The Indian housing market is facing sales and prices fall. This is going on by higher interest rates that have cut into demand in the past several months. Developers are now seeing for a boost from Reserve Bank of India in the form of cut in the interest rates. Real estate sales go down during the past few months across India. This trend will continue in the coming months. However, a cut in interest rates can change the trend. If you are seeing for buy a property in Kochi, Hyderabad, Gurgaon and Noida, it is a good time because they are seeing prices fall between 6% to 10%. Developers are trying to renew buyer interest. Increase in interest rates affected the home buyers during the previous quarter. Developers providing schemes to attract potential home buyers. The housing market is most expensive of India's over the past two years. In the past two years, real estate developers have raised over $25 billion.
If you want to buy a dream house in India, this is a good time to buy a dream house.
