Should you invest in real estate?
The period between 2002-2011 was a golden period for real estate investments. Now we have some data to understand the current situation. The National Housing Bank (NHB), the regulator of housing finance companies have launched a revamped RESIDEX, a housing price index. The index claims to offer home prices of 50 cities across the nation. This should help us get some idea about which way the real estate prices have gone over the last few years. And for the first time we should be able to calculate the actual city wise returns. Let’s take a look at Table below. It […]