Realty prices stabilised - Mohan Gurnani of Moraj Group
Gurnani, Chairman of Navi Mumbai-based Moraj Group, responds to
bizbuzzindia.com survey on RERA and realty check”
RERA era been able to improve transparency in the industry?
- Yes, RERA
has certainly improved transparency and over a period of time it will
mature and there will be a good climate in building industry.
the prices stable now? Is this the best time to buy?
- The prices
have by and large stabilised and now there is no room for them to go down.
It can only rise.
factors will influence future price rise, if any.
sentiment will be positive in time to come and that will create demand.
However There will be greater demand in affordable housing, he said.