Reuters Poll: Will the property prices in 2019 going to fall?

By Abhay Shah, Realty Quarter

Even as individuals are more willing to invest in real estate, the price of the real estate will probably decrease next year, according to a poll by the new company Reuters. The poll shows that Delhi can be hit hardest when prices drop due to inflation and loan supply decline. On the other side, the liquidity crunch in the industry leads to higher interest rates and higher borrowing costs.

The Reuters study held from 29 October to 14 November found that national house prices would increase by 2.0% in 2019, about half the present and anticipated consumer inflation rate. If so, the price increase in one century will still be the lowest.

In the national capital, survey forecasts and the largest rate of property in any town could drop by 2.0% this year. Most specialists blame the potential fall in overvaluation rates in a market in which buyers are concerned about pollution. Prices may also stagnate in Mumbai next year. The survey demonstrates that rates in Bengaluru and Chennai can increase between 1% and 2% this year.  Analysts also indicate that the majority of estate markets in India are overvalued, thus shutting down new buyers from entering the market.