do polls make or break mar­kets?

Hindustan Times (Chandigarh) - Estates - - ESTATES -

do prices shoot up?

Prop­erty prices do not shoot up af­ter elec­tions, es­pe­cially not af­ter state polls as mul­ti­ple fac­tors are at play ir­re­spec­tive of which party wins. Right now, the re­alty mar­ket across the coun­try is go­ing through a slow phase and is try­ing to tackle the af­ter-ef­fects of de­mon­eti­sa­tion

over­all weak sen­ti­ment:

Over the last few quar­ters, buyer sen­ti­ment has been weak due to sev­eral eco­nomic fac­tors. A win by any party may up­lift home­buyer sen­ti­ment but the road to re­cov­ery will be de­pen­dent more on larger is­sues such as bud­get an­nounce­ments and in­ter­est rate cuts

buy­ers and builders hope­ful:

Builders are hop­ing that the state gov­ern­ment that comes to power will give a push to faster ap­provals, sin­gle win­dow clear­ance and bet­ter in­fra­struc­ture. Buy­ers are hop­ing that projects that have been de­layed are de­liv­ered with­out any last minute ad­di­tional charges

will NOTA cam­paign work?

Home­buy­ers may now start ex­er­cis­ing the NOTA op­tion if the gov­ern­ment does not ful­fil its prom­ises of pro­vid­ing hous­ing for all. “They have wait­ing far too long and if noth­ing hap­pens on ground, this may be the last re­sort left,” say ex­perts

quick-fix in­fra­struc­ture:

In case of in­fra­struc­ture too, there is of­ten a last minute rush to com­plete projects just be­fore elec­tions but it is a myth that the public will vote in favour of those try­ing to put up in­fra­struc­ture in haste. “The elec­torate has now be­come more dis­cern­ing,” say ex­perts

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.