Sky-high property prices in India: Zerodha's Nikhil Kamath questions if a crash is coming – Business Today
Property prices in India have been soaring to sky-high levels, causing concerns among experts and investors. Nikhil Kamath, co-founder of Zerodha, has raised questions about the sustainability of these prices and whether a crash is imminent.
Kamath’s concerns come as property prices in major Indian cities have reached unprecedented levels, making it increasingly difficult for many people to afford to buy a home. The rapid increase in prices has been fueled by factors such as high demand, limited supply, and easy access to credit.
While some experts believe that the property market is in a bubble that is bound to burst, others argue that the high prices are justified by strong economic fundamentals. Kamath’s questioning of a potential crash in the property market highlights the uncertainty and volatility in the sector.
As the debate over property prices in India continues, it remains to be seen whether the market will experience a correction or a continued rise in prices. Investors and homebuyers alike will need to closely monitor the situation and make informed decisions to navigate the challenging real estate landscape.