• No. It is not really over, Just adjusting to the existing recession & trying to stabilize into the market.
  
  JD,
  Project Management Consultant Answered by Jawaharlal D , Project Co-ordinator at Vanan Infrastructures | 09, Aug 2010 08:35 PM

• no ,it is not over due to that our internal financial system is affected. if you r of opinion of yes then why there is inflamation by day by day ,why the prices touching the sky , why there is dissatisfaction in the minds of the people. Answered by sheetal kasturwar | 27, Jul 2010 09:42 AM

• YES Answered by krishna reddycv , manager at gmr highways | 25, Jul 2010 10:43 AM

• Yes, is in Improvement per Asian GDP Growth rate. Will take 5 Year minimum. Answered by Harilal Bhatti , Assistant Manager, Warranty Management & Special Pricing at Ingersoll-Rand (India) Ltd | 24, Jul 2010 04:51 PM

• Recession may be over or might have gradually slowed down but the impact to many of the organisations will be seen now as the impact of monetary terms will be now reflecting. The organisations which might have survived the core time of recession banking on the savings etc might see a down turn of same. Hence we cannot say that the recessionis really over. Answered by Baiju Sukumaran , Manager HR at Quickstart Global | 23, Jul 2010 01:30 PM

• Indian metros are yet to slide into huge defaults of mortgages. I personally feel that during the next year or so there could be considerable defaults leading to considerable lowering of real estate prices. Answered by Jayasimhan T Rajasuriya , Chief Architect at Sun Associated | 21, Jul 2010 08:25 PM

• No Answered by SAMIRKUMAR C MEHTA , GM Projects at Unitech Limited | 20, Jul 2010 01:57 PM

• Realty recession first of all never came. Recession can be said when it is there for more than 18 months. In India it was just a hold back situation to get higher prices which as every one can see. The realty recession will hit India in 2012 July and would be there for atleast 18 months or more. Sunil Harlalkaa Chief Executive Perfect Vastu Consultancy Answered by SUNIL HARLALKAA | 20, Jul 2010 01:43 PM

• Yes jaydeep now reality is booming in few month,bcoz the recession of reality is end.It was not when the recession in the market property is slow down,that time the actual buyer/finanacer & invertors invest the money in developing sector,not invest on developers project due to reason is some project is stop no construction on the project.but now property is booming upto 70% to 90%. Answered by Naveen Verma , Manager Sales & Marketing at Collage Group Infrastructure Pvt.Ltd. | 20, Jul 2010 01:27 PM

• I think your company can give proper & appropriate answer! Answered by Ajay Relhan | 20, Jul 2010 12:23 PM

• Realty recession??. It is the Global FInancial Crisis which has brought its effect on every sector for quite some time ( say a year) However, with the long term prospects of India being intact and recession proof, those who have taken the wise decision to invest in the temporary crash of prices in the real estate have reasons to be happy having taken appropriate decision at that time to invest in real estate.
  
  Now, having got the confidence levels of indian investors at its positive side, you can say the realty recession is not existant right now, however like any market, this also will act based on demand and supply in various areas of the country and various sectors of the real estate. There is Good Potential for the High End ...See More property values going steady. The so called budget housing projects do have a lot of potential upside in view of the new market that is created and regulations that are in place now and each of the builder or corporate are eyeing for their pie in this section of the market. Answered by Babu Yelamanchili , AREA ESTIMATION MANAGER at Kettaneh Construction | 20, Jul 2010 10:45 AM

• I think, recession is only a prolonged depression in sales at prices that the seller expects. This recession is not yet over, as the real prices have not moved up, as per the expectations of the builders who are used to higher upward movement of prices. Answered by praveen subramanya , Vice President at India Infoline Ltd | 20, Jul 2010 10:42 AM

• The prices in major cities of India have gone up and especially the property prices which will never come out………..but the prices are not real. Answered by Goutam Jena , Dy.Supdt. Mechanical Works at Snamprogetti | 20, Jul 2010 09:46 AM

• It is over. During the recession, market takes a turn and finda solution by itself. The real estate market across the country came to an stand still alomst for 8 to 10 months. Finally , the builders identyfied the market potnential in the so called "Budget Homes" . The demand for budget homes (Homes for the middle class) always existed. Just that the builders did not recongnise the potential, but they went after the luxury homes, hwere the ROI was in multifold. The market fectors like "Recession" has put the builders to recongise the market potential in the middle class. Hence the market for budget homes has grown in the last couple of months. Answered by charles swamy , Head- marketing at Akshaya Homes | 20, Jul 2010 09:36 AM

• There was/is no recession this all is created by industrialist and politicians to increase there wealth and to widen the gap between rich, middle and lower middle class. Answered by Amit Grover , Project Manager at NIIT Technologies Ltd | 20, Jul 2010 09:15 AM

• I believe there is no recession in India
  Pricerise are manipulations of our great leaders
  Have not you have seen the exports are incresing and tax collections raising? Answered by Satya Narayana Palukuru , Advocate working for social and environment at Advocate , Hyderabad | 19, Jul 2010 07:43 PM

• Steep rise in relaity prices need not be a signal of end of recession. It can also be a cartel of builders holding on to the prices or lack of avenue for investment in other sectors. With steep rise of reality, the sale is bound to come down; upto a point where they would optimise each other.. Answered by Arindam Pal , Senior Executive Engineer (Infrastructure) at Nuclear Power Corporation Of India Ltd | 19, Jul 2010 07:06 PM

• Offcourse, there is no recession. As far as i understand its already over. If you see the increase of prices in various sectors. Answered by Ali Azam , Marine Construction and Civil Work at Archirodon Construction (Overseas) Co | 19, Jul 2010 06:36 PM

• Not 100% but it is on the ways. i hope so it recover with in this year. Answered by Mukesh Kumar , Civil Engineer at Galfar Engineering & Contracting SAOG | 19, Jul 2010 06:33 PM

• not over but in short time it going slow down for few time like 2008 middle than after it again pick up Answered by Sanjay Darji , Owner at Ghanshyam Real Estate | 19, Jul 2010 06:29 PM

• In my openion,it is not over.The current prices are not real one,take care. Answered by Harindra Sharma , ARE at Parsons International Limited | 19, Jul 2010 06:26 PM

• India really never had any recession. It was more of a global, primarily developed world phenomena and India remained untouched since we hardly have a free global economy, and rightly so.
  As far reality sector, the steep rise in property prices is true and false as well. While it's false in the sense that the rise is just not justified or logical if we intend and govern the economy well, it is true (and purely our own doing) since it is being manipulated by those in control for their own petty interest geopardising the national interest. We are developing only few select pockets in urban centres leading to the steep rise. If we could reach out to country side with the benefits of development, which is very much workable, the ...See More steep rise will simply vanish and the unjust hype will prove to be false. But the million dollar question is who in Power is interested in running the Economy? Answered by ram shrivastava | 19, Jul 2010 06:06 PM

• 
  Yes, it likely ended in June 2009. But like an expectant mother waiting for her baby to be born, this feels like a long labor before we get to meet the recovery in person.
  The economy has come out of recession , "reality is booming" , and "prices are sky high" - "invest in property, there is a tremendous potential" . We keep on hearing all this in newspapers, TV, and the internet. Even if you step into a meeting, this is one of the hot-button tropics that is definitely discussed.
  ...See More
  There is no doubt that prices in major cities of India have seen a steep rise.
  If we talk about Tier II and Tier III cities, property in these cities is still at the same level as it was when the recession started around two years ago. Though there have been major corrections in the property prices in these cities, they have still not come out from the recession while the world and India have came out of it. Answered by Chandrashekar Iyer , Currently Not employed at Currently Not employed | 19, Jul 2010 05:59 PM

• Globally, conditions are very uncertain. There are outstanding questions about flows of money and labour between developed and developing economies and a further set of questions about resource availability, particularly oil. What we are seeing is a global rebalancing of economies to reflect their actual levels of production rather than their levels of borrowing. It will remain very uncertain for a few years yet. Answered by Paul Burrows , Head of IS at BCIS | 19, Jul 2010 05:34 PM

• Agree with Sripada, Stephen. Answered by Abhishek Singh , Asst. Manager 2 at Times Business Solutions Limited ( TBSL ) | 19, Jul 2010 05:33 PM

• It is yet to come, key data's like GDP, inflation are not OK at the same time europian economy is not trustwirthy, it can fall any time and it is in the hand of international sindicat of traders. Truth is not as it look's right now.......be aware............. Answered by Mukesh Kumar Pokharna , Asst. Manager at Reliance Energy Ltd | 19, Jul 2010 05:26 PM

• not yet over. Answered by Md Rafi Ahmad , Quality and Material Inspector at Parsons International Limited | 19, Jul 2010 05:11 PM

Comments (1)

• It is going to be over. Commented by VIMAL CHAND JAIN, DIRECTOR at AMIT CONSTRUCTION COMPANY | 49 days ago

• Jaideep,
  India never had any recession but only a slow down triggered by reduced export earnings, especially in IT Sector and withdrawl of Investments by IFIs..There was reduction in Artificially inflated prices of Real Estate due to lack of liquidity.Same story goes on except that Indian Economy is further getting misgoverned due to unchecked rise in prices and sluggishness on part of government to check either the inflation or the price rise..Even God / Good Monssons shall not reverse that trend. Yes, over all result seems to be--- less creation of jobs, likely lesses liquidity and no takers in lower and middle income segments..Rich and upper end buyers are unaffected...Indian Corporates may be preparing for next battles in ...See More USA and Europe where W shaped recession is being talked about and its impact on India is likely.I am fearing Floods -- and Pests which may bring Indian Economy to knees...in a months time..
  
  Next One year mayy be gloomy for Real Estate.... Answered by Lokesh Punj B Tech. MBA IIMA , Free Bird at NA | 19, Jul 2010 05:08 PM

Comments (1)

• well said Lokesh... Commented by Jaydeep Goyal, Sr. Manager at DLF Ltd | 49 days ago

• I never feel recession in my job, But now everybody said recession is over. Answered by Mihir Manorath Bhatt , Manager-Interiors at IHHR Hospitality Pvt. Ltd. | 19, Jul 2010 05:04 PM

• I think its not yet over. Answered by Shariq Eqbal , Project Engineer at Al Gihaz Co. Limited | 19, Jul 2010 04:59 PM

• I feel like YES the situation in Hyderabad market is good for commercial activities and there is lot of inquiries from the upcoming and startup companies.
  Sales of the residential projects also getting better than the last years. Answered by Venkatesh Thummala , Sr.Manager at Goodwill Co-ordinators | 19, Jul 2010 04:59 PM

• I feel still its on the market correction . Answered by sripada kulkarni , Managing Director at Kaizen Project Management Consultants Private Limited | 19, Jul 2010 04:53 PM

• The very right question. but very thought full situation to answer. Neither recession is over nor the rate is getting corrected. Because the plots which was bought during high market value rate cannot come down. the correction can not be done only on cost of construction. We are going thru very tricky and confused period. Answered by T.Ravi Mudaliyar , Head - Projects at Thapar Developers pvt ltd | 19, Jul 2010 04:51 PM

• WELL IN TERMS OF THE REAL ESTATE IN DUBAI ITS CERTAINLY ON.......TO GET RID OF RECESSION COMPLETELY..THE WAY THINGS ARE FINANCED HAS TO CHANGE. Answered by Ali Shadan , Sr Sales Coordinator at Dar Al Duniya Real Estate LLc | 19, Jul 2010 04:48 PM

• I feel the recession effect is over with the necessary price correction and this is the time to invest Answered by STEPHEN HENRY , Head - Operations at Major Realty company in South India | 19, Jul 2010 04:35 PM

• Not yet, the hike which is seen is not real one. take care Answered by Nitinkumar Bhavsar , Asst. Vice President at FIRST CARBON TECHNOLOGIES PVT. LTD | 19, Jul 2010 04:34 PM