Many a people said that Pune is booming and they are so right, the only boom I hear is the boom in the income of the builders and illiterate real estate agents. The builders are clearing up every possible green patch left in Pune.
2008 talk to any builder, real estate agent and they would say that property prices are gonna rise more. I say how much more!!! Already people are not able to afford houses, and I am talking about everyone from the IT to Non IT. Prices have softenend in a place like Mumbai to the tune of 10-15% what makes the builders in Pune feel that they would be able to sell at more increased prices. Realty needs a reality shakeup.
