November 9th, 2008 
Tushar Mathur
Real trouble? Not really! Although real estate developers acknowledge that there have been some bumps on India’s real estate ride, most of them feel this is “the best time to buy your dream house and you should go out to look for value deals”.
Speaking at the SundayET CEO Real Estate Roundtable, held in association with Le Meridien hotel on Thursday, the panelists also underscored the need for a national regulator for the real estate sector and said the government should promote private-public partnership to make housing affordable for Indians.
The event brought together property developers, government officials and bankers for a no-holds-barred discussion on the current financial crisis and its impact on India’s real estate sector.
And the takeaway was not all bad news for those Indians dreaming of becoming home-owners. “Today the market is experiencing greater end user participation. It is a good time to buy property for your own use. The consumer needs to make prudent decisions based on value perception of a product from a developer with a proven track record that seamlessly addresses personal requirements.
Real Estate Investment News, November 2008 from ET
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