The future of prices in real estate in gurgaon ?

Question

The future of prices in real estate in gurgaon ?

Answer 1

It is go up.

Answer 2

It will stabilise.  There are some vantage areas, where the prices have not increased and in some areas there is abnormal increase.  Where there is abnormal increase without corresponding demand, future & artificial demand created by builders and sellers, the prices will fall.  Where there is due, the prices will raise.  But- in toto- the price rise will not be sharp and the drop in prices can be expected in many areas.

Itenabled services has lost its sheen and are migrating to new locations, where land prices are reasonable and work force is easily available with less attrition rate. The demand for real estate and related fields may not hold much glee for the investors. The future is bleak.