The
Real Estate market in Bangalore has seen a boom period between 1994-96.
From March/April 1996, there was a slump in the prices which finally
turned out to be a crash towards the latter part of the year 1996. In
a sense, the real estate market was depressed and almost stand-still
until middle of 1999. For the past few months the market is steadily
picking up and it is now at the stage where a few builders have already
started quoting higher prices. From all indications, we should see prices
rising across the board in the next few months. Meanwhile, for the buyers
this is the best time to buy if one is to avoid even a marginal increase
in the prices.
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