IF PLANNING TO BUY A PROPERTY IN AND AROUND BANGALORE, HOLD IT OR WAIT FOR A MONTH OR TWO, THEN PROCEED WITH THE PURCHASE. THE PROPERTY MARKET IS STABILIZING AND THE SALES HAVE DROPPED CONSIDERABLY IN THE LAST TWO MONTHS. THE ABNORMAL PRICES IN SOME AREAS AND UNREAL PRICES OF SOME OF THE PROPERTIES MIGHT TEND TO LOSE SOON AND A MARKET CORRECTION IS EXPECTED.
BUYERS, EXPECTING A FURTHER JUMP IN THE PRICES ARE BLINDLY NEGOTIATING THE PROPERTIES IN GRAMATHANA AND REVENUE POCKETS WITH B FORMS, MIGHT FIND IT DIFFICULT TO REGULARISE AND EVEN RESELL SUCH PROPERTIES.