Investing in property had seemed as the surest way of making a fortune in India. The real estate market had been so profitable and lucrative that not only have people who have come to realize the trend early on have made a lot of money, but even NRIs have invested in real estate properties in India and have substituted their already heavy pockets with the extra income. And there are so many takers for the real estate market chiefly because investing in real estate is relatively easy and has assured returns.Of late even the Indian middle class who had been known for their calculated way of spending money and generally shy away from investing at all as they seem to think it to be stuff of business persons, have started investing in real estate. It not only serves for the present but is a good post retirement investment. What is best in the real estate market is that it is easy to deal with. Buy any piece of property in an area where property is in good demand or is showing a trend of rising demand, hold on to it for a couple of years and then sell it in a considerably appreciated market.This has been going on in the Indian real estate market for the last decade. Indian economy had been slow between 1995 and 2002. But after that, as the economy started to climb steadily, real estate, along with many other sectors started to improve. Soon the market was overrun by professional as well as not so professional real estate investors. But we only have to take a look at America to caution ourselves about the outcome of such widespread speculation. The greed of the middle class Americans and the failure of the real estate sector single handedly brought about the huge slump in the American economy which eventually hit the rest of the world. Now 5 years after the great economic hit, the American market has finally started to recover.Real estate sales in big cities like Delhi and Mumbai has already slowed down considerably. When you hear that a developer sold all the flats in his project within the first three months of putting it up for sale, then do not believe that the real estate market is still having its dream run. If you research closely you will find that 70% of all the flats sold had been bought by investors. That is not equivalent to selling a property. The Ministry of Housing and Urban Poverty Alleviation has found out that at present 11.09 million houses across urban India are lying unoccupied. The inventory of unsold properties is growing bigger. Developers are holding on in the hope that the market will revive but buyers are also waiting in the hope of a correction for good. Therefore the real estate market has actually come to point of standstill right now and as a result experts are expecting a correction or a total crash in the real estate market in 2013. займ на карту без отказов круглосуточновзять кредит онлайн