THE STATEMENT : Realty prices to fall by 20%

as of now there have been a upward swing in the prices of real estates across the India specially the Mumbai, whre the record high has been marked recently and was largely covered by media. It has been seen from previous six months.
And now Mr. Parekh , chairman of India's largest housing loan bank, indicating for the southward move of reality prices.

The remark of Mr. Parekh can be seen as the well researched statement in the light of some relevent facts like the recent hike in reverse repo rate from RBI and the peak of housing loan rate to 9.25 percent.SO it can be infer as after the peak there nust be faal of prices. its true for almost every economic activity. Reality state is not an exception.

On the other hand rising prices of reality state is least likely to fall in next few months as the Govt is ready to increase FDI in almost every crucial area which is responsible for stunning economic growth. India is witnessing high economis growth of 8-4 % previous year, and likely to maintain this growth . In turn India is a favourable destination for investment in many sectors. If we consider partcularly Mumbai, this metropolis is also attracting a lot of investors coupled with the huge population coming here for employment will surely increse demand for land, in the wake of this surge in real state price seems imminent.

Mr. parekh's statement is based on facts however the current trend say the other story so only time can vindiacate Mr. parekh's statement.






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