"Where flats are more expensive, the drop will be sharper than where the flats are cheaper...
correction is bound to come,"
HDFC Chairman Deepak Parekh told reporters!
Really?.. Amazing!..What about home loan interest rates, any cuts, corrections, Mr. Parekh?
"If..if the availability of money...if our cost of fund comes down,......we will certainly reduce rates," Mr. Parekh!
Mr. Deepak Parekh, now you can not make this statement "Correction in real estate is bound to come" more than ones in a year..
Rajkumar Barjatya of Rajshri films, producers of Maine Pyar Kiya, Hum Aapke Hain Koun..!, Hum Saath-Saath Hain, Main Prem Ki Diwani Hoon, has taken the rights of this sentence.
Rajshri has found out why "Vivah" was not a big hit. Now "Correction in real estate is bound to come.." is the title of their upcoming film.
Don't you think Chairpersons of HDFC, ICICI, SBI are playing to the gallery?Despite the economic slow down profits of these banks have gone up substantially. These banks didn't pass on the benefits of stimulus packages to their borrowers.
Still just to grab the front page these people take every chance to talk about real estate rate cuts. These people bash builder as if he is some "bad man." Do you think that a boss of the bank is a hero of the Hindi film who cares for the common man? Please, share your views in the comments. (Comments Policy),
Feel free to call me:I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110
Subscribe for Free!To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog
For my blogs on real estate projects near Hinjewadi, real estate investment, advertising and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group