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A "Triple Tsunami" Smashed In Indian Real Estate Market...!
Real estate investing guru and editor of Real Estate Fortunes, Mr. Ashwin Ramesh.
Over the last year or so, the Indian real estate market experienced an unprecedented "Triple Tsunami" in the form of Demonetization, RERA (the Real Estate Regulation and Development Act) and GST.
It's hurt the market significantly, and in the short to medium-term there could still be some pain. But longer term, the outlook is good.
In fact, thanks to RERA trust is coming back to the market. Risk has been shifted from the investor to the developer. This is ultimately a good thing.
All that's required as an investor is simple: patience.