Falling share markets may spurt property market activity : Experts

The falling share market prices may lead to a spurt in the property market according to the market watchers.

Experts opine that most of the share market gain has been transferred into the real estate market. "People primarily invest in property, share and gold. In last three years, the property market was down so most of the investors turned to the share market. Now, the loss in share prices will push the investors back to the property market. The loss of share market will be the gain of the property market," said real estate experts.

Pankaj Kapoor, MD at Liasas Foras, the property research firm said that the real estate is in correction mode. "Earlier the property market was investors driven. Now, it is becoming the end users driven. The investors earlier used to buy the flats in bulk and that resulted into continuous rise in property prices so that they could book big profit, " Kapoor added.

He however reiterated that there should be rationalisation of the prices. "The bubble in the market has to burst. Due to this, prices have not gone however the sale has increased. This is the right thing. There should not be trading of properties that causes rise in prices," Kapoor said.

Another property experts also opined that property market will now register growth. "Property is a sure and secure place to invest. Share market is volatile. Therefore, most of the share market investors may return to properly market. " said another property expert.