Should the Indian real estate market be worried about an impending global meltdown?

commercial real estate

While residential demand is largely domestic in nature, the commercial segment’s office occupier profile is largely IT/ITeS companies with clients in the West. If the West slips into a recession and those clients cut budgets, there could be some impact on the commercial segment here, said one expert.

For representational purpose

For representational purpose

After Elon Musk issued a warning that the commercial real estate market is “melting down fast”, Robert Kiyosaki, an American entrepreneur, businessman and author of Rich Dad Poor Dad – a personal finance book about investing in different asset classes – warned that the real estate market is on the verge of a crash that will be worse than the 2008 financial crisis.

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Source: www.moneycontrol.com
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