Buy Or wait?
Property prices have eased in some pockets and chances are itcould dip further. Should you buy your house now?
Krishna Gopalan
When Sameer Kumar moved to Mumbai from Hubli around three yearsago, he witnessed the runaway real estate prices in the city. Themarketing manager at a well-known pharmaceutical company, whocommutes for three hours every day by the city's suburban trains, isconvinced that he will stay in Mumbai for the next 10 years. Now he'slooking for a place that will fit his budget, but the price increasehas been too steep for him. For now, the price rise in Mumbai seemsto have stalled. But a few lingering questions remain: Is it time …
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