I’m really very, very & very disappointed with what the research from the leading global consultancy firm, Knight Frank along with Citi Bank as made by stating that the prime property prices in India is likely to increase by 12 – 15% in 2010. So, why am’ I down on earth to be sad when the Wealth Report 2010 Attitudes Survey, happily pointed out that over 70% believe that 2010 will be good year to invest in property, with half predicting residential property will be the sector’s top performer. This is in need good news to residential property developers like Edifice Builders.

But, no – I’m still not glad because I was planning to be a potential real estate buyer. One thing that brings smile on my face is the words quoted to The Financial Express by Mr. Pranab Datta, vice-chairman and MD, Knight Frank India – “There are growing prime markets in every city of India. But, South Mumbai and South New Delhi are the markets, which are highest in terms of prices followed by Bangalore, Chennai & Hyderabad.” Yes, Bangalore is the third hot spot for real estate investment opportunities. Which in-turn assures good returns in the years to come.

All you potential real estate buyers need to react asap to avoid the price hike burden.

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