The Current Dip in Property Price in Delhi-NCR – Good Time to Buy

The Indian real estate market has been facing several ups-and-downs over the past years. This was particularly true from 2012 to late 2013 as property prices yo-yoed up and down, resulting in tremendous confusion. Buyers held back as they waited for the market to stabilize. However, the year 2014 brings good news for buyers. Property rates in some areas in Delhi-NCR have fallen by over 20 percent, according to NDTV. The National Housing Bank’s Residex Index was the first to point out this fact. The Index tracked residential property rates across 26 different cities in India. The Index stated that...