5 Crore is New 1 Crore?

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5 Crore is the new 1 crore in Indian housing market, says a media report. Is there any economic rationale of such a far-fetched assumption? Track2Realty questions...
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Комментарии
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Real estate rental yields are 2 to 3 max and resale is very difficult

stcreport
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I am earning in usd still can't afford 1 cr house

stcreport
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People have options now they can buy prefabricated modular, container homes.. they look beautiful.. though some maintenance is needed after 15yrs but it can be worth it.. dont get caught in these 5cr homes.. buying avove 2crores not worth it.. its only made for affluent class. Its really sad wherever the job market develops the cost of houses rise up.. i dont know which is the target audience for these developers.

Happysoul_
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1000 crore is new 1 crore and these shrewd developers will offer 2 bhk at 1000 crores in not more than few years....

amitamit-lrsh
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All ads i see in Bengaluru nowadays are flats starting 2.5 crs only as if its 2.5 lakhs 😊

nilanjansarkar
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Real estate needs bust happening from time to time, typical anchoring bias peddled by developers, 2 bhk minimum price being 1 cr is another anchoring bias paddling

siddharth