With the news of the Congress party winning again, the one section that has been rejoicing in a big way is that of the real estate. The last few months have been miserable for them with the recession and the sinking prices. To add to it, there was the Telangana issue in the air which caused more fears.
But now, all those fears have been wiped off and since the government is stable, the chances for investments will get high. It is also being said that within 100 days of forming the government, the Congress party is looking at passing a directive to the banks to reduce their lending rates to attract more business.
The experts are now saying that there will be a steady increase in the real estate market now and this is good news. So, for those who think that the prices will fall further, it is about time they start buying before the prices will rise. Good days are coming folks.
