Prajna Capital - An Investment Guide

Fall In Interest Rates, Property Prices Makes It Tempting To Invest In A House, But Do A Reality Check WITH interest rates on a downward spiral and prospects of getting a good deal on a house, the real estate sector could witness some buying in the coming months. Though property consultants recommend waiting for a few months for the right price, some home seekers may be tempted to kick off their house hunting expedition soon. Time for short listing While there is no need to rush into a decision, you can start looking out for a house right away. Once the market bottoms out, home-seekers will start making a beeline for properties and loans. If you have identified your ideal home beforehand, you will be a step ahead. You can jump at the earliest opportunity available — in terms of price and interest rate. Lack of buying activity means that the market is skewed towards the buyer at the moment. You can start quoting a price that seems reasonable to you. Try quoting a price that ...