Saint-Barthélemy - French West Indies

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India, "Real estate prices set to grow"

Real estate developer Ansal Housing and Constructions Ltd., on Friday said that real estate prices in the metropolitan cities will grow between 10-15 per cent while 20-25 per cent in small cities of the country during next 1-2 years.
Ansal Housing forecasted this growth despite the claims that property market in India is overheated.
"The real estate prices in Delhi, Mumbai and other metro cities will grow by 10-15 per cent and on the other hand, the prices in smaller cities will increase by 20-25 per cent," Ansal Housing & Constructions Ltd, Director, Kushagr Ansal told reporters here yesterday.
Although the overall scenario of prices in the country tends to remain bullish yet there are certain pockets in which the market has shown sign of overheating, he opined.
http://www.hinduonnet.com/thehindu/holnus/006200708180333.htm

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