I think Indian cities are suffering from a serious real estate bubble. The value that you get out of a property is really questionable. I'm just talking about s

I think Indian cities are suffering from a serious real estate bubble. The value that you get out of a property is really questionable. I'm just talking about services (electricity/water/sewage), road networks, air quality, water quality, public transport, surrounding neighborhoods, etc. Not to mention build quality, finish quality, and other factors. A nice property in New Delhi can cost close to $1M USD. That's say a 3 bedroom apartment in an upscale area. Land, of-course costs a phenomenal amount more. Mumbai prices are even higher. At that kind of rate, I'd rather put my money elsewhere (you can buy great property pretty much anywhere on the planet for those prices..), especially somewhere that can offer a better quality of life. .. waiting for it to pop .. if it ever will sigh