Opinion: Time to get real about prospects of real estate4 min read . Updated: 26 Dec 2018, 12:11 PM IST
Why is the real estate market so out of kilter? The imbalance between investment and return can be squarely attributed to the large parallel economy in the real estate market
India’s property market is fundamentally flawed. It is unusual in any part of the world that one would borrow at 10-12% and willingly accept a yield of 2%, on an asset where capital appreciation is marginal or non-existent.
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