Don't wait for real estate prices to fall further

Realty experts say you should buy at the current prices rather than wait

The real estate sector has been witnessing a slowdown since 2013. Since developers are focusing on offloading their existing inventory, there have been few project launches in the recent past.  With demand on the decline, land prices have also taken a hit. A recent report from Ambit Capital says that land, and hence apartment, prices may soften further in 2018-20 due to the activities of the real estate regulator and the National Company Law Tribunal (NCLT). For end users, this raises a question: Should they wait for prices to soften or should they purchase apartments at the prices and discounts