Of my two last weekends in Mumbai , I have been two Santacruz and Vasai road to meet my relatives .. As I communicated with them I found a really wonderful outcome .. people really looked forward to high inflation at the time ... do u know why ?
Having his own home is always in the basic dream of every man .. and having a home in Mumbai ... a really great one .. and this has really attributed in some highly exagerrated prices ... people are ready to pay 7500 for 1 sqft ... because the liquidity is high ..India is growing at high pace .. bank is paying easy loans and buiders are busy collecting money ...
What the high inflation will make sure is that the growth will face hurdles .. the liquidity will be temporaririly evaporated and the property prices will get a hit .. the reality can be checked in some of the areas where 5-6% downward journry has started ..
Now what that says is the old legend .. what must go up has to come down ...as nature has everything for our need and nothing for our greed .. then if our greed is not controlled by ourselves then it has to be brought down by nature itself ....
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