Would there be any price correction soon? - Property Hotline
March 6, 2017
112
1
0.89%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Mirror Now Episodes Around March 6, 2017
See what was published immediately before and after this episode.
5:50Now PlayingWould there be any price correction soon? - Property Hotline
YouTube Description
as posted by the channelSunita wants to buy a 1BHK home in Kalyan within a budget of Rs 30 lakh. She feels while the current home loan interest rates are low, property prices are still high. While she expects a correction, but will it be really so anytime soon?
According to Amit Goenka, CEO and MD, Nisus Finance, property rates have been flat over the last one year.
“Talking of Kalyan, where we have closely looked at a number of projects and literally, the projects are selling just to keep the cash flow coming. There has been really no margin”, he says.
The Maharashtra government may announce increase in ready reckoner (RR) rates in April to tide over the “low collection of stamp duty”, which essentially means the prices will again go up. Additionally, the property taxes have gone up. Taking cue from the statements, Amit says, “So even if you consider the statutory dues alone, there is no chance that the property prices will go down.”
Be Un Confused
Links & Promotions
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.