Surely, it must be a surreal feeling for those who rode the heights of real estate boom during last few years. As the boom started to crumble and with interest in property evaporating fast in the wake of a series of events from economic slowdown to Telangana and Andhra agitations, those who sold properties like hot cakes must be finding the present circumstances hard to digest.
Even before they could reconcile to the turn of events from Telangana agitation and the moves of the Centre, came the agitation in other parts. This pushed the prospective buyers, even the genuine ones, further deep into the wait and watch mode. Projects put on hold, half-completed towers, accumulating construction material and no buyers dropping in at their plush offices clearly is forcing the reality boom accept the realities.
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