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Don't expect real estate prices to crack over next 1-2 quarters: Edelweiss Financial Services
Source: The Economic Times Dec 27, 2013
In a chat with ET Now, Ambareesh Baliga, Managing Partner-Global Wealth Management, Edelweiss Financial Services, shares his views on real estate space.


ET Now: What is your view on the real estate space?
Ambareesh Baliga: It is a dead cat bounce as the property prices have not cracked as much as what we would expect over the next one or two quarters. Even the interest rates are coming down. Going ahead should be positive, but the sort of inventory which is there in the market is too huge. Hence, we are looking at price cut or rate cut. Unless once that happens, you will see most of these stocks still correcting further.

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