A recent survey reveals that home buyers in major Indian cities expect property prices to decline significantly in the coming months, as indicated by the Housing Sentiment Index.
Pune's unsold property surplus creates a buyer's market. Stable prices and a wide selection empower buyers to negotiate deals, while developers face pressure to adjust pricing strategies.
Indian real estate prices vary significantly by location, causing confusion for buyers. Prices in cities like Mumbai, Delhi, and Bangalore have seen dramatic increases, with certain areas showing especially wide price bands. This volatility contrasts with more stable Western markets.