My view on the real estate boom is that it is presently overheated it can be seen the impact has been two fold no.1 the average price for a buyer of apartment flat in the suburbs is a minimum of Rs.35 lakhs and an independent bldg + land is a minimum of Rs.50 lakhs the prevailing prices have really sent out the real seekers out of the market or at least a majority opf them out. This leaves us with the investors,the way prices are bound upwards even investors are wary and the first point must be really worrying for them.given this scenario the prices have only one way to go combined with the tumble in the prices of gold and stocks downwards.

Ramkumar