A sign of widely anticipated price correction in NCR?

We have had discussions previously as to how good a decision it is to enter into buying a residential property at this point.
We have been suggesting from the beginning that builder credentials and locations have to be paramount for an investor looking at short term gains. For an end user, no time is a bad time.

While a lot of back end transactions are happening at sub-industry standard rates, the builders and promoters have been least forthcoming in suggesting such a saturation in the industry.
However, inline with this general perception, couple of months back, Supertech had come up with a 1-pe-1 free offer.
Now, an Amrapali advertisement in newspaper this weekend suggests how the prices have remained stagnant for a significant period of time.

Having said that, relatively good builders like ATS, Purvanchal, Gulshan have still managed a reasonably good and consistent prices clearly indicating that a builder with good credentials will continue to reap benefits irrespective of the market scenario otherwise.

What do you feel? Is it just the beginning or a mere passing shower? Do share your views.

Comments/Feedback invited.

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Last Updated on March 23, 2015 by Go4Reviews