International Property Investment » luxury property in India http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Mon, 30 Apr 2012 18:28:08 +0000 en hourly 1 admin admin International Property Investment Blog No No Luxury Property Market in India – Lying Will Not Help The Situation http://internationalpropertyinvestment.com/luxury-property-market-in-india-lying-will-not-help-the-situation http://internationalpropertyinvestment.com/luxury-property-market-in-india-lying-will-not-help-the-situation#comments Sun, 14 Dec 2008 10:59:21 +0000 admin http://internationalpropertyinvestment.com/?p=1126 Much like the UAE-based "news" sources, the Indian ones seem also to rely on press releases instead of providing any sort of genuine information. Any fool can see the Indian luxury property market is in trouble, with developers canceling projects, laying off staff and prices falling through the proverbial floor. But putting out press releases to the contrary does no one any good. At best you might attract a gullible buyer, but when the time comes for a mortgage, the banks are not going to fall for it. Take this "news" source for example. Here are snippets from two articles from this Sunday's online edition of The Economic Times -

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