Right time to buy properties

I met few developers in Bangalore yesterday. With inflation cooling off to 5.9% last week, India may see interest rates in the range of 7-8% in the next 6 months. This should be music to ears of both buyers and developers. Moreover, the persistent decrease in the general price level of commodities especially cements is likely to bring down the cost of construction. With real estate developers expected to further cut prices over the next three months, experts feel that this is the best time to let their indecisiveness work to buyers advantage.