Tuesday, April 15, 2008

BLY Real state - Boom or Bust?

So, is there any bubble in the Bareilly real estate sector ? It is yet to be seen. Every boom, irrespective of the nature of the sector, is grounded on a strong economic sense of demand and supply conditions As the market will remain on a high platform over next few year. Future prognosis take physical appearance and the recuperation is continued further. In this stage, the price rise would be sudden and it draws several speculators who don’t have the staying capability. This improvement takes the shape of a full – blown bubble that breaks at some point, bringing down even genuine players.