The real estate market in coimbatore is skyrocketing.Is there any chances of falling?

The real estate prices in Coimbatore(Tamilnadu-India) is skyrocketing(increased manyfolds) due to the Tamilnadu govt's proposed plan of promoting Tier cities as a hot investment destination(especially in IT).....Will the price fall or remain increasing?
According to the current market, now the price tag is minimum 300% rise in main areas of coimbatore.....One of the reason for this is many real-estate brokers,promoters have blocked the land for booking high profit....
How the real estate will behave in future? especially in Coimbatore?.....
Many metros and other cities have this experiance(sudden increase in land price and falling after some time)....can coimbatore take their experiance ? Am planning to buy a property....but i have to spend a lot to buy a small piece of land......can i wait for some period for the market to fall.....
can anyone help in this?...

What goes up, must come down. In the USA, many people were buying homes, and now they can not get rid of them. My own brother has 4 homes in Florida for sale(Florida took the biggest hit) Nothing sold for a whole year. He is miserable. However, it did look good in the beginning when he was buying it 2 years ago...I would wait for the market to stabilize if I could

Coimbatore will yiled good , and among the cities in TN coimbatore is regarded in the top preference.
Even in the nearer Tirupur, the prices are higher than in Coimbatore. Both are good choices.

Tags

　　Investment Trading 　　Investment Strategy 　　Investment Services 　　Investment Portfolio 　　Investment Plan 　　Investment Performance 　　Investment Options 　　Investment Opportunity 　　Investment Manager

Related information

Should I form an LLC for investing in Multi Family Unit?

That is a great idea to start with 1-4 units. 1-4 units are considered as a single family home for mortgage purposes. It is also a good idea for you to move in one. This will give you a good intere...

Should I buy land for in Texas for a tax break and to build my credit?

Land values in real estate are cyclical, so it becomes very risky solely investing in land when you have no plans to develop or improve the land. I would say do not invest in land, unless it'...

Does Quicken 2008 Premier have sufficient new features?

It all depends on what you want Quicken to do for you. For a fairly complete comparison (including hype) go to the Quicken web site at Link #1, below. For a more balanced view I would recomme...

Investing $500 Dollars, What to Invest Into?

What are you interested in? Do you like Coke, or prefer Pepsi? Both are very profitable publicly-traded companies. Do you shop more at Home Depot or Lowes, or even Wal-Mart? You can buy a piece...

Is consistent temp-work feasible?

It is hard to tell what they have, but there is a downsize to temping. It isn't all the time they have work for me and I got work experience, so you can talk to your recruiter what assignments...

What is the better place to buy a property..? Maryland or Florida?

Florida is getting like Vegas, it went from 135000 to 2.0 million, the prices of everything went the same way. Property values went up 200% in ten years, there's no more deals in Vegas a...

Condo/Townhouse in Houston, TX?

Real estate does not get taxed on sale like sales tax Attorney fees: Hire an attorney who will handle all of your contracts. he will be the person who will make sure all the contracts you sign...

Converting a garage into a room? Decrease or increase value?

Your home is already at a competitive disadvantage by not having a basement. The lack of a garage will put it at a further disadvantage when you go to sell. In my ten + years of selling Real Es...