Bangalore Property

Now is the time to buy property in Bangalore.

With interest rates peaked and over capacity problem, bangalore housing properties are showing 25-30% decline.

Prices are quoted almost 1000rs per sq feet cheaper.

For a 1000 sqfeet house its almost 5-10 lacs cheaper :-)

In an years time interest rates will come down making your floating interest rate EMI less.

With lower interest rate more people will chase property and will make these properties again expensive even with lower interest rate.

What you gain now?

1. Lower price for the property.
2. Easy availability making your choice wider.
3. Making your priced possession cheaper going forward with lower interest rate.
4. Faster appreciation from current depressed prices.

Read more.....

http://www.rediff.com/money/2007/dec/12bang.htm