Gaurav Gupta Director, SG Estates

Stock markets are very responsive to changes in the political and economic scenario. They react very fast and last very short. This is unlike in real estate industry where level of responsiveness is low due to the nature of industry and high value investments. Real estate has seen positive effects in the micro markets of Rajasthan, MP and Chattisgarh where the people are seeing the stable government. Delhi on the other hand is seeing very low activity as people are not sure on which government will and what their policies will be for real estate in Delhi. However micro markets of NCR like Raj Nagar and Crossings Republik is seeing good responses from the end users where one can find 2 BHK apartments in price range of `25-35 lakh.