What is the logic behind real estate pricing?
Apart from factors like location and builder, what else is a factor for pricing a flat of x BHK, y cr?
Tier 1 cities have high pricing for flats like if we talk about Gurgaon, we can easily see 2bhk starting from 2 Cr😓
There’s no logic behind it. NRIs keep flooding the real estate market with constant inflow of money no matter what prices the builders quote. So the prices will never go down unless NRIs suddenly lose all their purchasing power
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