Source: Knight Frank, Goldman ResearchProperty prices may need to fall by up to 30% in some markets for affordability to improve. But this does not guarantee that they will begin to start moving up again and at the best arrest the FALL.
Tuesday, November 25, 2008
Historical Residential Property Prices of Indian Metros
The following chart shows Historical Grade-A Residential Prices in Delhi, Mumbai, Chennai and Kolkata between 1992 and 2007.
Source: Knight Frank, Goldman Research
Property prices may need to fall by up to 30% in some markets for affordability to improve. But this does not guarantee that they will begin to start moving up again and at the best arrest the FALL.
Source: Knight Frank, Goldman ResearchProperty prices may need to fall by up to 30% in some markets for affordability to improve. But this does not guarantee that they will begin to start moving up again and at the best arrest the FALL.
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