Found a nice article in WSJ on the current real estate scenario in India. Especially in 2-tier city like Pune. When everyone is saying the market has tanked, bottemed etc the reality is the price is still too high for a flat in most of the cities. Yes the orice has come down maybe 20-30 percent but still way too high in some places. Unless you are plannning to stay in one no point
read the full story here
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