Friday, April 9, 2010

Is Real Estate a Real investment

I saw a ad by Sobha developer about investment in apartment flats in Bangalore. Price start 60 Laks !!! come on Sobha Developer... you call it a investment. Can you tell me why and how people will make money in these flats.

I am not sure who would buy flats in these apartments but the question here is that after all that happen in US economy and recession all over world, can people still call Real Estate as investment. At least Real estate is not an investment in India.