Real State

The Indian property bubble is a hypothetical scenario in which the nation of Indias current over-inflated housing market readjusts violently.

Some Indian economists have expressed concerns that housing markets in some major Indian cities may be property bubbles and are expected to burst by November 2014.

The primary causes triggering bursting of this currently hypothetical bubble would include political instability in the country, restrictions on banking exposure to this segment of the economy by the Reserve Bank of India .

Prices in the Delhi Metropolitan Area, according to this scenario, may crash by over 40% during the first week of November 2014, leading real-estate speculators throughout India to panic and begin massively selling their failing portfolios at enormous losses, triggering a downward spiral that will quickly pop the bubble.

This will likely be in an attempt to prevent the sort of massive housing price crash that occurred during the fall of United States property bubble of 2008-2009, but it will have the opposite effect, speeding up losses.

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Jimmy Patel Of the total financial savings and assets in the country, the share of MFs has increased in the last three years to 14% in March this year from 10% in 2016
Thu, 20 Dec 2018 08:54:39 +0530