NCR: What Signals In High Level of Advertising of Real Estate Projects?

December 13, 2014 - Uncategorized


There were 82 pitches for real estate projects from 99acres in my inbox in the last 30 days. Very high level of advertising for what is considered a slow time for real estate. Even DLF has gone ahead with a planned launch in Gurgaon. The recent news papers are flush with property advertisements, and some like M3M and Lodha are making land purchases for eye popping valuations. What is going on? Are these the green shoots, or the gasp before a 1-2 year period of slump? Have the fundamentals of property buying environment changed? Have the supply and demand lines crossed again as the supply was crimped in recent quarters?  
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To see the world in a grain of sand,
and then to see the beach where the sand lies.

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