Posts

Showing posts from October, 2013

Indian economy & Property market

Only a few years ago, India was, along with China, viewed as a sleeping giant that had awoken, at least as far as economic development was concerned .  This view was completely wrong. We are now partway through a full cycle of crises, beginning with the United States (from 2007) and Europe (from 2008 in earnest). It is now the turn of emerging markets to face real problems, including India, a country that experienced great and long overdue success for 20 years. Almost the same story can be seen in the property sector of India which till now was booming attracting each and every man with some penny in his pocket for investment. But the story is changing now, the ever growing Realty is feeling slowdown pinch. The economic slowdown, inflation and steep interest rates have been dampeners for the real estate sector. But the important question to ask is, when is this downfall going to halt? Analysing  astrologically we can say that the story is going to