Real estate experts in Delhi and satellite towns of Noida and Gurgaon have confirmed that property prices are sliding. So, if you want to get the best property deals, this is the time.
Though on record, the brokers in Gurgaon object to any suggestion that property is becoming cheaper.
Prices of plots have fallen. Plots that were sold for Rs 55,000-50,000 per yard one year ago can be bought now at Rs 45,000, a property broker from Gurgaon said on the condition of anonymity. These plots are believed to be in and around Sushant Lok and Gold Souk.
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